Crude oil market analysis:
The recent crude oil has been delivered. The new contract is relatively strong at present. Yesterday's daily line closed with a positive line. In the short-term bottom shock, we are still bearish on crude oil today. We continue to sell. The large pattern suppresses around 65.30. The daily moving average suppresses around 65.700, which means that buying needs to break this position to reverse. Today's crude oil is suppressed at 63.90.
Operational suggestions:
Crude oil---sell near 63.90, target 60.00-58.00
The recent crude oil has been delivered. The new contract is relatively strong at present. Yesterday's daily line closed with a positive line. In the short-term bottom shock, we are still bearish on crude oil today. We continue to sell. The large pattern suppresses around 65.30. The daily moving average suppresses around 65.700, which means that buying needs to break this position to reverse. Today's crude oil is suppressed at 63.90.
Operational suggestions:
Crude oil---sell near 63.90, target 60.00-58.00
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.