Oil Is No Longer Trading Only on Supply and Demand

oil setup read the reaction

Watch how oil reacts after the news, not just the news itself

Oil is behaving more like a headline market than a normal commodity market right now. Brent crude and WTI crude are moving between two completely different narratives. One side of the market believes peace talks could reduce geopolitical tension and lower supply risk. The other side believes the Middle East situation is still unstable enough to keep a war premium inside oil prices. That is why oil sold off first on peace optimism, then quickly bounced after fresh U.S. strikes in southern Iran reminded traders that geopolitical risk has not disappeared.Continue reading

UPDATE: Mentha Oil Outlook & Tips

MCX Mentha Oil Tips

What I said about Mentha Oil? Just one day back…

Yesterday I said intraday trader for last stand is 897 and MethnaOil touched exact my level 897.
Ok traders did you see it or miss it?
Yesterday it kissed our targets, so now just relax and enjoy the money…
You need to enter with exact level.
I said for Long term trader – first level 900. It kissed.
Now, observe it sharply up movement.

Now, what to expect from this level? What to do?

Update more detail to our Subscribers only

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