Oil & Gas Daily 26Oct

Mon's Auction Saw Fri's Key Support Fail In Asia Trade, Driving Price Lower To 38.83s Near Mon's ADR Low Target. Buying Interest Emerged There, Developing Balance, 38.83s-39.36s, Into The London Auction. Price Discovery Lower Continued In London Trade To 38.42s Near Mon's 1SD Low Target. Buy Excess Formed There, Driving Price Higher In Retracement To 39.16s Where Buyers Trapped Ahead Of The NY Open. 

The Selloff Continued Early In NY Trade, Driving Price Lower To 38.28s At/Near Mon's 1SD Low Target. Sellers Trapped As Buying Interest Emerged Amidst Excess, Halting The Selloff. Balance Developed, 38.28s-38.68s, Into The NY Close....