Xu Wenying:10month18Japanese crude oil depot inventory is again bearish, and crude oil support resistance judgment

Xu Wenying:10month18daycrude oilInventory again bearish, crude oil support resistance judgment

During this period, due to the lack of substantial progress in the production freeze agreement, including the reluctance of oil producing countries such as Russia, Iran, and Nigeria to limit production, oil prices have been in a weak decline since reaching a new high at the beginning of the month. Moreover, with the continuous release of "smoke bombs" by various oil producing countries, the oil market news is relatively chaotic, without a clear bullish trend.

Against this backdrop, it is expected that oil prices will continue to experience short-term inter community fluctuations51US dollar suppression, take a look49Low support before the US dollar. Look at tomorrow'sAPIandEIAInventory should bring short-term stimulation to oil prices. Tomorrow morning, we will welcome the United StatesAPICrude oil inventory data, the current value before crude oil inventory is268.9Ten thousand barrels.

The data bearish crude oil prices last week also led to a relatively rapid decline in crude oil prices. It is expected that the data will also provide some guidance for crude oil tomorrow. In the past two days, there has been a fierce competition between long and short positions in the market, and it is expected that after the data is released, the market will have a choice in direction. At present, the main pressure above is located51USD, with the lower part located at49USD.

Before tomorrow's data, investors can maintain a wait-and-see attitude and pay attention to crude oil prices. After the data is available, they can choose the direction to operate. If you still don't know how to develop an investment plan, you can contact the author Xu Wenying Weixin:yxx344I will make a trading plan suitable for you based on your trading habits.

Understand the direction and seize the mainstream. It is difficult to cope with the affairs of the world without considering the situation of the world. The direction is the guiding light for the small and scattered people, and the soul of the scattered people. The right direction leads to profits, but the wrong direction leads to losses. After all, it's not difficult to make asphalt, as asphalt trading is actually the direction of buying and selling. When God closes a door, he also opens a window, and opportunities always belong to those who are prepared and take immediate action.

Xu Wenying(wechat numberyxx344)Xirui bulk analyst.