WTI 27Mar

Friday's Auction

WTI Daily Auction 27Mar

  • Friday's Auction Saw Minor Globex Price Discovery Higher From Key Support, 22.38s, To 23.44s During The Asia Auction. Sell Excess Developed There, Halting The Buyside Auction As Balance Developed, 23.44s-22.76s, As A Buy Excess Developed Into The London Auction. Asia's Buy Excess Failed During London Trade, Driving Price Lower To 22.33s Into The NY Open. 
  • A Sellside Breakdown Through Key Support Developed Early In NY Trade, Driving Price Lower To 20.88s. Sellers Trapped There As Buy Excess Developed, Halting The Sellside Sequence, Driving Price Higher To 21.63s  Into The NY Close....

WTI 26Mar

Thursday's Auction

WTI Daily Auction 26Mar

  • Thursday's Auction Saw Buyers Trap Amidst Selling Interest Near Wed's Key Resistance, 24.90s, Driving Price Lower To 23.88s Into The London Auction. Selling Interest Emerged There, Driving Price Lower To 23.41s Before Buying Interest Emerged, Developing Balance, 23.41s-24.09s, Into The NY Open. 
  • A Minor Probe Lower Developed To 23.22s Early In NY Trade. Buying Interest Emerged, Developing Balance, 23.22s-23.99s, Before Selling Interest Resumed, Driving Price Lower To 22.38s Into The NY Close....