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OIL

+5
Equity
Wyckoff Phase

No Wyckoff pattern detected

Watching for accumulation/distribution signals

Sentiment
OIL Composite Sentiment +5
Source Signal Confidence Raw Context
cftc_cot +10 70% 79924 Managed money net long at 55th pctile of 1Y range (WoW: -18,295)
eia_inventory +95 75% -15967 Inventory draw: -16.0M bbl (report: 2026-05-29)
fred_dxy -21 100% 120.8851 USD index strengthening (+0.41%)
fred_ovx -89 100% 59.53 OVX at 59.5 (prev: 61.2)
fred_rates 0 100% 3.64 Fed funds steady at 3.64% (change: 0.00)
fred_vix -42 100% 24.54 VIX at 24.5 (prev: 25.3)
fred_yields +6 50% -- curve=0.50%
grok +4 50% 65 Oil prices jumping on geopolitical tensions (Iran, Middle East) and supply draws.
Ed's Trading Checklist
#1 Pattern confirms direction

No Wyckoff pattern detected

⚠️
#2 Risk-on or risk-off?

Risk-OFF -- sit out buying, selling premium OK

#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
Bearish Shift+11
OIL weakening: 39pt bearish move in one scan (50 -> 11).
3h ago
OIL
Zero Cross+50
OIL crossed zero into bullish territory (-6 -> 50).
5h ago
OIL
Bullish Shift+50
OIL strengthening: 56pt bullish move in one scan (-6 -> 50).
5h ago
OIL
Sentiment Shift+50
OIL sentiment shifted 52 points bullish in ~24h. Was -2, now 50.
5h ago
OIL
Zero Cross-6
OIL crossed zero into bearish territory (0 -> -6).
7h ago
OIL
Data Release
EIA Weekly Petroleum Report day. OIL sentiment may be volatile around 10:30 AM ET.
7h ago
OIL
Data Release
EIA Weekly Petroleum Report day. OIL sentiment may be volatile around 10:30 AM ET.
9h ago
OIL
Zero Cross
OIL crossed zero into bullish territory (-5 -> 0).
9h ago
OIL
Data Release
EIA Weekly Petroleum Report day. OIL sentiment may be volatile around 10:30 AM ET.
11h ago
OIL
Data Release
EIA Weekly Petroleum Report day. OIL sentiment may be volatile around 10:30 AM ET.
13h ago
OIL
Data Release
EIA Weekly Petroleum Report day. OIL sentiment may be volatile around 10:30 AM ET.
15h ago
OIL
Data Release
EIA Weekly Petroleum Report day. OIL sentiment may be volatile around 10:30 AM ET.
1d ago
OIL
Contrarian Setup
Contrarian bullish setup detected for OIL: - OVX at 61.2 (panic-level oil volatility) - Extreme inventory draw: -12.4M bbl
1d ago

Deep dive in Claude Code

/analyze OIL /eds-checklist OIL
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