{"id":252813,"date":"2025-10-19T01:30:00","date_gmt":"2025-10-19T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=252813"},"modified":"2025-10-18T09:41:08","modified_gmt":"2025-10-18T16:41:08","slug":"bears-want-a-strong-crude-oil-bear-leg","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/bears-want-a-strong-crude-oil-bear-leg\/","title":{"rendered":"Bears Want a Strong Crude Oil Bear Leg"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Crude Oil Futures<\/h2>\n\n\n\n<p>The bears want a strong <strong>Crude oil<\/strong> bear leg to test the trading range low (Apr 9). They must continue to create follow-through selling to increase the odds of testing the trading range low. The bulls hope the lower third of the large trading range will act as support. They need to create strong bull bars to show they are back in control.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Crude oil futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> crude oil chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Weekly-Bears-Want-Strong-Bear-Leg-Need-FT-680x383.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Weekly-Bears-Want-Strong-Bear-Leg-Need-FT-680x383.jpg\" alt=\"Crude Oil Weekly - Bears Want Strong Bear Leg, Need FT, Bears Want a Strong Crude Oil Bear Leg\" class=\"wp-image-252904\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Weekly-Bears-Want-Strong-Bear-Leg-Need-FT-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Weekly-Bears-Want-Strong-Bear-Leg-Need-FT-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Weekly-Bears-Want-Strong-Bear-Leg-Need-FT-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Weekly-Bears-Want-Strong-Bear-Leg-Need-FT-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Weekly-Bears-Want-Strong-Bear-Leg-Need-FT.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>This week\u2019s candlestick on the <a href=\"https:\/\/www.investing.com\/commodities\/crude-oil-streaming-chart\" rel=\"noopener\">weekly Crude Oil chart<\/a> was a follow-through bear bar closing below the middle of its range with prominent tails.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/crude-oil-breakout-from-the-trading-range\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said the market could still trade at least a little lower. Traders would see if the bears could create follow-through selling in the next few weeks, or if the market would trade slightly lower, but lack sustained follow-through selling instead.<\/li>\n\n\n\n<li>The bulls view the current move as a large two-legged move (the first leg being the Jun 23 to Aug 13 move).<\/li>\n\n\n\n<li>They hope the lower third of the large trading range will act as support.<\/li>\n\n\n\n<li>They need to create strong bull bars to show they are back in control.<\/li>\n\n\n\n<li>The bears created another leg down from a large double top bear flag (Jul 30 and Sep 26).<\/li>\n\n\n\n<li>They want a measured move based on the height of the recent trading range, which will take the market to the $55 area.<\/li>\n\n\n\n<li>If the market trades higher, the bears want at least a small sideways to down leg to retest the current leg low Oct 17).<\/li>\n\n\n\n<li>They must continue to create follow-through selling to increase the odds of testing the trading range low (Apr 9).<\/li>\n\n\n\n<li>The market remains in a large trading range.<\/li>\n\n\n\n<li>Traders will BLSH (Buy Low, Sell High) until there is a breakout from either direction of the trading range, accompanied by sustained follow-through buying\/selling.<\/li>\n\n\n\n<li>That means selling in the upper third and buying in the lower third of the trading range.<\/li>\n\n\n\n<li>The market broke below the 14-bar tight trading range (formed around the 20-week EMA) with some follow-through selling.<\/li>\n\n\n\n<li>Traders will see if the bears can create sustained follow-through selling in the next few weeks.<\/li>\n\n\n\n<li>Or will the market find buyers around the lower third of the trading range instead?<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> crude oil chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Daily-Bears-Want-Measured-Move-Need-FT-Selling.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Daily-Bears-Want-Measured-Move-Need-FT-Selling-680x383.jpg\" alt=\"Crude Oil Daily - Bears Want Measured Move, Need FT Selling\" class=\"wp-image-252905\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Daily-Bears-Want-Measured-Move-Need-FT-Selling-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Daily-Bears-Want-Measured-Move-Need-FT-Selling-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Daily-Bears-Want-Measured-Move-Need-FT-Selling-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Daily-Bears-Want-Measured-Move-Need-FT-Selling-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Daily-Bears-Want-Measured-Move-Need-FT-Selling.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The market traded sideways to down for the week. Friday traded lower but reversed, closing near its high with a long tail below.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/crude-oil-breakout-from-the-trading-range\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would observe whether the bears could create sustained follow-through selling, or if the market would trade slightly lower but lack follow-through selling, forming a pullback near the 20-day EMA instead.<\/li>\n\n\n\n<li>So far, the bears have gotten some follow-through selling following the breakout from the 48-bar trading range.<\/li>\n\n\n\n<li>The bulls see the current move (Oct 17) as the third leg down, forming a large wedge pattern.<\/li>\n\n\n\n<li>They want a reversal from a large wedge bull flag (Jun 24, Aug 13, and Oct 17), and a smaller wedge bull flag (Oct 2, Oct 10, and Oct 17).<\/li>\n\n\n\n<li>They want the lower third of the large trading range to act as support.<\/li>\n\n\n\n<li>They need to create strong consecutive bull bars to show they are back in control.<\/li>\n\n\n\n<li>The bears got a reversal from a large double top bear flag (Jul 30 and Sep 26) and a smaller double top bear flag (Sep 2 and Sep 26).<\/li>\n\n\n\n<li>They want a strong leg down to test the bottom of the trading range (Apr 9).<\/li>\n\n\n\n<li>If the market trades higher, they want it to form a lower high, followed by a retest of the current leg&#8217;s extreme low (Oct 17).<\/li>\n\n\n\n<li>They want the 20-day EMA and the bear trend line to act as resistance.<\/li>\n\n\n\n<li>They must create sustained follow-through selling to increase the odds of testing the trading range low (Apr 9).<\/li>\n\n\n\n<li>The market remains in a large trading range.<\/li>\n\n\n\n<li>Traders will BLSH (Buy Low, Sell High) until there is a breakout from either direction with sustained follow-through buying\/selling.<\/li>\n\n\n\n<li>That means buying in the lower third and selling in the upper third of the trading range.<\/li>\n\n\n\n<li>For now, traders will see if the bears can create sustained follow-through selling to reach the measured move around $55.<\/li>\n\n\n\n<li>Or will the market find buyers around the lower third of the trading range instead?<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: Crude Oil Futures The bears want a strong Crude oil bear leg to test the trading range low (Apr 9). They must continue to create follow-through selling to increase the odds of testing the trading range low. The bulls hope the lower third of the large trading range will act as support. They [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":252904,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1892,136],"tags":[325],"class_list":{"0":"post-252813","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crude-oil","8":"category-analysis","9":"tag-crude-oil-futures","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/Crude-Oil-Weekly-Bears-Want-Strong-Bear-Leg-Need-FT.jpg","author_info":{"display_name":"Andrew","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/andrewa\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/252813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/users\/2836"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=252813"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/252813\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/252904"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=252813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=252813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=252813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}