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< 3. News
< 3. In the European session on Wednesday, crude oil fluctuated slightly from the low level in the Asian session, mainly due to the Kuwaiti oil workers The strike is over and the sharp increase in crude oil inventories has disappointed the market. Ctrip has given guidance and the market is waiting to see the data released tonight. The cloud that the Doha meeting failed to reach an agreement to freeze production returned to the crude oil market. As of Beijing time: crude oil extended its decline, with Brent crude oil extending its decline to $3.00/barrel.
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< 3. International oil prices have risen for the past two days, mainly due to the three consecutive days of strikes by Kuwaiti oil workers, which halved the country's daily oil production and dissipated the pessimism of the Doha Movable Assets Conference. However, according to Kuwaiti media reports, the Kuwait Petroleum Union ended the strike on Wednesday local time. International oil prices failed to extend the gains of the previous two trading days on Wednesday (June 2), opening sharply lower and then hovering at a low level.
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< 3. In addition, the American Petroleum Institute released data on Tuesday (July 2) showing that the increase in crude oil inventories in the week of March was larger than expected. U.S. crude oil inventories increased by 30,000 barrels in the week of March, and an increase of 10,000 barrels is expected.
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< 3. Technical analysis of spot asphalt
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< 3. Judging from the daily chart, two positive pillars have been closed in a row, and the Bollinger Bands are on the middle track. Slowly flattening, although the indicators in the attached picture are temporarily biased towards the bullish trend, the deviation is obvious, R is hovering at a high level, and comprehensively, there is a callback demand in the short term. Before the data is released, Ctrip Dianjin recommends rebounding mainly to high altitudes near last night's high. Ctrip’s Dianjin guidance, as we can see, was affected by the production freeze meeting and opened a few points lower on Monday. However, the failure to reach an agreement on the production freeze at the Doha meeting did not discourage the bulls. The bulls broke out due to the perfect data. In these two days Tianjin rebounded sharply and successfully filled the gap. The bulls showed great tenacity. Even so, the negative impact of the data in the morning has made the market tend to rise and fall back, so focus on the data in the evening.
< 3. Look at the one-line short stop loss target above the asphalt
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< 3. Look at the 3-point long stop loss target below the asphalt
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