Oil – Daily Analysis

Oil fell again today as markets reacted to optimistic promises and renewed hopes for an end to the war. But price action often tells a different story than headlines, tweets, and reassuring press conferences. In today’s report, we focus on the signals themselves: the evolving structure across multiple timeframes, the key technical and momentum shifts, and the critical levels likely to define oil’s next major move. The central question is whether oil is simply stabilizing after recent volatility, or preparing for another decisive leg within the larger trend. CANDLES WTI and Brent fell further today, flipping the daily and 2D frames bearish. However, the broader trends have not followed yet, and the 3D–8D frames, which at best have shifted to neutral, still need to confirm bearish intent. The larger frames remain bullish until negated. Friday’s weekly close will be the next crucial test for oil, and I am not convinced…