WTI 13Apr

Thursday’s Auction

As noted in Wed’s analysis, the focus into Thu’s auction on response to Wed’s Unsecured Low, 52.98s, was key as minor selling interest drove price lower to 52.89s where responsive buying interest emerged, driving price higher, closing at 53.18s.

Focus into Mon’s auction on response to Thu’s High, 53.39s, within the context of a potential Lower High following a 5 Wave Buyside auction.