From a trend perspective, oil prices have limited fluctuations and have maintained their recent gains. Market expectations + production cuts will lead to tight supply, and Russian refineries were attacked. Affected by geopolitical policies, crude oil broke through the previous high and continued to rise. The overall trend is bullish and the pullback continues to be bullish. During last week's short-term correction, we were also close to the 80.5 support level to make long profits, which was basically in line with the expected trend.
As shown in the figure, today's strategy recommendation is: the bottom of crude oil is around 82.5-82.6, hold 81.7, and target around 84-85.
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