Li Wanxi:6month23(Thursday)Oversupply alleviated, analysis of crude oil asphalt trend

Li Wanxi:6month23(Thursday)Oversupply has been alleviated,crude oilAnalysis of Asphalt Trends

The day before yesterdayAPICrude oil inventories recorded the largest decline in six months, yesterdayEIAAlthough the decrease is not as expected5Zhou's consecutive price cuts, the main culprit driving down oil prices - has the oversupply eased?The author believes that although both gasoline and refined oil inventories have risen, it has suppressed market sentimentEIAThe lower than expected decrease in inventory data has slightly disappointed the market, but5The consecutive decline of the week reflects the relief of the long-standing oversupply that has plagued the oil market. 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.

Asphalt is also4860The previous day's excellent short position was given yesterday, but the change in form once again caused us to miss the opportunity for big profits. However, with inventory data being bearish, it is more rational for crude oil asphalt to emerge from the decline. On the daily chart, yesterday recorded a major bearish candlestick, ending the three positive trend and causing prices to fall below the five week moving average. The short-term downward trend is gradually slowing down, and there is still room for rebound on the daily chart. However, after the bearish candlestick falls, the probability of developing in line with the trend is increased.4In the early hours, the market rebounded significantly this morning, but its strength was limited. In addition, after yesterday's heavy pressure and sharp decline, today's rebound recovery index still needs to go down. Therefore4This kind of rebound can only be seen as a repair during the hour. The recent repeated consolidation of crude oil asphalt is also brewing a wave of direction, with choices being indecisive and development being difficult. Once the trend is established, the future direction will become more rational. Today, the operation will remain high and continue to look for a correction.

Daily asphalt operation strategy:

　　1.Touching below4760Long on the front line, stop loss35Point, look at the target4830Near.

　　2.For more real-time market analysis, please pay attention to the author Li Wanxi's reputationjs6486know