Li Qixuan10month18Analysis of Daily Spot Asphalt Market and Operational Suggestions

　　Li Qixuan10month18Analysis of Daily Spot Asphalt Market and Operational Suggestions

　Message surface parsing:
United StatesWTIcrude oil11monthfuturesMonday(10month17day)Closing down0.41USD, or0.81%Report49.94dollar/Bucket. Brent crude oil12Monthly futures closed lower on Monday0.43USD, or0.83%Report51.52dollar/Bucket. Organization of the Petroleum Exporting Countries(OPEC)The high crude oil production from Russia has made it difficult to alleviate concerns about oversupply in the market, while Iran's attitude towards increasing production remains firm. However, fortunately, the rise of the US dollar has been temporarily hinderedOPECThe positive comments from member countries have limited the downward space for oil prices. United StatesWTICrude oil futures prices hit their lowest point during trading49.50dollar/Barrel, Brent crude oil futures hit their highest intraday price51.17dollar/Bucket.

　　Technical analysis:
Asphalt prices continued to break short yesterday, with the current price mainly being5350There is support nearby, and it is expected that there will be a rebound after today's market test reaches that level. Investors can perform multiple orders at this location. However, it should be noted that the shape of the circular arc top on the daily chart has gradually improved, and the market has the ability to break the neckline at any time. It is recommended to treat it with a bearish approach.
In the short term, yesterday's market started from5500The upper part starts to fall, and there is a dead cross suppression on the technical chart. The current suppression position still needs to pay attention to yesterday's break to continue supporting the counter pressure price5460，预计行情在今天测试到该位置后会有走低出现，价格在触及该位置后，投资者可以进行空单的操作。

　Operation suggestions
　　1The price of asphalt can be found in5350Long nearby, stop loss5320Next, target5460
　　2The price of asphalt can be found in5460Short nearby, stop loss5490On, target5350
Li Qixuan's message: There are four essential points to keep in mind when investing: maintaining principal, controlling risks, earning returns, and achieving long-term stable and sustainable profits. Don't let a day's gains or losses affect your mood. Whether making money is accidental or inevitable, whether it's through hard work or luck, the investors who can persist in the market are definitely the ones who can ultimately sustain long-term profits. writing/ Li Qixuan/Microapricotyam536