Monthly Archives: June 2025
Chart the Market (06/06/2025)
Written on June 6, 2025 at 8:45 am, by
USOIL, H4: WTI crude oil continues to trade within a consolidative structure, hovering just below the $63.90 resistance level after failing to break higher in recent sessions. Price action remains supported above $62.00, but repeated rejections from the upper bound of the range have introduced growing technical uncertainty. This rangebound behavior follows a breakout fromContinue Reading
Crude Oil Weakens as Supply Surge Outpaces Fragile Demand Outlook
Written on June 6, 2025 at 8:42 am, by
Key Takeaways: *OPEC+ is set to increase output for a third straight month, raising concerns of an oversupplied market and weighing on crude prices. *Saudi Aramco’s cut to Asian OSPs signals weaker regional demand, reinforcing bearish sentiment amid rising U.S. inventories. Market Summary: Crude extended losses this week as Saudi Arabia’s continued push to expandContinue Reading
Nasdaq Struggles for Direction Amid Trade Uncertainty and Labor Market Concerns
Written on June 6, 2025 at 8:41 am, by
Key Takeaways: *The Nasdaq Composite remains supported by strong AI-led earnings and IPO optimism, though Tesla’s sharp decline has dented sector sentiment. *Soft U.S. labor data and trade uncertainty with China continue to weigh on growth outlook, limiting Nasdaq’s upside potential. Market Summary: The Nasdaq Composite remains in a fragile holding pattern, as optimism aroundContinue Reading
