Li Wanxi:6month23 Recommendations for spot asphalt operation(Evening intensive reading)

Li Wanxi:6month23 Recommendations for spot asphalt operation(Evening intensive reading)

Fundamental analysis

The Brexit referendum in the UK has already begun, and the results will also be announced in the short term. Concerns about the UK leaving the EU have been released, leading to an increase in marginal returns on oil prices. However, a research report by OCBC Bank shows that many oil investors still adopt a wait-and-see attitude until the referendum results are confirmed on Friday. There's nothing wrong with the transaction, what's wrong is that you're not prepared. How much money a person can accumulate in their lifetime does not depend on how much money they can earn, but on how they invest and manage their finances. How to find a good mentor to help oneself in investment and finance. It is better to change money than to change it. It is important to know that money works for you, not for you. What kind of mentality should you have. Add Li Wanxi and Weixinjs6486Let's work together, we can win together.

At a time when the Brexit referendum in the UK is not yet over and polls show that supporters and opponents are evenly matched in all aspects, there is still no clear inclination towards global risk appetite. In this situation, oil prices have maintained a sideways trend since the Asian session on Thursday, and it may be wisest to wait for the results of the UK referendum on Brexit before deciding on the next trading strategy.

Analysts believe that if Thursday's referendum results show that the majority of the UK votes in favor of Brexit, oil prices will experience a short-term avalanche of decline15%, falling to42dollar/Bucket. Because if the UK leaves the EU, the commodity market will be very unstable. What is even more concerning is that the UK's departure from the EU will have an immeasurable impact on the regional and global economy, and energy demand in major regions around the world will also decrease. In addition, market sentiment will be very poor, so the short-term decline in oil prices may exceed everyone's imagination.

Technical analysis

Internationalcrude oilOnce again, in the50The position staged a bull run. However, friends who did not keep up with the pace of the author missed the opportunity for big profits. However, in the context of bearish inventory data, it is more rational for oil prices to emerge from the decline.

As for the asphalt daily chart, it recorded a major bearish trend yesterday, ending the three positive trend and causing prices to fall below the five week moving average. The downward trend in the short cycle is gradually slowing down, and there is still room for rebound on the daily chart. However, after the bearish trend closed and fell, the probability of developing in line with the trend is increased.

　　4In the early hours, the market rebounded significantly this morning, but its strength was limited. In addition, after yesterday's heavy pressure and sharp decline, today's rebound recovery index still needs to go down. Therefore4This kind of rebound can only be seen as a repair during the hour. The recent repeated consolidation of asphalt is also brewing a wave of direction. The choices are all indecisive, and the development is difficult. Once the trend is established, the future direction will become more rational. Today, the operation will remain high and continue to look for a correction.

Specific operation points

　　1.Above asphalt4800Short selling Stop loss35Points Target View4730

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　　3.Above asphalt4700Going long nearby Stop loss35Points Target View4800