HomeMarketsTechnical AnalysisCrude Oil Soars & Diesel Breaks Out: Energy Rallies on Geopolitical Tensions

Crude Oil Soars & Diesel Breaks Out: Energy Rallies on Geopolitical Tensions

The SPX opened at the 6,000 and will be a critical level for bulls to hold, according to Kevin Green. News of an Israeli airstrike on Iran ramping volatility higher will make that a challenge. Kevin then breaks down all of the breakout moves in energy, pointing out crude oil's bullish MACD cross and diesel's swing out of an inverse head-and-shoulders pattern.

Morning Trade Live

13 Jun 2025

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