Crude Oil - When Elvis Leaves The Building ($68)Geopolitics suggests a temporary halt to the war in Iran.
Is it true?
We can't count on this "news".
Let's rely on our pitchforks/median lines:
Price is nagging at the orange L-MLH multiple times now.
The last tiny support is the red dotted line - the Sliding-Parallel.
This is the door to lower p
Crude Oil Futures
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Crude: One More Push To 104-110, Then Lower?Crude oil had a pretty sharp drop yesterday after Trump said the US was in talks with Iran, but it is still not really clear whether this is confirmed or just something that temporarily pressured the market.
Looking at the price action, we still think that a higher degree correction will continue,
Crude Oil Enters Key Reversal ZoneCrude oil has rallied sharply from the March 10th low near 75, unfolding in what appears to be at least a three-wave recovery, as outlined in our previous analysis. With the latest price action, the market has now pushed back above the 100 level and is testing the prior wave “a” high, signaling entr
Crude Oil Pushing HigherThe crude oil market has undergone a dramatic transformation over the last 30 days, transitioning from a range-bound environment in early February to a high-volatility "crisis" regime by late March 2026. Following a period where Crude hovered near the $65 level, prices staged one of the most signifi
Oil at Key Support – Bounce Toward 100 or Breakdown ?Price remains in a well-structured ascending Pitchfork, with a clean bullish sequence of higher highs and higher lows.
Following the recent impulsive leg, price is now pulling back into the lower boundary, which is acting as dynamic support.
What stands out:
Clear reaction at Pitchfork support
Bu
The Dollar's Suez MomentHi and happy start of the new trading week – which will probably be quite eventful!
Most traders watching oil and yields right now are asking the right question — what does this mean for my positions? Fewer are asking the deeper one: what does this mean for the dollar itself?
The Iran conflict isn
Crude — What Happens If Hormuz Stays ClosedSunday's analysis made the bearish case for crude at $98.23 — record speculative crowding, producer hedging at $100+, and structural oversupply once Hormuz normalises. The confluence was strong across four of five disciplines. But the word "normalises" is doing heavy lifting in that thesis — so here
Elliott Wave Outlook: Oil (CL) Zigzag Rally Targets $110 AreaAfter surging to $119.7 on March 9, crude oil experienced a sharp decline, reaching $76.73 by March 11. This retreat unfolded in the form of a five-wave impulsive Elliott Wave structure, marking a decisive corrective phase. From the March 9 peak, wave (1) concluded at $96.25, followed by a rebound i
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Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
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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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Crude Oil Futures this number is 16.35 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Crude Oil Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Crude Oil Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Crude Oil Futures technicals for a more comprehensive analysis.









