Hello everyone. At present, crude oil continues to fluctuate at a high level on the daily trend, and the short-term moving average is basically in a flat state, tending to continue to maintain a relatively volatile trend in the short term. Currently, the 4-hour trend continues to fluctuate at a low level, and the K line continues to be under pressure. The short-term moving average maintains a slightly weaker trend. The bottom rebound after the U.S. market yesterday has continued, and the current range on the hourly level has been compressed very little. The current resistance is around 81, forming a short-term downward trend. So today we rebound and need to sell
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.