Brent crude oil gap filling resembles prior move higher, James Van Straten notes

Brent crude oil gap filling resembles prior move higher, James Van Straten notes
Brent crude oil gap fill pattern

James Van Straten observes that Brent crude oil is undergoing a gap fill, similar to what occurred prior to its last upward leg.

This suggests a recurring pattern in Brent crude oil price movement, with technical dynamics mirroring a previous period before a rally.

Van Straten has tracked significant market milestones in earlier coverage. He recently detailed how gold recorded its worst quarter in 13 years while the S&P 500 reached a six-year high. In another report, he examined Amazon’s $25 billion bond sale and noted investor demand of just 1.6 times the offering.

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