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Li Wanxi:6month23day(Thursday)Approaching Brexit,crude oilAsphalt bulls becoming increasingly cautious
Wednesday(6month22day)United States Energy Information Administration(EIA)Although the data released in the United StatesEIAContinuous crude oil inventory5Weekly decline, but below expectations, andEIAUnexpectedly increased gasoline inventories, leading to a decline in the United StatesWTIcrude oilfuturesThe price quickly plunged in the short term, erasing the intraday gains and plummeting significantly. United StatesEIAThe unexpected increase in gasoline inventories and the lower than expected decrease in crude oil inventories may only be a trigger. With the approaching Brexit referendum in the UK, crude oil bulls have become more cautious, and market bearish sentiment has become increasingly intense. 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.
The daily chart shows that the price of asphalt was on the middle track of the Bollinger Belt yesterday2The combined level of support lines formed since the beginning of the month4720Upper uplink test4820But within the day, it gave back all yesterday's gains and showed a downward trend4720The signs have dissipated the previously bullish outlook. Therefore, if oil prices continue to fall effectively in the future4720Will lean towards short selling.
Suggestions for spot asphalt operation:
1.Below asphalt4700Long on the front line, stop loss35Point, look at the target4800nearby;
2.For more real-time market analysis, please pay attention to the author Li Wanxi's reputationjs6486know
3.Above asphalt4810Short on the front line, stop loss35Point, look at the target4740Near.