Predicción de Brent Crude Oil (BZ=F)

Brent Crude at $103.29 shows mixed technical signals. The 6-week rally from $86.57 (Aug 14) to $108.75 (Sept 15) demonstrates strong upside momentum, but recent pullback of ~5% from peak suggests profit-taking and potential consolidation. Price is currently near mid-range of recent trading band ($99-$108). Volume spike on Sept 10 ($107.63, 72.5K contracts) marked climactic strength, but subsequent lower volumes on recent closes indicate waning conviction. Key resistance at $108.75 and support at $100.34 define near-term range. Geopolitical risk premiums remain embedded in valuations. Macroeconomic headwinds (demand concerns) offset supply-side tightness. Recommend waiting for clearer directional break above $108 (bullish) or below $100 (bearish) before committing capital. Current risk/reward ratio is balanced with insufficient catalyst visibility.