Oil & Gas Daily 21Oct

Wed's Auction Saw A Minor Probe Lower To 41.09s In Asia Trade As Tue's Key Resistance Held. Balance Then Developed Into The London Auction Where Price Discovery Lower Continued To 40.85s Into The NY Open. 

Buyers Trapped Amidst Selling Interest Early In NY Trade, Driving Price Lower Through The EIA Release (-1.0mil v -1.02mil exp) To 39.78s Near Tue's 2SD Low Target. Sellers Trapped There Amidst Buying Interest, Halting The Selloff Before Balance Developed, 39.78s-40.13s, Into The NY Close....

Oil & Gas Daily 20Oct

Tue's Auction Saw Balance Around Mon's Settlement Through Asia Trade Into The London Open. A Probe Higher To 41.33s, Testing Key Resistance Developed Where Sell Excess Formed As Rotation Lower TO 40.80s Developed Into The NY Open. 

A Failed Breakdown To 40.46s Developed Early In NY Trade, Sellers Trapped As Buy Excess Formed, Halting The Selloff. Price Discovery Higher Ensued To 41.47s, Once Again Testing Key Resistance. A Buy Spike Then Developed, 41.40s-41.90s, Into The NY Close....