Li Qixuan:10month24Is it still possible for spot crude oil to rise if it is due to the reason why crude oil opened low and fell low

　　
Li Qixuan:10month24What caused itcrude oilIs it still possible for spot crude oil to rise if it opens low and moves low

Li Qixuan Weixing:yam536

　　The direction of crude oil prices has always been a topic of concern for market investors, but what will be the direction?From the current situation, there is a possibility for crude oil prices to continue to decline. After the rapid rebound last Friday, why did crude oil open low and move low this morning?The market is nothing more than long and short trading, neither long nor short, neither short nor long. The game of long and short is actually a secondary distribution of profits and a re planning of wealth, either reveling in profits or disappearing in stop losses. Many investors encounter an awkward problem, which is to have short orders in hand when rising, and to find multiple orders in hand when falling. The set stop loss happens to be in seconds, and the unset stop loss happens to be trapped. Faced with such a unpredictable investment market, no one leads you, and you will inevitably take many detours.(Add micro apricotsyam536)Teacher Li Qixuan won't guarantee that you won't take a detour, but I can promise to do my best to make sure you don't take any detours. If you are willing to believe me, then contact me!



In fact, there was some pessimistic news in the crude oil market over the weekend. On Sunday, the head of the Iraqi Oil Marketing Organization, Alamri, stated that Iraq(Including the Kurdish region)9The crude oil export volume for the month is387.110000 barrels/Day. And emphasize that Iraq will not reduce crude oil production. Alamri stated that there is no doubt that Iraq's crude oil production has exceeded47010000 barrels/Day. However, no matter what, Iraq will not reduce production in any way, let alone participate in itOPECOr any production reduction plan of any other organization.



Based on the current situation, Iraq has expressed unwillingness to joinOPECplan11month30The production restriction agreement discussed in Japan has directly led to a decline in oil prices. ifOPECIf Iraq, the second largest oil producing country, does not participate, it will be difficult to achieve the production reduction target.



Since that's the case, there's no reason why crude oil doesn't fall. The current crude oil market mainly needs to pay attention to the position of today's short selling gap4770In the face of nearby pressures, Li Qixuan believes that it will also be a good place to short crude oil levels. If nothing unexpected happens, short selling here will bring some benefits. It is recommended that investors maintain the mentality of continuing to short at high levels.



Both novice investors and experienced traders need to learn theoretical knowledge and never stop learning trading skills. As the saying goes, "there is no end to learning". There are many excellent theories in the investment industry that investors should learn and apply. Investors should not blindly cover their eyes and should not humbly learn other investment techniques.

Author/Li Qixuan Weixing:yam536