WTI 19Feb

Wednesday's Auction

WTI Daily Auction 19Feb

  • Wednesday's Auction Saw Tue's Buy Spike Hold As Support Early During Globex As Key Resistance, 52.37s, Failed. Price Discovery Higher Developed To 53.25s Near Wed's ADR High Target As A Gap Higher Open Developed Into The NY Open. 
  • Buyers Trapped, 53.25s-53.10s, Early In NY Trade As A Pullback Developed To 52.72s Near Key Overnight Buying Interest. Buy Excess Developed There As Sellers Trapped, Confirming The Gap, Before Price Discovery Higher Resumed To 53.70s At Wed's 1SD High Target, Where An Unsecured High Developed Into The NY Close....