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home / news releases / YGRN - WTI Weekly: Buying Interest Early Week Price Discovery Higher To 56.74s


YGRN - WTI Weekly: Buying Interest Early Week Price Discovery Higher To 56.74s

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action.

As noted in last week’s WTI Weekly, the primary expectation for this week was for price discovery higher, barring failure of 52.39s as support. This expectation did play out as buying interest emerged early week within key demand. Price discovery higher then ensued to 56.74s, ahead of Friday’s close, settling at 56.66s.

20-25 October 2019

This week’s auction saw minor price discovery lower in Monday’s trade, achieving the weekly stopping point low, 52.84s. Buy excess developed

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Stock Information

Company Name: Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Stock Symbol: YGRN
Market: NYSE

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