usoil85.5 is an important point
Crude oil rose slowly on Tuesday and touched the 85.4 line. At the beginning of the week, the pressure node of 85.5 was mentioned many times. This is the suppression point of the weekly MA120 moving average. Tonight, the 85.5 line can be treated as the dividing line between long and short. From a short-term perspective, the Bollinger Bands in each time period are all bullish. The trend is bullish, but key pressure nodes also need to be prepared to turn downward when encountering resistance. Today's resistance focuses on the key resistance of 85.5. If the level breaks upward, the resistance that can be seen is in the 86.8-87.7 area.In terms of support, pay attention to today's low of 83.5. If it breaks below, it will basically weaken. Lower support will focus on last night's low of 82.6-81.6 area. Overall, the rise or fall of crude oil tonight will depend on whether the 85.5 position can be broken.
oil:sell85.5-86
tp:85-84.5
sl:86.5