Showing posts with label Multi-Distribution Trend. Show all posts
Showing posts with label Multi-Distribution Trend. Show all posts

WTI 16Dec

Wednesday's Auction
via The Daily
As noted in Tue's analysis, the focus into Wed's auction on response to 37.90s-37.40s, was key as selling interest emerged near there, driving price lower toward the Daily 2nd Std Dev Low. Focus into Thu's auction on response to 35.30s-35.60s, near the Composite Cluster Low. 

WTI 28Oct

Wednesday's Auction
via The Daily

As noted in Tue's analysis, the focus into Wed's auction on response to developing Balance, 42.58s-43.35s, was key as buying interest emerged, driving price aggressively higher, achieving the Stopping Point, 45.98s, beyond the Daily 2nd Std Dev High. Focus into Thu's auction on response to developing Balance, 45.40s-46s.

WTI Crude Daily 09Jun

Tuesday's Auction


WTI Gap Higher Open Study
via The Daily

As noted in Mon's analysis, the focus into Tue's auction on response to Key Demand Cluster, 57.70s-58s, was key as buying interest emerged above there ultimately driving price higher in a multi-distribution buyside trend toward the Daily 2nd Std Dev High. Focus into Wed's auction on response to Tue's Unsecured High, 60.38s.






Tuesday's Micro-Blog Excerpt
via The Daily

WTI Crude Daily 29May


Thursday's Auction
via The Daily

As noted in Thu's analysis, the focus into Fri's auction on response to developing Balance, 56.70s-57.40s, and Thu's Buying Tail, was key as buying interest entered early in Globex and continued through the auction, driving price well beyond the maximum daily statistical expectancy toward Key Structural Resistance Overhead, 60.50s-61s. Focus into Mon's auction on response to Key Resistance, 60.50s-61s.  




Friday's Micro-Blog Excerpt



Friday's Auction

WTI Crude Daily 21May




Wednesday's Auction

As noted in Wed's analysis, the focus into Thu's auction on Wed's Balance, 58.50s-59s, was key as buying interest entered, forming a Structural Gap Higher Open ultimately driving price higher toward the Daily 1st Std Dev High. Focus into Fri's auction on response to 60.25s, Pullback Support.




WTI Gap Higher Opens
via The Daily

Thursday's Auction

WTI Crude Daily 07May



Wednesday's Auction

As noted in Wed's analysis, the focus into Thu's auction on response to Wed's Key Demand Cluster, 61s-60.20s, was key as selling interest emerged there, driving price lower to the Daily 1st Std Dev Low into the close. Focus into Fri's auction on response to 58.50s-58.80s.    





Thursday's Micro-Blog Excerpt

Thursday's Auction

WTI Crude Daily 08Apr


Tuesday's Auction

As noted in Tue's analysis, focus into Wed's auction on response to Tue's unsecured High, 54.13s, was key as selling interest emerged after the NY close, driving price lower into the NY auction. Selling interest entered following the "bearish" EIA data, driving price aggressively lower beyond the Daily 2nd Std Dev Low, the maximum daily expectancy. Focus into Thu's auction on response to Wed's Sell Spike, 51.30s-50.40s.  


Wednesday's Auction

  

WTI Crude Daily 04Mar


Tuesday's Auction

As noted in Tue's analysis, focus into Wed's auction on response to 50.80s was key as Globex selling interest drove price from 50.80s lower, achieving the Stopping Point, 49.60s. Buying interest entered, driving price higher toward 51s before initiative buy programs entered, driving price toward 52s. Focus into Thu's auction on response to the Breakout Point/Prior Resistance, 51.10s.   





Wednesday's Micro-Blog Excerpt
via The Daily

 Noted here (highlighted in yellow):
  • Early in the NY auction was the filling in of the Buying Tail, 50.50s-50.70s, amidst increasing Sellside Delta, implying the potential for price discovery lower.
  • Initiative sell programs (ISP) at/near 50.70s-50.65s. Downside Reference Levels included Tue's Low, 49.44s.
  • Sellside momentum extreme was achieved at/near 50.35s, noting price extremes usually follow momentum extremes. Ultimately, the market auctioned to 49.60s, near Tue's Low, before halting the downward auction.


Wednesday's Auction