Pay Attention to thisLonger term oil futures are breaking out and continuing higher.
Everyone is focused on cash contracts for today, which haven't made new highs, yet oil futures for next summer and end of 2027 are pushing higher and higher.
July: you can see a rising wedge starting the rally
September: we sat on top
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Contract highlights
Oil has given back two thirds of its rally. 91 turns itCrude ran from 79.6 to 106.8 in three weeks, then gave back about two thirds. The daily trend is still up (10 of 11 of our trend measures); the 4H trend is down, with lower highs at 96.8 and 93.7.
The zone: 86.86 to 88.06, a floor tested on 2, 6 and 7 Oct.
Plan
Trigger: a 4H close above 91.00, thr
**DAILY ANALYSIS – CRUDE OIL | 15.10.2026****DAILY ANALYSIS – CRUDE OIL | 15.10.2026**
Crude Oil remains **bullish on the D1 timeframe** and is currently in a retracement.
Below the current price, we have an **open M15 FVG** together with an **Order Block**. On M5, this area becomes even more interesting: the market formed a **low → high →
Episode 11 — Beyond the Five-Wave Pattern🎬 The Chronicles of Mr. Nobody
Season 1 — The History of the Elliott Wave Principle
Episode 11 — Beyond the Five-Wave Pattern
⏱️Reading time: Approximately 3 minutes*
In the previous episode, we explored how a wave can expand internally, revealing a structure far more complex than it might appear
Oil: Middle East Attacks, US Inventory Draws Push Prices Higher!Thursday, Oct 15, 2026.
This video is the Mid-Week Update to the US Crude Oil Weekly Forecast posted Sunday, Oct 4th.
Oil prices are climbing due to escalating Middle East conflicts, shipping disruptions in the Strait of Hormuz, and a larger-than-expected drop in U.S. crude inventories.
Enjoy!
Ma
Crude Oil Futures (MCX) | Intraday Structure | October 13, 2026Crude Oil Futures (MCX) | Intraday Structure | October 13, 2026
MCX:CRUDEOIL1!
Crude Oil is trading around 8,980, sitting directly on the 8,980 Zero Line. The contract has completed a strong vertical expansion rally off its lower demand base near 8,617, pushing directly into overhead supply re
CL - Consolidating Above '22 HighCL is consolidating above the 2022 high, which is now looking like a support level. It has broken through its downward channel and held the recent upward trend well.
It looks like it could be coiling for another leg up into a trading range from 2009 - 2014:
I'm looking for next week's bar to cl
Crude Oil BullishCrude Oil is consolidating near the 8985 resistance zone after a strong bullish move. A healthy retracement towards the 8880 support area could attract fresh buyers. If support holds, the next upside targets could be 9020+ levels.
🎯 Key Levels: • Resistance: 8985 • Support: 8880 • Bullish above sup
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The nearest expiration date for Crude Oil Futures is Feb 18, 2022.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Crude Oil Futures before Feb 18, 2022.









