Wentai Dianjin;8.3Crude oil returns to high point twice in the evening without breaking50！

     According to foreign media reports, Kuwait is committed to maintainingcrude oilThe output is27010000 barrels/Day. Kuwait Oil Company will8Provide two loading capacities to Vietnamese refineries on a monthly basis200Ships with 10000 barrels of crude oil, Kuwait's oil exports to Vietnam will not violate OPEC production reduction agreement
     Technically speaking, crude oil collected a large bearish candlestick on Tuesday, ending the six consecutive bullish trend of oil prices and once again moving away from it50At the level of the US dollar, it seems that this is a second upward trend after a correction of a pullback. Previously, the teacher had been warning that if the oil price rose too much, it would be affected by bull selling and face a pullback, and this is indeed the case. every other dayAPIas well asEIABoth data are negative, whileEIAAdvance layout49.2The empty position is also a perfect take profit elimination. Meanwhile, from the trend of oil prices the next day, it can be seen that influenced by two major data points, oil prices have been tested twice48.5The resistance level has stopped falling and rebounded, indicating that the support level is strong enough. As long as oil prices can hold their position and continue to lean towards a bullish trend in the future, only oil prices can remain stable50Only after reaching a major milestone can the next goal be determined. Looking at the overnight oil price, which has stopped falling and rebounded continuously after four hours, it can be seen that the bulls are still strong.
    Today's crude oil opened in the morning Asian session49.54Afterwards, it continued to decline slightly, reaching its lowest point at49.1frontline. After yesterday's pullback in oil prices, it indicates the presence of strong support levels below. Indeed, after a wave of correction, oil prices rebounded strongly, reaching their highest point so far49.86Therefore, it is recommended that everyone not blindly bearish.

Suggestions for operating crude oil at night;
   proposal49.7Short position near the US dollar, stop loss49.8, Objective49.4；
   Suggest falling back to49.4Long position near the US dollar, stop loss49.1, Objective50
  The above strategies are not timely, and the points on each platform are different. Please use them carefully to avoid unnecessary losses. "Follow up operations, please add contact information and leave a message, everything is subject to actual operations." Investment is risky, and caution is required when entering the market; The above only represents personal opinions and is not used as a basis for operation. The risk is borne by oneself! text/Wentai Dianjinwtdj666