WTI Crude: Daily TPO & Price. 22Feb




Overnight:

As of 730 CST, 
the market has balanced within
yesterday’s cluster, 92.60s-93.30s
as the market trades around the 
Jan cluster’s POC, 93.10s, here

Stopping point at/near 92.75s now in place. 
Potential for balance from 92.75s-94.70s.
Otherwise, IF 92.75s fail, potential price discovery lower toward major structural support at/near 91.50s.

WTI Crude: Daily TPO & Price. 21Feb




Overnight:

As of 730 CST, 
the market has drifted slightly 
lower from Wed’s lower cluster,
93.90s-94.90s, as contract roll shifts
from Mar to Apr.

Following Wed structural breakdown,
selloff, and stopping point at/near 94s, 
expectation for balance within current 
cluster, 94s-95s, as market awaits new
catalyst for next directional phase. 

EIA pending….