WTI 13Feb

Thursday's Auction

WTI Daily Auction 13Feb

  • Thursday's Auction Saw A Failed Buyside Breakout To 51.96s Early In Globex As Wed's Key Resistance (And Unsecured High), 51.73s, Was Challenged (And Repaired). Buyers Trapped Amidst Sell Excess There, Driving Price Lower To 50.60s Into The London Auction. Buy Excess Developed There, Halting The Sellside Sequence As Price Discovery Higher Developed To 51.36s Into The NY Open.
  • Price Discovery Higher Continued In The NY Auction To 51.91s, Challenging The Globex High. Sell Excess Developed There, Halting The Buyside Sequence, Driving Price Lower To 51.17s Ahead The NY Close....