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Li Wanxi:9month7Freezing production negotiations are lively, with crude oil and asphalt on a roller coaster ride

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Li Wanxi:9month7The frozen production negotiations are lively and lively,crude oilAsphalt ride on roller coaster

Recently, there have been lively negotiations regarding the freezing of oil production by oil producing countries at the end of this month, with unclear prospects for freezing production and fluctuating oil prices. Today,EIAThe monthly report will join handsAPIWill crude oil inventories emerge and oil prices stop falling and rebound?On the one hand, the cooperation agreement reached between Saudi Arabia and Russia has provided strong support for oil prices, but on the other hand, Saudi Energy Minister Fateh(Khalid al-Falih)It also indicates that there is currently no need to limit production, and Iran may become the biggest "disruptive" factor in cooperative actions. Various voices have emerged in the market regarding the oil production talks at the end of this month, with the outlook for frozen production fluctuating and oil prices narrowly exceeding the expectations.

Maintaining a bearish outlook was yesterday's trading strategy for crude oil, with only a slight deviation in the level. The daily chart recorded a cross bearish candlestick, and the price closed atMA5Above the moving average, the cyclical moving average maintains a bearish position, and the Bollinger Bands intentionally contract,MACDThe dead cross dips downward, the green bar needs further volume increase, and the low level operation of random indicators requires a secondary release of quantitative energy. The overall daily trend is still biased towards bearish positions.4On an hourly basis, prices continued to decline, and the cyclical moving average was moving in a more chaotic manner. Bollinger intentionally narrowed his mouth, and the upward momentum of short-term indicators was almost lost,4There is no clear direction guidance during the hour, and the upward shift of the trend line supports it44Due to limited profits, it is not possible to catch up at a low level. At present, oil prices may seem weak, but the downward momentum is insufficient. TodayETAThe announcement of the data will inevitably cause another round of impact. In terms of trading, I believe that while the trend support is not breaking, we will temporarily observe a rebound trend. The evening data market will be treated specifically for emerging price orders. If you want to achieve stable returns in the spot investment market while taking good risk measures, it is recommended to choose an analysis team that sincerely helps you and add Li Wanxi's risk information groupjs6486I will help you make money in this market.

Crude oil intraday trading strategy:44Long, stop loss0.4Point, look at the target46Near.

Asphalt intraday trading strategy:4240Long, stop loss35Point, look at the target4420Near.

For more market analysis, please add Li Wanxi's WeChat groupjs6486I am aware that if there are any sets of orders, please consult me during the session.
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