Li Wanxi:9month6Analysis of crude oil asphalt market and evening operation suggestions

Li Wanxi:9month6crude oilAsphalt market analysis and evening operation suggestions

As major oil producing countries compete for market share, massive amounts of crude oil constantly flood into already crowded markets, leaving oil prices unable to recover their former glory. Although the excessive inventory of crude oil and gasoline now seems to point to a desperate oversupply in the market, it is important to note that the market may soon miss the current state of oversupply. Several crude oil analysts believe that due to the fact that the main oil producing countries have approached the limit of maximum production capacity, this actually indirectly reflects the much more tense supply of crude oil at present than on the surface.

Yesterday, there was a rise followed by a decline, and the bullish market had a strong upward momentum. The daily chart finally recorded a barefoot strong positive, with prices under pressure below the five week moving average. Bollinger intended to shrink its position,MACDThe momentum of the dead cross is also slowing down, with the green bar shrinking and the random indicator of the golden cross rising. The daily trend is not bearish, and it is difficult to see profits unless there is a large amount of space to short.4On an hourly basis, prices have stabilized above the five week moving average, and the Bollinger Bands have shrunk and declined,MACDThe golden cross extends upwards, the red bar increases in volume, and the random indicator preliminarily crosses downwards,4From an hourly perspective, there is no clear direction guidance, and after sorting, the direction will be determined. However, currently, bulls are not in a dominant position because they do not support quantitative analysis. After a consecutive rise in oil prices, there has been a strong trend, but there is heavy upward pressure, coupled with the overall price maintaining a downward channel, so oil prices continue to remain high in trading today. If you want to achieve stable returns in the spot investment market while taking good risk measures, it is recommended to choose an analysis team that sincerely helps you and add Li Wanxi's risk information groupjs6486I will help you make money in this market.

Evening crude oil strategy:45.8Short selling, stop loss0.4Point, look at the target44Near.

Evening asphalt strategy:4430Short selling, stop loss35Point, look at the target4250Near.

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