WTI 05Jun

Friday's Auction

WTI Daily Auction 05Jun

  • Friday's Auction Saw Narrow Balance Early In Globex Below Key Resistance Into The London Auction. Buy Excess Formed Early In London Trade As Buyside Breakout Through Key Resistance Drove Price Higher To 39.57s Near Fri's 1SD High Target As A Gap Higher Formed Into The NY Open. 
  • Sell Excess Formed Early In NY Trade Briefly Halting The Rally Before Sellers Trapped, 39s, As The Rally Resumed To 39.68s. Buyers Trapped There Amidst Sell Excess, Halting The Rally Into The NY Close....