Han Shuying:10month24Analysis of Monday's spot crude oil and asphalt market trend and operational suggestions

Han Shuying:10month24Monday spotcrude oilAnalysis of Asphalt Market Trends and Operational Suggestions

Message interpretation:

Friday(10month21day)There are relatively few fundamental events in the market, and after this week's European Central Bank resolution, robust US data, and Fed officials raising interest rates, policy differences between Europe and the United States continue to support the US dollar soaring to an eight and a half month high. In terms of crude oil, investors continue to have concerns about Russia andOPECThere is hope for reaching an agreement, but the significant growth of US drilling platforms may suggest that it is difficult for oil prices to rise further.


Market trend analysis:

Asphalt prices continued to maintain a weak pattern yesterday, although it did not directly lead to a price collapse. But from the technical chart, it can be seen that asphalt prices have entered a weak pattern, and the market has the ability to continue to decline. The main support below needs to be paid attention to4660Nearby. If the market test reaches this position on Monday, investors can make long positions. As the quotes on different platforms are different, please consult me, Wei and Xin, for specific operationshsy972Compare with the author's platform location to obtain precise operational recommendations.

Furthermore, from the current short-term technical chart, it can be seen that the price of asphalt varies from4900Since the decline of the checkpoint, the market has directly entered a weak pattern, and on Thursday, the price directly fell below the adhesive support of the moving average. Currently, we need to refocus on the position of the adhesive backpressure on the moving average4760Nearby, consult Han Shuyingwei and Xin for operational advicehsy972 Due to the significant bearish drilling data released today, the author suggests that investors maintain a bearish mentality on Monday.


Suggestions for Monday's operation of crude oil asphalt:

　　1The price of asphalt can be found in4760Short nearby, stop loss4790On, target4660

　　2The price of asphalt can be found in4660Long nearby, stop loss4620Next, target4760

　　3The above analysis represents the author's personal views and is for reference only,Add WeChat specificallyhsy972;Remind investors to pay attention to controlling positions and setting profit and loss limits during actual trading operations


　　Exclusive analysis strategy writer: Han Shuying/Exchange WeChathsy972