Oil & Gas Daily 17Jun

Following Wed's Failure At New Highs, Thu's Auction Saw Price Discovery Lower Early In Globex To 71.33s. Sellers Trapped There As Balance Developed And Key Resistance Was Tested Into The NY Open. Sell Excess Formed Before Selling Interest Emerged Early In NY Trade Near Key Resistance, Driving Price Aggressively Lower To 69.77s Where Sellers Trapped Amidst Buy Excess. Rotation Higher Ensued To 71.24s Into The NY Close....