WTI 04Nov

Wednesday's Auction
via The Daily

As noted in Tue's analysis, the focus into Wed's auction on response  to  48.40s-47.90s, was key as selling interest emerged driving price lower toward the Daily 1st Std Dev Low near the 50dayVWAP. Focus into Thu's auction on response to Composite POC area, 46.20s-46.30s.