Yuwenlu:5.15Analysis of the trend of spot crude oil prices

Yuwen Lu is currently unclearcrude oilIs the previous sharp decline a retracement of this year or the beginning of adjustment? The previous decline47Later on, the market held strong expectations for bulls as the annual line closed well. In theory, there is still a new high this year, but the price rebounded53.7At that time, there was once again a significant adjustment, falling below the starting point once again47According to the trend principle, it is a fluctuating downward trend, so the previous sharp drop was43.7At that time, many investors went short, but the market turned sourVType, a few days before last week47Correction for oscillation due to obstruction below, WednesdayEIAThe data has finally broken through the upward trend, which is a victory for short-term bulls. In addition, the price has broken through the downward trend line, suppressing the short-term crude oil trend43.7The rebound has begun, but it is worth noting that the question of whether the midline is oscillating downward or whether this year's adjustment has ended has not been resolved. Of course, short-term operations do not need to consider these factors, and the upward trend of the hourly line is still present. There is still some upward space at the beginning of the week, and the pattern is showing a gradual upward trend. Therefore, Yuwen Lu suggests a pullback to continue to buy long crude oil.
　　
Support position:47
Resistance level:49
　　
Given by Yuwenlu5.15Crude oil operation suggestions
　　
　　1、48.3——48.5Layout of empty orders near the US dollar, target47.7——47.4Stop loss0.4USD,
　　2、47.3——47.5Multiple orders placed near the US dollar, target47.9——48.2Stop loss0.4USD,
　　
Solemnly declare: (Due to differences in platform locations and delays in online publishing, the above suggestions are for reference only and risks are borne by oneself),This article is written by Teacher Yuwen Lu. Contact information: 1749880786. Exclusive planning by the analyst team, please indicate the source when reprinting. I interpret global economic news, analyze global investment trends, and provide insights into crude oilgoldThere is in-depth research on commodities such as silver. The above content is for reference only. Investment carries risks and caution is required when entering the market. If the operation of setting and locking orders is not ideal, you can communicate and exchange ideas with yourself.