Crude Oil Analysis⛽
Crude Oil Analysis⛽
Yesterday, as Saudi Arabia announced plans to further cut production, oil prices rose by more than 20 points in a straight line from around 85, and the intraday peak rebounded to around 87.9
The 87.6-7 short order we gave at the end of yesterday did not fall to 86.2-4 until today, giving a profit margin of more than 10 points. The short-term support below the oil price is around 85.2-3. This is an opportunity to consider buying more within the day. The upper resistance is mainly at the 87.3-4 line. If you rebound at this point in the evening, you can consider going short once.
Operation suggestion:
Sell above 87.3-87.4, loss 88. Target 86-85.5
Below 85.5 steady buy, loss 85. Target 87
Crude Oil Analysis⛽
Yesterday, as Saudi Arabia announced plans to further cut production, oil prices rose by more than 20 points in a straight line from around 85, and the intraday peak rebounded to around 87.9
The 87.6-7 short order we gave at the end of yesterday did not fall to 86.2-4 until today, giving a profit margin of more than 10 points. The short-term support below the oil price is around 85.2-3. This is an opportunity to consider buying more within the day. The upper resistance is mainly at the 87.3-4 line. If you rebound at this point in the evening, you can consider going short once.
Operation suggestion:
Sell above 87.3-87.4, loss 88. Target 86-85.5
Below 85.5 steady buy, loss 85. Target 87
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Previous article: 228K
Expected: 232K
and EAI data
There are about 3 hours until the announcement
Contact me to get the latest trading signals tonight