Up 4%! The Middle East powder keg ignites inflation, $CL crude oil stages a 1-hour V-shaped reversal—is it time for retail investors to get on board?

“Macro sets the direction, geopolitics triggers the breakout, and the candlestick chart determines buy and sell points. Crude oil’s surge is not only a celebration for commodities, but also inflation’s roar!”

Combining the latest news: tensions in the Middle East are once again escalating, and the US Central Command is preparing for Iran, with the key window pointing to late October to early November! As a result, oil prices surged nearly 4% intraday, inflationary pressures heated up sharply, and the Federal Reserve was forced to maintain hawkish rate-hike expectations. After bottoming at 86.88, the price formed a perfect V-shaped reversal, breaking above the MA7/25/99 moving averages in succession, with a strong bullish alignment. The current price is 91.22, facing key resistance from the previous high at 91.96.

Trading suggestions:
Go long if a pullback to around 90.4 - 90.8 stabilizes; if a short position near the previous high of 91.96 fails to break through after repeated attempts and a long upper shadow appears, consider a small short position

Personal view: Geopolitics is a sword of Damocles hanging over the market, capable of triggering a one-sided move at any time. Technicals and news are currently resonating bullishly, so the strategy should focus on buying dips with the trend, while staying alert for stop-hunting wicks in both directions.

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