Tag: EIA

Wed's Auction Saw Globex Price Discovery Higher To 111.68s As A Breakout Attempt At Daily Key Resistance Developed. Buyers Trapped There Amidst Excess Into The NY Open. The Breakout Failed Early In NY Trade Before Price Discovery Lower Developed Through The EIA Release To 109.24s. Sellers Trapped There As Rotation Higher Developed Toward 110.80s Into The NY Close....

Wed's Auction Saw Minor Globex Price Balance Below The Daily Key Support Level As The Jun-Jul Contract Liquidity Roll Completed Into The NY Open. Buyers Trapped Amidst Excess Early In NY Trade Near Daily Key Support, Driving Price Lower To 106.37s Near Wed's 2SD Low Target Into The NY Close....