Oil & Gas Daily 07Oct

Thu's Auction Saw Globex Balance Near Daily Key Support Before A Sellside Breakdown Drove Price Lower To 74.96s Near Thu's 2SD Low Target. Buy Excess Formed, Driving Price Aggressively Higher To 77.10s Into The NY Open. Buy Excess Formed Early In NY Trade As The Breakdown Failed. Price Discovery Higher Continued As A Buy Spike, 78.30s-78.58s, Formed Into The NY Close....

Oil & Gas Daily 06Oct

Wed's Auction Saw Globex Sell Excess Form At Daily Key Resistance, Driving Price Lower To 77.77s Into The NY Open. Sell Excess Formed Early In NY Trade, Driving Price Modestly Lower Through The EIA Release (+2.3mil v -400k exp) To 77.12s Near Wed's ADR Low Target. Sellers Trapped There, Developing Balance, 77.12s-77.90s, Into The NY Close....