Mengxian Dianjin: Noon Review of Crude Oil Asphalt Suggestions63.8Continue to grasp empty orders nearby, target63frontline

       Strictly take profit and stop loss, strictly control the position, and strictly prohibit heavy trading operations! When doing market trends, first look at the trend, then focus on the position, and finally, time. What we emphasize is understanding and observing the market situation. Whether the operation is right or wrong, there must be a reason for the operation. Reasonable operations, whether right or wrong, should be reviewed in a timely manner. This is the true investment, otherwise, it will only become gambling. We make stable profits, seize opportunities, steadily make profits, control positions, and do a good job in a virtuous cycle of investment. Remember not to place orders with emotions! Any investment related issues can be discussed together. Investment carries risks and caution is required when entering the market.


      crude oilaspectOPECcallOECDCrude oil inventory11Monthly decline166010000 barrels to29.33Billion barrels, higher than the five-year average1.33Billion barrels,10monthOECDCrude oil inventory exceeds five-year average1.37Billion barrels. The organization's production reduction goal is to restore the commercial inventory level of the OECD to the five-year average level.OPECAllies including Russia will hold a meeting in Oman this weekend to evaluate its production reduction strategy. Despite warnings from Iran's oil minister to investment bank Gao Sheng that the recent surge in oil prices will stimulate a surge in US output, energy ministers from countries such as the United Arab Emirates, Iraq, and Kuwait insist that there is no need to change course,OPECWe will adhere to its production reduction plan until the end of this year


       Crude oil: Crude oil isEIALater rose to64.18Frontline, morningAPILido, in the eveningEIAsynchronizedAPIThe data is favorable. The push in both news and technical aspects has led to a continued upward trend in the market. Crude oil structure shows intraday low point63.45The front line was before62.19and62.52When the support of the connection does not fall below this level structurally, it is difficult for bears to exert force. Currently, the hourly chart showsEIAThe subsequent strong yang swallowed up the previous scattered yin, forming a bullish swallowing pattern with a bullish moving average.


       From the daily chart, the daily line closed lower than the bullish line, and the Bollinger Bands opened their mouths and moved upwards,KThe line shows a bearish swallowing pattern,KDJRunning in the overbought area with a dead fork,KThe line runs below the upper Bollinger Bands,MA5AndMA10The moving average crosses and crosses upwards,MACDThe fast slow line shows a golden cross, rising and slowing down, while the red kinetic energy column gradually shrinks,KDJThe three line adhesive state is flattening to the right, and the overall market is still showing a bullish trend,5The daily moving average is flat,MACDThe red bar has slightly shrunk, and the signal of oil price peaking has strengthened. Short term attention is needed10Daily moving average63.27Nearby support,1month4The daily high is supported by62.20Nearby, if the position is lost, it will increase the downside risk, and the medium-term trend of the daily chart will tend to develop more, while the short-term risk will tend to decline;


       4On the hourly line, the Bollinger Bands began to close, hitting the lower level yesterday but still holding onto and rebounding to the middle level, temporarily not falling below the previous low63.05Thus forming an adjustment, the structure needs to be confirmed. At present, the Bollinger Bands are contracting and oscillating, with upward pressure on the upper track64.80The nearby oil price has been running below the resistance level of the Bollinger Bands for four hours, and in the short term, it has been suppressed by the resistance level of the Bollinger Bands. The Bollinger Bands are running steadily, and in terms of technical indicators,KDJTurning upwards and diverging, there is still upward momentum in the short term. On the hourly chart, oil prices have formed support near the lower Bollinger Bands, and the Bollinger Bands are trending towards parallelism,KDJLocated in the middle area, there is expected to be a rebound demand in the short term; Overall, with the recent continuous rise in oil prices, it once touched4In recent years, with high prices, the risk of a pullback has gradually deepened. In addition, with all the good news coming out, oil prices have entered a pullback stage. Therefore, it is recommended to focus on short selling in the short term during the day, and pay attention to the upward trend64.0One line of resistance, pay attention below62.5Frontline support.


Suggestions for crude oil operation:
1Suggest using63.5-63.7Consider short selling and stop losing near the US dollar0.3Points, target63.1-62.7Near the US dollar;
2Suggest using62.5-62.7Consider going long near the US dollar and stopping losses0.3Points, target63.1-63.6Around the US dollar.


Investment carries risks, and caution is necessary when entering the market. It is recommended to include stop loss and take profit when placing orders, and the operation right is determined by the investor themselves. The suggestion is for reference only, and any losses or profits should be borne by the investor


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