WTI Crude Daily 15Jul

Wednesday's Auction
via The Daily
As noted in Tue's analysis, the focus into Wed's auction to Key Supply Cluster, 53s-53.40s, was key as selling interest drove price lower from Key Resistance to 51.36s, an Unsecured Low at/near the Avg Daily Range Low within context of Daily Value overlapping lower amidst larger Balance, 50.80s-53.60s. Focus into Thu's auction on response to Wed's Unsecured Low, 51.36s.