Here is a 60min bump and run in the lead-in phase. Price prints at a discount verse the 200sma with the attempt at premium was shut down on Monday. Overhead supply is concerning from the 46.70-48.30 level that may unlock if the auction is not properly advertised.

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WTI’s lack of response to Forex flows is concerning for WTI bulls.

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Most important line in the sand for WTI 44.77 monthly Fib-Pivot.