WTI Crude: Daily TPO & Price. 18Jun





Overnight

As of 730 CST, 
the market auctioned within Mon’s Sell Spike, 97.40s-98.10s, retesting the low during the London session. 

Buy programs entered, driving price higher to the Spike High, extending the range higher, achieving a Stopping Point, 98.30s. 

Focus on the Spike into the Pit session. The Spike holding as support implies higher prices, while failure implies potential inventory adjustment via long liquidation.