The market has balanced between 96.90s-96.50s following yesterday’s rally phase, overnight inventory neutral.
These levels will be of focus for next directional phase.
As of 730 CST,
the market has auctioned higher from Mon Settlement, 94.81s, back toward Mon’s Stopping Point/Key Resistance, 95.60s, overnight inventory long.
95.65s & 94s will be of focus today in context of yesterday’s upside breakout attempt.