WTI Crude: Daily TPO & Price. 18Sep





Overnight:

As of 730 CST, 
the market auctioned higher from Tue Settlement, 105.42s, achieving the Stopping Point, 106.60s, at/near the Daily 1st Std Dev High into the London session. Sell programs entered there, driving price lower, retracing the rally. 

Contract roll is currently underway from Oct-Nov.  Focus on response to either edge of current Balance, 105s-106.60s, into Pit session. EIA pending followed by FOMC at 1pm CST….

WTI Crude: Daily TPO & Price. 17Sep



Overnight:

As of 730 CST,
the market has auctioned lower from Mon Settlement,  106.59s, and Mon’s Sell Spike, 107.10s-106s, following the Pit close. The market achieved the Stopping Point, 105.60s, at/near Key Structural Support, balancing from 106.15s-105.80s. 

The market probed the Balance High toward Settlement, encountering the sell response there. 

Focus on response to either edge of current Balance, 105.70s-106.40s, into the Pit session open. 

FOMC begins today….