Crude oil market analysis:
Crude oil has started to fluctuate and repair, and it is still hovering in the same position in the short term. We are still bearish on crude oil and continue to sell on rebounds. The recent crude oil daily line may enter a new range of fluctuations. The rebound is our opportunity to sell again. The moving average of crude oil has begun to line up. If there is no fundamental support behind, crude oil is likely to fall again. Crude oil can be sold directly if it rebounds to 67.50 today.
Fundamental analysis:
The ADP profit buy announced yesterday made the market more optimistic about non-agricultural expectations today, and the ADP result was -3.3, which greatly exceeded market expectations and results.
Operation suggestions:
Crude oil---Buy near 67.50, target 65.00-63.00
Crude oil has started to fluctuate and repair, and it is still hovering in the same position in the short term. We are still bearish on crude oil and continue to sell on rebounds. The recent crude oil daily line may enter a new range of fluctuations. The rebound is our opportunity to sell again. The moving average of crude oil has begun to line up. If there is no fundamental support behind, crude oil is likely to fall again. Crude oil can be sold directly if it rebounds to 67.50 today.
Fundamental analysis:
The ADP profit buy announced yesterday made the market more optimistic about non-agricultural expectations today, and the ADP result was -3.3, which greatly exceeded market expectations and results.
Operation suggestions:
Crude oil---Buy near 67.50, target 65.00-63.00
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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.