WTI Crude Daily 02Oct

Friday's Auction
As noted in Thus analysis, the focus into Fri's auction on response to Key Structural Support Area, 44.50s-45s, was key as selling pressure drove price modestly lower toward Key Structural Support where buying interest entered, driving price aggressively higher in short covering inventory adjustment. Focus into Mon's auction on response near the Composite POC, 45.20s-44.90s.