WTI 19May

Tuesday's Auction

WTI Daily Auction 19May

  • Tuesday's Auction Saw Rotation Higher In The Asia Auction To 32.91s Near Key Resistance. Selling Interest Emerged There, Driving Price Lower To 31.13s, Testing Key Support. Buy Excess Formed There, Halting The Pullback Into The London Auction. Balance Developed, 32.36s-31.37s, Through The London Trade Into The NY Open. 
  • A Failed Probe Higher Developed To 32.50s Early In The NY Auction As A Sell Excess Formed. Rotation Lower Ensued To 31.21s Where Buying Interest Halted The Pullback As Balance Continued Into The NY Close.