Fri's Auction Saw Selling Interest In Globex Trade, Driving Price Aggressively Lower To 51.44s Near Fri's 1SD Low Target Where Sellers Trapped As A Gap Lower Formed Into The NY Open.
Buy Excess Formed Early In NY Trade, Halting The Selloff, Before A Relief Rally Ensued Through The EIA Release (+4.35mil v -1.1mil exp.) To 52.79s, Where Selling Interest Emerged As Balance Developed Into The NY Close....
Wed's Auction Saw Buying Interest Drive Price Higher During Globex Trade Through Key Resistance To 53.93s. A Sell Response Developed, Driving Price Lower To 53.21s, Testing The Breakout Ahead Of The NY Open.
A Minor Relief Rally Developed To 53.62s Early In NY Trade Before Selling Interest Emerged Amidst Excess, Driving Price Lower Through The EIA Release (-3.2mil v -2.2mil exp) To 52.68s. Sellers Trapped Amidst Excess, Halting The Selloff As Balance Developed Into The NY Close....