WTI 02Nov

Monday's Auction

via The Daily

As noted in Fri's analysis, the focus into Mon's auction on response to Key Structural Resistance, 47s, was key as selling interest emerged both in the Globex and NY auctions within Fri's Key Overhead Supply Cluster, 47s-46.60s. Focus into Tue's auction on response to developing Balance, 45.90s-46.60s.

WTI 29Oct

Thursday's Auction

via The Daily

As noted in Wed's analysis, the focus into Thu's auction on response to developing Balance, 45.40s-46s, was key as buying interest emerged during the Globex session near 45.40s resulting in price discovery higher, toward 46.80s. Focus into Fri's auction on response to developing Balance, 46.80s-45.60s. 

WTI Crude Daily 21Aug

Friday's Auction

via The Daily

As noted in Thu's analysis, the focus into Fri's auction on response to Thu's Upper Cluster, 41.30s-41.80s, was key as selling interest emerged there, driving price lower toward the Daily 1st Std Dev Low. Focus into Mon's auction on response to 39.80s, the current Stopping Point Low. 

Friday's Live Blog Excerpt

via The Daily

WTI Crude Daily 11Aug

Tuesday's Auction

via The Daily

As noted in Mon's analysis, the focus into Tue's auction on response to the pullback to the Breakout Point/Prior Resistance, 44.20s, was key as buying interest emerged in Globex near there, only to be negated by structural selling. Focus into Wed's auction on response to the Stopping Point, 42.69s, within the context of a Sellside Breakdown below 43.60s.

WTI Crude Daily 05Aug

Wednesday's Auction

via The Daily

As noted in Tue's analysis, the focus into Wed's auction on response to developing trade cluster, 46.25s-45.20s, was key as buying interest attempted to drive price higher on "bullish" EIA data. Selling interest entered at/near the 5day VWAP, driving price aggressively lower toward 44.80s. Focus into Thu's auction on response to 44.80s-45.20s. 

Wednesday's Live Blog Excerpt 
via The Daily

WTI Crude Daily 24Jul

Friday's Auction

via The Daily

As noted in Thu's analysis, the focus into Fri's auction on response to 48.20s, was key as selling interest drove price modestly lower toward 47.70s. Focus into Mon's auction on response to Fri's late auction Buying Tail, 47.70s-47.90s.

WTI Crude Daily 17Jun

Wednesday's Auction

via The Daily

As noted in Tue's analysis, the focus into Wed's analysis on response to maturing Balance, 60.20s-59.50s, was key as buying interest drove price higher to the Avg Daily Range High where a Selling Tail formed, ultimately resulting in sellside price discovery toward the Avg Daily Range Low. Focus into Wed's auction on Key Demand, 58.60s-59s. 

Wednesday's Micro-Blog Excerpt

via The Daily

WTI Crude Daily 11Jun

Thursday's Auction

via The Daily

As noted in Wed's analysis, the focus into Thu's auction on response to Wed's Demand Cluster, 60.70s-60.40s, was key as selling interest drove price toward the Avg Daily Range Low within the  Demand Cluster with the Low unsecured. Focus into Fri's auction on response to the Unsecured Low, 60.20s.

Thursday's Micro-Blog Excerpt

via The Daily

WTI Crude Daily 10Jun

Wednesday's Auction

via The Daily

As noted in Tue's analysis, the focus into Wed's auction on response to Tue's Unsecured High, 60.38s, was key as buying interest drove price higher toward the Daily 1st Std Dev High. Focus into Thu's auction on response to Key Demand Cluster, 60.70s-60.40s.

Wednesday's Micro-Blog Excerpt

via The Daily

WTI Crude Daily 03Jun

Wednesday's Auction

via The Daily

As noted in Tue's analysis, the focus into Wed's auction on response to Tue's Unsecured High, 61.60s, was key as Wed's EIA data was used to retest the Stopping Point High. A Structural Selling Tail developed, implying potential for lower prices as the market traded toward 59.34s, the Daily 1st Std Dev Low. Focus into Thu's auction on response to Key Demand Cluster, 59.40s-59.60s.  

Wednesday's Micro-Blog Excerpt

via The Daily