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OIL

+8
Equity
Wyckoff Phase

No Wyckoff pattern detected

Watching for accumulation/distribution signals

Sentiment
OIL Composite Sentiment +8
Source Signal Confidence Raw Context
cftc_cot +6 70% 40574 Managed money net long at 53th pctile of 1Y range (WoW: -13,024)
eia_inventory +95 70% -8557 Inventory draw: -8.6M bbl (report: 2026-10-09)
fred_ovx -68 100% 49.13 OVX at 49.1 (prev: 48.6)
grok -5 50% 50 Little activity on crude oil or WTI prices in recent posts.
Ed's Trading Checklist
⬜
#1 Pattern confirms direction

No Wyckoff pattern detected

⚠️
#2 Risk-on or risk-off?

Regime: ranging -- mixed signals

⬜
#3 IVR check

Not options-eligible

⬜
#4 50-delta strike

50-delta ATM strike -- run /eds-checklist for contract

⬜
#5 60+ DTE

60+ DTE -- run /eds-checklist for expiration

⬜
#6 Size 1-3%

Position sizing 1-3% of account

✅
#7 BTO not STO

BTO for directional trades (not selling premium)

⬜
#8 Bracket set

Set stop/target before entry -- no levels detected

Full analysis: /eds-checklist OIL
Signal Engine Notes

NIGHTLY BACKTEST REPORT — 2026-04-12 === CURRENT CONFIG (actual D1 state) === SMA: fast=20, slow=50 (NOT 10/30 as task notes said — already updated) min_confidence: 0.45 (lowered from 0.6) take_profit_pct: 0.06 (6%) — STILL UNADDRESSED stop_loss_pct: 0.03 (3%) Wyckoff: ENABLED (1h timeframe) === MARKET CONTEXT === 7-day range: $67,235 - $73,705 Current price: ~$70,777 (pulling back from $73.7K peak) Regime: Ranging with upward bias Wyckoff: Phase B — AR high touched at $73.7K, now ST/pullback. …

Backtest: Apr 12, 2026 · Full analysis: /morning-scan

Conviction Score

Conviction scoring active

Check /morning-scan for latest scores

Recent Alerts View all
OIL
Zero Cross-5
OIL crossed zero into bearish territory (0 -> -5).
78d ago
OIL
Contrarian Setup
Contrarian bearish setup detected for OIL: - COT extreme long (Managed money net long at 95th pctile of 1Y range (WoW: +28,964)) - OVX at 63.4 (panic-level oil volatility) - Extreme inventory draw: -11.0M bbl
78d ago
OIL
Zero Cross
OIL crossed zero into bullish territory (-7 -> 0).
78d ago
OIL
Contrarian Setup
Contrarian bearish setup detected for OIL: - COT extreme long (Managed money net long at 95th pctile of 1Y range (WoW: +28,964)) - OVX at 63.4 (panic-level oil volatility) - Extreme inventory draw: -11.0M bbl
78d ago
OIL
Contrarian Setup
Contrarian bearish setup detected for OIL: - COT extreme long (Managed money net long at 95th pctile of 1Y range (WoW: +28,964)) - OVX at 63.4 (panic-level oil volatility) - Extreme inventory draw: -11.0M bbl
78d ago
OIL
Contrarian Setup
Contrarian bearish setup detected for OIL: - COT extreme long (Managed money net long at 95th pctile of 1Y range (WoW: +28,964)) - OVX at 63.4 (panic-level oil volatility) - Extreme inventory draw: -11.0M bbl
78d ago
OIL
Contrarian Setup
Contrarian bullish setup detected for OIL: - OVX at 63.4 (panic-level oil volatility) - Extreme inventory draw: -11.0M bbl
78d ago
OIL
Zero Cross-5
OIL crossed zero into bearish territory (3 -> -5).
78d ago
OIL
Contrarian Setup
Contrarian bullish setup detected for OIL: - OVX at 63.4 (panic-level oil volatility) - Extreme inventory draw: -11.0M bbl
78d ago
OIL
Zero Cross+3
OIL crossed zero into bullish territory (-5 -> 3).
78d ago
OIL
Contrarian Setup
Contrarian bullish setup detected for OIL: - OVX at 63.4 (panic-level oil volatility) - Extreme inventory draw: -11.0M bbl
78d ago

Deep dive in Claude Code

/analyze OIL /eds-checklist OIL
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