WTI 10Jun

Wednesday's Auction

WTI Daily Auction 10Jun

  • Wednesday's Auction Saw Globex Rotation Lower From Tue's Key Resistance Into The London Auction. The Pullback Continued 37.73s In London Trade, Testing Tue's Buy Spike Low. Minor Buy Excess Formed There, Halting The Pullback Into The NY Open. 
  • Minor Buy Excess Developed Early In NY Trade As Buying Interest Emerged Through The EIA Release (+5.7 mil v -1.7mil exp). Price Discovery Higher Developed Back To Key Resistance Before A Buy Spike Formed, 39s-39.91s, Into The NY Close....

WTI 03Jun

Wednesday's Auction

WTI Daily Auction 03Jun

  • Wednesday's Auction Saw Tue's Buy Spike Hold As Support As Key Resistance Failed In Asia Trade, Driving Price Higher To 38.18s Into The London Open. Sell Excess Formed There, Halting The Rally, Driving Price Aggressively Lower To 35.88s Ahead Of The NY Open. 
  • Buying Interest Emerged There Amidst Buy Excess, Halting The Selloff. Rotation Higher Developed Early In NY Trade To 37.28s Through The EIA Release (-2.07mil v +3.03mil exp) Before Rotation Lower Developed To 36.10s, Testing Globex Support. Buying Interest Emerged There As Rotation Higher Developed To 37.37s Into The NY Close....