Category: Energy Daily

Fri's Auction Saw Key Resistance Hold In Globex Trade Before Rotation Lower To 59.13s Developed. Buy Excess Formed There As Rotation Higher To 59.76s Developed Into The NY Open. 

A Failed Probe Lower To 59.10s Developed Early In NY Trade Before Rotation Higher Ensued To 59.76s, Testing London Resistance. Buyers Trapped There Amidst Excess As Balance Continued Into The NY Close....

Thu's Auction Saw Balance, 59.82s-59.05s, In Globex Trade Below Key Resistance Into The NY Open. 

A Minor Probe Lower Through Globex Support Developed To 58.82s Early In NY Trade Where Sellers Trapped Amidst Excess. Constricted Price Discovery Higher Ensued To 59.85s Into The NY Close....