Crude oil market analysis:
Trump's tariff policy has greatly stimulated crude oil, causing it to plunge all the way. At present, it has fallen to the bottom of the previous plunge again. We estimate that there will be a small counterattack at this position. The rebound is our opportunity to sell again. The idea of crude oil follows the general direction. Pay attention to the suppression near 62.20. The daily line shape shows that it will go down.
Operational suggestions
Crude oil------sell near 62.20, target 60.00-58.00
Trump's tariff policy has greatly stimulated crude oil, causing it to plunge all the way. At present, it has fallen to the bottom of the previous plunge again. We estimate that there will be a small counterattack at this position. The rebound is our opportunity to sell again. The idea of crude oil follows the general direction. Pay attention to the suppression near 62.20. The daily line shape shows that it will go down.
Operational suggestions
Crude oil------sell near 62.20, target 60.00-58.00
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.
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.