MCX Crude - Wait & Watch Approach Justified. Now what ?

MCX Crude Oil – Wait & Watch Approach Justified
As on Sun 24 May 2026. CMP 9218

A month ago (23 April update), the view was deliberately cautious:

🟦 Best approach: Wait for clarity, not anticipation

🟦 This is a "prove it first" market, not a "predict and position" setup

🟦 You are not being paid to be early

Over the past month, Crude Oil has delivered exactly the type of environment we wanted to avoid — high volatility, conflicting signals and headline-driven swings both in India and globally.

So far, patience has been rewarded. Now what ?