Commodities

Oil – Daily Analysis

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Daily Oil Public

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What came first—the chicken or the egg? The candles or the war? This Brent chart was outlined two weeks before Hormuz started becoming an issue. Whatever the answer, the technical roadmap was already on the table—and oil continues to push higher. In today’s Oil Daily Analysis, we dig deeper into the short-term prospects, examining the latest candlestick signals, momentum structure, Elliott Wave paths, and key support and resistance levels. We also define the technical conditions that would favor either continued upside or a reversal. The key question now is whether oil is preparing for another leg higher—or approaching a more meaningful turning point after an already powerful advance. CANDLES & TA: Today, oil overcame its short-term neutrality and closed both the daily and 2D frames with bullish continuation candles. The 8D frame also produced a very impressive bullish candle, reinforcing the broader momentum. In the next 1–2 days, a 50/100…

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Daily Oil Public

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Commodities

Oil – Daily Analysis

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US Indices

SP500 – Daily Analysis

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