WTI Crude: Daily TPO & Price. 13Nov

 

Overnight:

As of 730 CST, 
the market has auctioned above Tue Settlement, 93.13s, following Tue’s +2Std Dev directional phase, as the market seeks a Balance phase, 92.85s-93.50s.

Focus on response at potential Balance High area, 93.50s, into Pit session.  

 Our daily statistical study plotting key reference levels/price for 11Nov & projected levels/inferential analysis for 12Nov.
Result?…
Following further development around the Key Structural POC, 94.50s, sell programs entered, driving price lower as long liquidation resulted in achieving the Stopping Point, 92.83s, at/near the Daily 2nd Std Dev Low, as inferred by the statistical levels & inferential analysis.
Knowledge of the Structural Significance of the 94.50s (the Weekly POC) and the implications of either buyside or sellside failure at that level informed our subscribers of potential destinations in congruence with the market structure. In this case, short positions toward Statistical Support Expectations (93.83s,93.38s,92.93s) offered asymmetrical opportunity upon failure of 94.50s to hold as support. 
Holistic analysis based on the market generated data and probability logic. 
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WTI Crude: Daily TPO & Price. 07Nov






Overnight:

As of 630 CST, 
the market has balanced, 94.50s-95.20s, around Wed Settlement, 94.80s, within the Wed’s Upper Cluster. 

Focus on response within near term Balance, 94.50s-95.40s, into the ECB announcement & Pit session. 









Our daily statistical study plotting key reference levels/price for 05Nov & projected levels/inferential analysis for 06Nov.

Result?…

Following the development of the Structural Stopping Point, 93s, buy programs drove the market higher, adjusting the short inventory higher, achieving the Stopping Point, 95.40s, at/near the Daily 1st Std Dev High. 


Knowledge of the phase of market development, the Tue Stopping Point Low, at/near 93s, along with the structural & statistical levels informed our subscribers of potential destinations in the likely event of a Balance phase development following the Stopping Point Low. In this case, long positions toward the Avg Daily Range High, 94.73s, and Daily 1st Std Dev High, 95.21s, offered asymmetric opportunity, in congruence with the market structure.

                         Holistic analysis based on the market generated data and probability logic. 

                                                    Interested in what to look for tomorrow?
                                            Please visit our a subscription page for a free trial.