WTI 25Feb

Tuesday's Auction

WTI Daily Auction 25Feb

  • Tuesday's Auction Saw A Minor Probe Higher To 52.02s, Testing Mon's Key Resistance. Sell Excess Developed There, Halting The Buyside Sequence Into The London Auction. Price Discovery Lower Developed To 51.07s As A b-Shape London Structure Developed Into The NY Open.
  • Sell Excess Developed Early In NY At Key Resistance Before Price Discovery Lower Developed Through London Support To 50.36s At Tue's ADR Low Target. Sellers Trapped There, Developing Balance Through Mid-Auction. Selling Interest Emerged Late In The NY Auction To 49.84s Near Tue's 2SD Low Target As A Sell Spike, 50.50s- 49.84s, Into The NY Close...