WTI 09Jan

Thursday's Auction

WTI Daily Auction 09Jan

  • Thursday's Auction Saw Narrow Balance Above Wed's Key Support (Unsecured Low) Before Ahead Of The NY Open.
  • A Sellside Breakdown Developed Early In NY Trade, Driving Price Lower To 58.66s Near Thu's ADR Low Target (Through The AWR Low And Near The Wkly 1SD Low Targets) As Wed's Unsecured Low Was Repaired. Buying Interest Emerged There, Halting The Sellside Sequence, Driving Price Modestly Higher To 59.85s Ahead Of The NY Close....