Skip to content
GET STARTED
Loading...
✨ Become a Member and get full access!
Commodities

Oil – Daily Analysis

•
Daily Oil Open Articles Public
1291

Oil moved as expected. Now we’ll read today’s prints—candles, cross-frame momentum, and Elliott Wave structure—to mark the levels that matter, the traps on each side, and the highest-probability paths for the next leg. Miss the next setup and you’ll be late to the move.

CANDLES

Oil accelerated today. Following yesterday’s strong Bearish Engulfings on the daily and 2D, the 3D printed a powerful Inside Down. With this momentum, the odds of a bearish weekly close tomorrow are high. The base case remains bearish until a reversal prints—and is confirmed—at least on the weekly frame.

ELLIOTT WAVES

All previously discussed targets remain intact.

Summary:

Oil remains bearish until signaled otherwise.

Happy Trading!

===

Daily Oil Open Articles Public
1291
Read Next
Commodities
Silver – Weekly Analysis
Silver continues to hover near half of its January value — a level that now carries both technical and psychological weight. Is the metal finally ready to recover, or does it still have unfinished bearish business before a larger bottom can be confirmed? In this weekly report, we examine Silver through its underlying technical forces, […]
Commodities
Gold Weekly Analysis
After dropping almost 30% from the all-time high in a move forecast back in December, Gold now has fair chances to build a bottom. The key question is whether bulls have enough technical strength to support the move. In this weekly analysis, we zoom out across key timeframes, review the critical levels and targets, and […]
Financial Sector – Weekly Analysis
The Financial sector is up about 7.5% since our May call, but this week delivered a much more important technical message from this department. Financials remain one of the key pillars of the market, and their next move could carry broader implications for the major indices. When this sector starts sending stronger signals, the message […]