The trading micro futures curve for WTI crude flattened, signaling traders expect near-term price stability despite geopolitical risk in supply routes. On the date of publication, Jim Wyckoff did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com (or Honda) but the tank is empty, you’re not going anywhere. Trading works the same way. You can have the best process, the cleanest strategy, but if the product you’re trading is stuck in a two-point range all day, there’s no real opportunity. Micro crude oil futures saw heightened volatility after OPEC+ output policy speculation. Intraday price swings hit 3%, impacting energy equities in correlated trades.
