Yituo Finance-Meiyou inventory "fight" Oil prices rise and fall back

Yesterday, there was less heavyweight data, with Germany and the United Kingdom's economic data released during the afternoon European session showing overall good performance, while the United States showed better performance in the evening2month18The number of initial claims for unemployment benefits in the current week is24.4Ten thousand people fell short of expectations24Ten thousand people and former value23.4Ten thousand people, and the United States12monthFHFAThe monthly rate of the housing price index further decreased to0.4%In addition, the new US Treasury Secretary has announced that the tax reduction plan has been postponed until8The latest statement of the month,USD IndexSignificant callback10Near the daily moving average, the market is bearish in the future.
　　goldIn terms of aspect, the world's largest goldETF-SPDROur gold holdings are841.17Tons, due toUSD IndexPullback, coupled with a sharp increase in political risks in Europe, gold has broken the deadlock of recent narrow consolidation, with further impact in the future1250At the critical juncture, the overall bullish trend in the gold market is mainly a retracement.

　　crude oilOn the one hand, yesterday morning's announcement of the United StatesAPIReduction in crude oil inventory8810000 barrels support crude oil impact55The checkpoint, but it was announced early this morningEIAThe crude oil inventory data is not consistent withAPISynchronous decrease, slight increase56.4Ten thousand barrels, as a result, crude oil rose and fell, continuing to fluctuate and rise in the future.

Today we need to focus on Canada in the evening1monthCPIPerformance of data, as well as the United States2The final value of the monthly University of Michigan Consumer Confidence Index and1The performance of the annualized total sales of new homes after the seasonal adjustment, of course, will be announced in the early morning of the next day in the United States2month24The change in the total drilling volume of Baker Hughes in the current week also has a significant impact on crude oil prices, and investors need to pay attention to it.

Specific technical aspects:

Crude oil daily chart

Crude oil has recently broken through the upper edge of the entire range range, but is still hindered by55Nearby, while the moving average system shows a bullish pattern, with a bullish outlook for crude oil, which can be retraced5Daily moving average53.90Long nearby, stop loss53.50Stop surplus55。

Golden Daily Chart

From the above gold daily chart, we can see that gold has broken through1245The probability of further upward resistance level is high, and the main trend in the future is to retrace and go long. Light positions are available1245Long nearby, stop loss1240Stop surplus1270。

S&P500Index daily chart

Due to the Trump administration's delay in tax reduction plans, the US stock market experienced a narrow range of fluctuations yesterday, closing in a cross shaped pattern, indicating that the market is indecisive in both long and short directions. Currently, it is mainly a wait-and-see approach, waiting for a clear direction before entering the market.

Yituo Finance Analyst: Deng Pan