WTI 03Feb

Monday's Auction

WTI Daily Auction 03Feb

  • Monday's Auction Saw A Sellside Breakdown Early In The Globex Auction To 50.42s Near Mon's ADR Low Target. Buy Excess Developed There, Driving Price Higher To 51.97s Near Key Resistance, 51.75s, Into The London Auction. Sell Excess Developed There, Driving Price Lower To 51.22s Into The NY Open.
  • Buyers Trap Early In The NY Auction Before Price Discovery Lower Developed To 49.92s Near Mon's 1SD Low Target Into The NY Close....