WTI Crude Daily 13May

Tuesday’s Auction
As noted in Tue’s analysis, the focus into Wed’s auction on response to Tue’s Selling Tail, 61.15s-60.95s, was key as selling interest emerged both in the Globex & NY auctions near Key Structural Resistance, driving price lower, closing at/near the unsecured low. Focus into Thu’s auction on response to Wed’s Sell Spike, 61.25s-60.50s.
Wednesday’s Micro-Blog Excerpt

Wednesday’s Auction

WTI Crude Daily 12May

Monday’s Auction
As noted in Mon’s analysis, the focus into Tue’s auction on response to 58.75s-59.25s, was key as buying interest emerged there during the London auction, driving price higher, ultimately encountering further buying interest at 59.80s, driving price toward the Avg Daily Range High. Focus into Wed’s auction on response to Tue’s Selling Tail, 61.15s-60.95s.

Tuesday’s Micro-Blog Excerpt

Tuesday’s Auction