USOIL: Crude oil analysis and planning
Updated
Last Friday opened 89.5, went up to 90.3 and then fell back up again at 89.7 to be supported, crossed the previous high of 90.3 to 91.2, which is near the upper edge of the adjustment range said before, the price fell as scheduled, was supported at 89.2, 91 short orders gained more than 10 points last week, and rebounded to 90.4 after being supported. The last line was pulled in at 90.2, and the day line recorded a small Yang of a long shadow line.
The crude oil adjustment level now comes to the 4-hour level, the adjustment range is 91.3 to 88.4, because the adjustment level has just been expanded from the 1-hour level to the 4-hour level, and it is still much lower in this range today.
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