WTI 14Feb

Friday's Auction

WTI Daily Auction 14Feb

  • Friday's Auction Saw Early Globex Balance Trade Above Thursday's Key Support, 51.17s, After Sellers Trapped Late In Thursday's Trade. Balance Continued Into The London Auction Before Buy Excess Developed, 51.38s-51.50s, Before Aggressive Price Discovery Higher Developed To 52.30s Into The NY Open.
  • A Minor Probe Higher Developed Early In The NY Auction To 52.34s, Shy Of Friday's ADR High Target. Sell Excess Developed There As Buyers Trapped, Halting The Buyside Sequence, Driving Price Lower To 51.59s. Buy Excess Again Emerged, Halting The Pullback Before Price Discovery Higher Developed To 52s Into The NY Close....