WTI Crude: Daily TPO & Price. 28Nov

Yesterday’s Settlement, 86.44s, holds as support.
Balance during Asia session, 86.50s-87s.
Buy programs enter in London session auctioning the market
from 86.50s to 88s (weekly high).

Market structure suggests yesterday’s sellside
auction was a shakeout of weak longs (liquidation break)
as discussed.


Average Daily Range High expectation achieved 
during Globex session rally phase (here)