Oil & Gas Daily 06Jul

Following Fri's Balance And Mon's Globex Holiday Breakout, Tue's Auction Saw Buyers Trap In Globex Trade At Tue's 1SD High Target, Driving Price Aggressively Lower To 75.36s As Mon's Breakout Failed Into The NY Open. Selling Interest Emerged Amidst Excess Early In NY Trade, As The Selloff Continued To 72.94s Near Tue's 2SD Low Target. Sellers Trapped There Amidst Buy Excess As A Minor Relief Rally Developed To 73.57s Into The NY Close.... 

Oil & Gas Daily 23Mar

Tue's Auction Saw Mon's Key Support Fail Early In Globex Trade Before Aggressive Price Discovery Lower Developed Through London Trade To 58.47s Near Tue's 2SD Low Target. Buy Excess Formed There, Temporarily Halting The Selloff As A Gap Lower Formed Into The NY Open. 

A Relief Early Developed In NY Trade To 59.98s, Testing The $60 Option Wall (Prior Support). Buyers Trapped There Amidst Excess, Confirming The Gap, Before Rotation Lower Resumed To 58.51s, Testing Globex Support. Large Selling Interest Emerged, 58.90s, Before Aggressive Price Discovery Lower Continued To 57.32s Near The AWR Low Target Into The NY Close....