Wednesday
Technical analysis of crude oil
Daily resistance 83.4, support below 77.5
Four-hour resistance 82, support below 80.7-79
Crude oil operation suggestions: Crude oil rebounded twice yesterday and was blocked at the 81.8 mark, and then closed with a volatile decline. The overall price showed a short-term stagflation pattern near the 81.8 mark. At present, the support strength near the 4-hour neckline of 79.7-79.5 will be further tested below. At the same time, the upper short-term resistance focuses on the 81.5 line. If the intraday rebound is under pressure at this position, you can go short once and look at the volatile decline. The overall price relies on the 79.7 support and the 81.5 pressure to maintain a high-selling and low-buying cycle.
(At the same time, beware of changes in the market, and there is also a warning of a sharp drop in the technical side)
SELL:80.7near SL:81.10
SELL:82.0near SL:82.40
SELL:83.4near SL:83.70
Technical analysis only provides trading direction!