Light Crude Oil Futures
Short
Updated

Oil Market Sentiment Shifts After Trump’s Urgent Warning, but...

718
On June 23, 2025, at 9:35 AM, President Donald J. Trump issued a stark warning via social media:

"EVERYONE, KEEP OIL PRICES DOWN. I’M WATCHING! YOU’RE PLAYING RIGHT INTO THE HANDS OF THE ENEMY. DON’T DO IT!"

Since his post, oil prices experienced a notable bullish impulse. From both fundamental and technical perspectives, the market is now approaching a 16-hour supply zone, which could serve as a potential resistance area.

Additionally, I’ve observed a divergence in trader positioning: non-commercial traders increased their short positions significantly last week, while retail traders remain long. This divergence between price action and non-commercial positions suggests a possible shift in momentum, and I am currently eyeing a short setup.

As always, I encourage traders to conduct their own analysis. The trader featured below operates on the D1 timeframe and focuses on scalping, which can be useful for short-term entries.

Stay cautious and keep an eye on how the market reacts near the identified supply zone.

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Note
- Search for a Confirmation pattern before enter on this trade. I didn't set Limit orders.
Note
snapshot


Looking for a Pattern of Reversal or Candlestick
Order cancelled

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