
CHUTE DU PÉTROLE ! 🚨 EXPLOSION des MARCHÉS !?
Audio Summary
AI Summary
The video discusses recent market movements, focusing on oil prices, US indices, and the dollar. The reopening of Iran's D3 Dormose facility is noted as a factor contributing to falling oil prices. US indices are shown to be rising, while the dollar is declining.
Regarding oil, the speaker mentions that the D3 Dormose facility is reopening, which is expected to impact prices. While there's been a reaction and a rebound, it's unclear if this signals a continuation. Technically, the market remains in a range, and inflation pressure persists as long as prices haven't returned to pre-conflict levels. No technical breakout has occurred yet. The price is currently rejecting a previous order block, but the speaker believes this stop zone might be targeted later, potentially causing market stress unless the conflict ends definitively. A technical breakout would involve falling below the current range and re-entering previous price zones, which hasn't happened. The speaker is observing a specific price zone with a fair value gap and an order block, anticipating a reaction there. The speaker personally does not trade oil but analyzes it for potential market stress.
The VIX is heading towards its March low, and a break of the weekly fair value gap would confirm a bearish continuation for the VIX, potentially leading to new lows in Q2 or Q3. This would signal a steady, less stressed US market. A retest of certain zones with minor market stress is possible, especially given the geopolitical context. Any dips in indices during such a scenario would be seen as buying opportunities, as the US market remains bullish.
The Dow Jones is highlighted for its interesting price action, reacting well within a discount zone after taking out the previous weekly low. The speaker considers anything returning to the discount of this impulse as a buying opportunity. While the speaker personally didn't find a suitable setup for adding to a long position, the zone was deemed interesting, and the index reacted positively, moving higher. The bullish bias for the Dow Jones remains, with the expectation that it will reach new all-time highs, followed by the Nasdaq and S&P 500.
The Nasdaq is also showing a bullish continuation with strong momentum, creating new fair value gaps. A repricing of these gaps is anticipated at some point. The speaker believes the Nasdaq will retest its previous fair value gaps, possibly the impulse from yesterday or yesterday's low, rather than the impulse from Thursday, as the S&P 500 has already addressed that. Stress moves during the New York kill zone, particularly those that clear liquidity below midnight prices, are considered prime setups for bullish continuation.
The S&P 500 is exhibiting similar bullish behavior. The Dollar Index is currently testing its weekly fair value gap and is expected to target the May low. A rejection within the bearish fair value gap has already occurred, leading to a new low. The reaction at the May low will be crucial. Acceptance below this level would signal a bearish continuation and a loss of the weekly fair value gap, while a bounce and staying within the weekly fair value gap might indicate a range and a revisit of a previous gap zone. The VIX will serve as an indicator of potential pressure on risk assets.
Gold has reacted well to the previous weekly low and is pushing higher, but the speaker has no strong bias on gold, viewing it as entering a consolidation or contraction zone with reduced volatility in the coming weeks and months. However, factually, a bottom might be forming, potentially leading to a revisit of higher levels, especially after breaking out of the daily fair value gap. A repricing of yesterday's impulse could present a good buying opportunity for gold to target the accumulated points of interest to the north.