Oil & Gas Daily 05Apr

Mon's Auction Saw Buyers Trap Early In Globex Trade Near Key Resistance. Price Discovery Lower Developed To 59.58s Near Mon's ADR Low Target As Thu's Buy Spike Failed. Sellers Trapped Amidst Excess, Halting The Selloff As A Relief Rally Developed TO 60.60s Into The NY Open. 

Sell Excess Emerged Early In NY Trade, Driving Price Lower To Test Globex Support. Buyers Trapped There Amidst Selling Interest, Driving Price Lower To 57.63s Beyond Mon's 2SD Low Target. Sellers Trapped There Amidst Buying Interest, Halting The Selloff Before A Relief Rally Ensued To 58.80s Into The NY Close....