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MCO Global Markets

MCO Global Markets

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WTI Oil Technical Analysis Today - Elliott Wave and Price News, Oil Price Prediction!

Video Overview & Insights

This video provides a professional Elliott Wave and technical analysis of the oil WTI market, focusing on the current price structure, support and resistance zones, and possible mid- to long-term scenarios. The goal is to help viewers understand where oil stands in the larger market context — from short-term setups to long-term structural insights.

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Mate, how about 2020 low to 2022 june - wave 1, then wave 2 till 2025 dec and then wave 3 and we are at wave 3 of 3. will wait for your update. Thanks.

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Bro still out here drawing magic lines in the middle of world war 3 😂

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War on Iran is shorter than "geopolitical developments" 😂

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Ben is a very busy man! Thank you for all the wonderful updates. So many!! If you highlight USO maybe for just a second overlay with UCO, could be interesting. I'm poor so I bought UCO shares at 1/3 the price of USO. Maybe after I sell I can afford to be a USO kinda guy

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Quick question. First love your analysis. My question is on the 2022 High that you have labled as A. The specific question is how can that be an A when the bottom of the wave that preceeded it was actually negative. It went below zero. Would that not be the lowest it could possibly and be THEE bottom? So so that the 2022 High would be a 5 impulse and not an A? Thanks !!

— @generalposter4792

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Weizen wäre mal interessant

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Thanks.
I feel now good to buy wti

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I think we get up again tonight bc oil storage got bombed and Quait stopped production

— @traderontheroad-k7e

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I have a very strong feeling that oil and gas will do a silver parabolic move
Iranian minister blocking any oil leave that part and he said 200plus dollar prices very soon

Gold and silver had their massive run and now oil and gas will follow
Shorting this market now very dangerous until USA army destroys Iran army who block the ships leave that part
Money making time now for gas and oil traders for sure
Iran is ready for month of long war
I saw a documentary when was the last war Iraq and Iran aerial price did a more than double and economy got ruined
This little price hike is just a beginning

— @traderontheroad-k7e

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don't u think it's an higher degree 3rd wave and we can reach 200-300

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WTI: $140~ but it should stall where silver did (122).

— @charleschapman3994

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⚠️ Disclaimer

Hey Ben, as always thank you for detail analysis, but I have question, isn't the Brent oil should go higher than light crude oil? While Brent oil is from east mostly?

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