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Oil – Daily Analysis

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Oil has extended its decline for a second consecutive session following a major political development, raising an important technical question: is the market beginning a new bearish phase, or simply working through a temporary correction within the broader structure? In today’s Oil Daily Analysis, we assess the latest candle patterns, momentum shifts, Elliott Wave structure, and key support levels to determine whether the recent gap lower has altered the larger roadmap—or created another tactical setup before the next decisive move. CANDLES: Oil extended its decline and formed bearish signals on both the daily and 2D frames. The candles were supported by the broader technical structure, increasing the odds of further downside. However, the daily price stopped at the 200 DMA, which could trigger an upward reaction. Several hourly frames have also become oversold, supporting the case for at least a short-term bounce. Yesterday, we discussed the potential path following the…

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Today, oil extended the rally to roughly 25% since our August 6 call for those who went long with us. A strong move—but now comes the more difficult question: is it time to take some profit, or does the rally still have room to run? Let’s talk probabilities, not headlines. In today’s Oil Daily Analysis, […]... This article from investing angle has more content. Please login to view the full content. This article from investing angle has more content. Please login to view the full content. 🚀 Unlock the Full Analysis Comprehensive analysis, Japanese Candlesticks, Elliott Waves, Technical Analysis, Discord community and more. Already a member? Log In What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Energy USD $24.99/month. Cancel anytime. Natural Gas - Daily & Weekly Oil - Daily & Weekly Uranium - event-based What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Subscribe Loading... Price includes all taxes and fees. Secure checkout processed by Stripe. What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Premium USD $68.00 first month then $79.99/month. Cancel anytime. All individual packages except Live Trade Strategy: Bond Market & TLT, Dollar & Carry Trade, Volatility Index US Market: S&P500, Nasdaq, Dow Jones, Russell Commodities: Oil, Natural Gas, Silver, Gold, Uranium, Wheat, Corn S&P500 Sectors; Magnificent Seven Global Inflation Tracker Oil Studies, and more. What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Subscribe Loading... Price includes all taxes and fees. Secure checkout processed by Stripe. This article from investing angle has more content. Please login to view the full content. This article from investing angle has more content. Please login to view the full content.
Are the candlemaps ugly enough after today’s move—or is the market preparing to make them even worse? And, more importantly, have you been listening to our recent warnings? The key question now is whether the current SPX weakness remains a contained correction—or whether the index is preparing to accelerate into a much deeper decline that […]... This article from investing angle has more content. Please login to view the full content. This article from investing angle has more content. Please login to view the full content. 🚀 Unlock the Full Analysis Comprehensive analysis, Japanese Candlesticks, Elliott Waves, Technical Analysis, Discord community and more. Already a member? Log In What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... US Indices USD $9.99 first month then $19.99/month. Cancel anytime. S&P 500 - Daily & Weekly Nasdaq - Weekly DJIA - Weekly Russell - Weekly What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Subscribe Loading... Price includes all taxes and fees. Secure checkout processed by Stripe. What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Premium USD $68.00 first month then $79.99/month. Cancel anytime. All individual packages except Live Trade Strategy: Bond Market & TLT, Dollar & Carry Trade, Volatility Index US Market: S&P500, Nasdaq, Dow Jones, Russell Commodities: Oil, Natural Gas, Silver, Gold, Uranium, Wheat, Corn S&P500 Sectors; Magnificent Seven Global Inflation Tracker Oil Studies, and more. What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Subscribe Loading... Price includes all taxes and fees. Secure checkout processed by Stripe. This article from investing angle has more content. Please login to view the full content. This article from investing angle has more content. Please login to view the full content.
Today, oil finally reached our target, delivering roughly a 20% gain since our major August 6 call. A solid move—but after a rally of this magnitude, the more important question is what comes next. And perhaps even more interesting: what do the candles now “think” about the prospects for “lower gas prices”? In today’s Oil […]... This article from investing angle has more content. Please login to view the full content. This article from investing angle has more content. Please login to view the full content. 🚀 Unlock the Full Analysis Comprehensive analysis, Japanese Candlesticks, Elliott Waves, Technical Analysis, Discord community and more. Already a member? Log In What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Energy USD $24.99/month. Cancel anytime. Natural Gas - Daily & Weekly Oil - Daily & Weekly Uranium - event-based What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Subscribe Loading... Price includes all taxes and fees. Secure checkout processed by Stripe. What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Premium USD $68.00 first month then $79.99/month. Cancel anytime. All individual packages except Live Trade Strategy: Bond Market & TLT, Dollar & Carry Trade, Volatility Index US Market: S&P500, Nasdaq, Dow Jones, Russell Commodities: Oil, Natural Gas, Silver, Gold, Uranium, Wheat, Corn S&P500 Sectors; Magnificent Seven Global Inflation Tracker Oil Studies, and more. What’s your email? Password Confirm Password Subscribe and Join Investing Angles Loading... Subscribe Loading... Price includes all taxes and fees. Secure checkout processed by Stripe. This article from investing angle has more content. Please login to view the full content. This article from investing angle has more content. Please login to view the full content.