WTI 11Feb

Tuesday's Auction

WTI Daily Auction 11Feb

  • Tuesday's Auction Saw Monday's Key Support, 49.42s, Hold Early Upon The Globex Reopen. Price Discovery Higher Developed To 50.30s Ahead Of The London Auction. Minor Retracement Developed To 49.95s Into The London Open Where Buy Excess Developed, Driving Price Higher To 50.62s At Tue's ADR High Target Into The NY Open.
  • A Minor Probe Higher Developed Early In NY Trade To 50.69s Where Selling Interest Emerged, Driving Price Lower From Key Supply As The Breakout Attempt Failed. Price Discovery Lower Developed To 49.79s Ahead The NY Close....