Zhang Yiqiao:10month24The Japanese crude oil market is a mystery of long and short positions, with crude oil being mainly short before breaking the level

　　Zhang Yiqiao:10month24daycrude oilThe market is a mystery of long and short positions, with crude oil being the main short selling option before breaking the level

When investors or media panic, it's your investment opportunity


Crude oil market, mixed with bullish and bearish news this week, US crude oil is hitting new highs15After reaching a new high for several months, there has been a slight decline, but we still hold on to it50Above the integer level of the US dollar, the market is relatively optimistic. But major market analysts believe that if oil prices fall below first50The US dollar may have a significant downward impact on oil prices.


On the news surface, this week's positive statement by Saudi Arabia's oil minister on production cuts helped further push up oil prices, believing thatOPECAnd nonOPECWe will act together, now until11The specific quantity of production reduction will be determined on a monthly basis, and in the short termOPECIntervention in the oil market is reasonable;However, the reason why oil prices have fallen again is because the market also believes that:OPECThe decision to intervene and tighten crude oil supply has indeed played a role in turning the tide, but whether reducing production can drive oil prices to continue rising remains to be seen. The mixed market sentiment of long and short positions creates opportunities and risks for both oil price fluctuations. Market volatility is flexible. Please be cautious when opening next week or add WeChat directlyzhyq505Contact Teacher Zhang Yiqiao. If you are confused about next week's market situation and do not know how to proceed, please add the author's authorityzhyq505For your objective and calm analysis.


Technically speaking, oil prices have not broken the current range42-52The US dollar, therefore, forms more of a wide range of internal oscillations, and a pullback at the top of the range is a normal market reaction. Therefore, the current trend in the technical chart is a pullback at the top of the range, and if this decline does not have significant positive effects to stimulate oil prices to break through, the author suggests thatzhyq505It is recommended to continue short selling as a whole in terms of operations, with short and long options being suitable;


Author: Zhang Yiqiao