WTI 19Feb

Wednesday's Auction

WTI Daily Auction 19Feb

  • Wednesday's Auction Saw Tue's Buy Spike Hold As Support Early During Globex As Key Resistance, 52.37s, Failed. Price Discovery Higher Developed To 53.25s Near Wed's ADR High Target As A Gap Higher Open Developed Into The NY Open. 
  • Buyers Trapped, 53.25s-53.10s, Early In NY Trade As A Pullback Developed To 52.72s Near Key Overnight Buying Interest. Buy Excess Developed There As Sellers Trapped, Confirming The Gap, Before Price Discovery Higher Resumed To 53.70s At Wed's 1SD High Target, Where An Unsecured High Developed Into The NY Close....

WTI 18Feb

Tuesday's Auction

WTI Daily Auction 18Feb

  • Tuesday's Auction Saw Fri-Mon's Key Resistance, 52.34s, Hold As Monday's Buy Spike Failed As Support. Price Discovery Lower Developed Through The London Auction To 51.15s Near Tue's ADR Low Target As A Gap Lower Open Developed. 
  • Buy Excess Developed, 51.17s-51.40s, Into The NY Open, Halting The Sellside Sequence. Price Discovery Higher Developed To 52.15s At/Near Fri's Settlement. Sell Excess Developed There As Buyers Trapped, Driving Price Lower To 51.45s. Buy Excess Formed There, Driving Price Higher To 52.10s. Buying Interest Emerged, Forming A Buy Spike, 52.10s-52.37s, Into The NY Close....