WTI Crude Daily 20Feb

Thursday’s Auction
As noted in Thu’s analysis, focus on response to Thu’s Selling Tail, 52.70s-52.05s, was key in Fri’s auction as selling interest drove price lower, achieving the Stopping Point Low, 50.71s. Responsive buy programs entered, developing Balance through the rest of the NY session. Focus on response to developing Balance, 52s-51s, into Mon’s auction.  
Friday’s Auction