WTI Crude Daily 13Aug

Thursday's Auction

via The Daily

As noted in Wed's analysis, the focus into Thu's auction on response to developing Balance, 42.80s-43.90s, was key as selling interest entered, driving price lower to the Avg Daily Range Low, challenging the Major Structural Support, 42.40s. Focus into Fri's auction on response to Thu's lower cluster, 42s-42.40s, within context of Daily Value Lower at/near Major Structural Support.

WTI Crude Daily 03Aug

Monday's Auction

via The Daily

As noted in Fri's analysis, the focus into Mon's auction on response to Key Structural Stopping Point Area, 46.60s-47.10s, was key as selling interest entered there, driving price lower toward the Daily 1st Std Dev Low. Focus into Tue's auction on response to Mon's Sell Spike.

Monday's Live Blog Excerpt

via The Daily

WTI Gap Lower Opens

via The Daily

Monday's auction saw a structural Gap Lower open. Based on the market generated data, this market structure implied asymmetric potential for lower prices. The market ultimately saw price discovery lower toward the Daily 1st Std Dev Low.

WTI Crude Daily 31Jul

Friday's Auction

via The Daily

As noted in Thu's analysis, the focus into Fri's auction on response to Thu's Sell Spike, was key as Thu's Sell Spike held as resistance, resulting in price discovery lower toward the Avg Daily Range Low. Focus into Mon's auction on response to Key Structural Stopping Point Area, 46.60s-47.10s.

WTI Crude Daily 30Jul

Thursday's Auction

via The Daily

As noted in Wed's analysis, the focus into Thu's auction on response to retracement, 48.50s, was key as buying interest developed there early in the NY auction before selling pressure entered there late in the NY auction forming a Sell Spike into the close. Focus into Fri's auction on response to Thu's Sell Spike.

WTI Crude Daily 22Jul

Wednesday's Auction

via The Daily

As noted in Tue's analysis, the focus into Wed's auction on response to Key Breakout Area, 50.50s-50.70s, was key as selling interest drove price lower toward the Daily 1st Std Dev Low/Intermediate Term POC into the close. Focus into Thu's auction on response to Wed's Sell Spike.

WTI Crude Daily 16Jul

Thursday's Auction

via The Daily

 

As noted in Wed's analysis, the focus into Thu's auction on response to Wed's Unsecured Low, 51.36s, was key as the market rallied above 51.36s during the Globex auction toward 52.17s, near Wed's Sell Program Resistance. Selling interest entered there, developing Balance, 52.10s-51.10s, for the remainder of the session, within the context of Daily Value Overlapping Lower.  Focus into Fri's auction on response to Thu's Sell Spike (51.60s-51.25s In Sep contract). 

WTI Crude Daily 27May

Tuesday's Auction

via The Daily

As noted in Tue's analysis, the focus into Wed's auction on response to the Unsecured Low, 57.70s, was key as minor range extension lower developed toward 57.40s. Focus into Thu's auction on response to developing Balance, 57.40s-58.40s. 

Wednesday's Micro-Blog Excerpt

via The Daily

Wednesday's Auction

via The Daily

WTI Crude Daily 26May

Monday's Auction

via The Daily

  

As noted in Mon's analysis, the focus in Tue's auction on response to 60.25s, was key as selling interest emerged near there, driving price lower toward the Daily 1st Std Dev Low near Key Structural Resistance. Focus into Wed's auction on response to the Unsecured Low, 57.70s.

Tuesday's Micro-Blog Excerpt

via The Daily

Tuesday's Auction

via The Daily