Hong Jingyuan:1month11Spot asphalt in the eveningEIAOperation suggestions

Hong Jingyuan:1month11Spot asphalt in the eveningEIAOperation suggestions

Last week, we were still optimistic about the bullish trend in asphalt. On Monday, we gave bullish analysts a boost and saw a stepwise decline without any correction!Life needs planning, money needs management;You don't manage finances, money doesn't care about you;Making money relies on opportunities, investing on wisdom, and managing finances on professionalism. Deconstructing relies on attitude, judgment comes from observation, and more importantly, from professionalism. Taking risks is beyond reproach, but at the same time, remember not to put all your eggs in one basket!Add author Hong Jingyuan's authority:ky4626Online guidance for analyzing market trends. Here's a point to point out: a stepped decline indicates a unilateral market trend. If there is no obvious top or bottom pattern, do not buy against the trend!I will analyze why asphalt plummeted last night:

　　1Irancrude oilExports are still increasing, raising doubts in the market about the extent to which OPEC member countries are complying with the agreement;

　　2International crude oil is still in a positive market, and the fundamentals of oversupply in the oil market are difficult to shake;

　　3Trump took office within the week, and US energy companies ranked third in a row last week10An increase in the number of active drilling rigs per week may have an impact on the international crude oil market;

　　4And most importantly, Iraq is the Organization of the Petroleum Exporting Countries(OPEC)The second largest crude oil producing country in China, according to information from its Ministry of Petroleum,12Southern IraqBasraThe export volume of terminal crude oil has reached a record high35110000 barrels/Day.

Overall, from the long-term perspective of various technical indicators, there is a strong rebound demand for asphalt. TodayBMIAnnounced due to convictionOPECWe will comply with the agreement to implement production reduction, and the oil market materials will2017The balance was restored in the middle of the year, resulting in partial backflow of asphalt. But with the eveningAPIThe emergence of negative inventory is expected to lead to a consolidation of asphalt at a low level in the evening, with an upward view in the evening4950The strong resistance level on the front line is still dominated by short orders in terms of operation. I have summarized some practical and effective operating skills and methods based on years of work experience. Investors who need them can search for corresponding titles and read and learn. You can also directly consult Hong Jingyuan and Wei Xinky4626Provide correct advice for ordering, speak with strength, and welcome communication and consultation.