Markets suggest stocks are on solid ground and crude oil could be in for a decline, Todd Gordon says

Todd Gordon argues that markets are attempting to price in peace in the Middle East, but renewed flare-ups again push the narrative off course and leave traders chasing a reliable anchor. The piece analyzes the hard-right edge of key charts to gauge the likely outcome of the crisis, noting that headlines trigger violent market reactions even as structural drivers point toward a final resolution. Trump’s claim that a deal with Iran was “largely negotiated” spurred a crude-oil drop and stock rally, only for fresh U.S. strikes on Iranian vessels in the Strait to complicate the picture. Historically, WTI traded in the $50s earlier in the year, with VIX in the mid-teens.