Key takeaways False alarm-driven spike fades quickly: WTI crude surged 5% on unverified reports of an attack in Tehran but retraced most gains after confirmation it was a drill, highlighting headline-driven volatility amid a fragile US–Iran ceasefire. Market signals point to limited upside: Declining implied volatility and reduced backwardation suggest easing supply stress and cap […]
The post Chart Alert: WTI Crude Oil at Risk of Mean Reversion Decline Below $102.25 after 5% Spike appeared first on ActionForex.
