Li Wanxi:7month4crude oil(Monday)Asphalt Market Analysis and Early Operation Suggestions

Li Wanxi:7month4crude oil(Monday)Asphalt Market Analysis and Early Operation Suggestions

UK referendum suppresses crude oil demand, last Friday(7month1day)Crude oil has fallen in volatility due to ongoing uncertainty. Some analysts suggest that if crude oil output continues to decrease, oil prices may be further boosted in the coming months. US production4Monthly decline2210000 barrels/Oh my, it's from2008year9The largest decline since the beginning of the month. Meanwhile, the US Energy Information Administration(EIA)Reported further decline in US inventories last week. If you always earn less and lose more, or even suffer serious losses, being trapped, having no time to analyze the market, not being good at analyzing yourself, and getting tired of those nonsensical but irrelevant guidance and advice. So add Li Wanxi and Weixinjs6486I will be your best choice.

From a daily perspective, spot asphalt operates in a parallel line manner with Bollinger bands,KThe line runs below the middle track of the Bollinger belt, as shown in the attached figureMACDDouble line indicator on0The intersecting dead cross waves above the axis run, and the green kinetic energy column slowly decreases,KDJThe third line indicators are showing an upward trend. From four hoursKFrom a linear perspective: Currently, prices are operating in an upward trend, with various moving averages distributed in a staggered manner,10Day20Day60The daily moving average runs in a sticky manner, and the price is running on the Bollinger medium track with signs of breaking through the medium track and continuing to move upwards, as shown in the secondary chart indicatorMACDThe green kinetic energy column begins to shrink,KDJThe golden cross is on the rise, showing a volatile upward trend. Apart from the news of the UK's exit from Europe, there are basically no major actions. Overall, the morning trading strategy is mainly to buy long with a downward trend.

Morning operation strategy for spot asphalt:

　　1.Above asphalt4750Short selling, stop loss35Point, look at the target4680;

　　2.For more real-time market analysis, please pay attention to the author Li Wanxi's reputationjs6486Be aware of;

　　3.Below asphalt4650Long, stop loss35Point, look at the target4730。