WTI 12Dec

Thursday's Auction

WTI Daily Auction 12Dec

  • Thursday's Auction Saw Globex Balance Near Key Resistance Through The London Auction.
  • Buy Excess Developed Early In The NY Auction, Driving Price Higher Through Key Resistance To 59.72s Near Thu's ADR High Target Where Buyers Trapped, Developing Balance, 59.72s-59.14s, Into The NY Close....

WTI 11Dec

Wednesday's Auction

WTI Daily Auction 11Dec

  • Wednesday's Auction Saw Globex Price Discovery Lower From Key Resistance To 58.81s Into The London Auction As Balance Developed, 58.81s-59.10s, Into The NY Open.
  • Narrow Balance Continued Into Early NY Before A False Breakout Above London Developed Into The EIA Release (+820k v -2.7mil exp), Before A Sellside Breakdown Attempt Developed To 58.11s. Sellers Trapped There Amidst Buy Excess Before Price Discovery Higher Developed To 58.98s Into The NY Close....