WTI 04Feb

Tuesday's Auction

WTI Daily Auction 04Feb

  • Tuesday's Auction Saw Minor Price Discovery Lower Through Key Resistance Early In The Globex Auction To 49.66s Where Buy Excess Formed, Halting The Sellside Sequence. Price Discovery Higher Developed As Key Resistance Failed, Driving Price Higher To 51.55s Beyond Tue's ADR High Target Into The NY Open.
  • Sell Excess Developed Off The NY Open, Driving Price Lower To 50.17s. Sellers Trapped There, Developing Balance, 50.17s-50.86s, Before Sellside Continuation Resumed To 49.57s Into The NY Close....