Baishan Weiye official website information-crude oil has a high probability of closing positive on the weekly chart

Crude oil closed a negative line yesterday. The negative line will sweep away investors who are more aggressive in chasing bulls on Monday and Tuesday. However, this daily line not only has a longer upper shadow line but also a longer lower shadow line. This daily line can be defined as a rising process. During a washout, the strong support is likely to be nearby. If it reaches the point after a backlash and most investors dare not go long, then the main force will have achieved the purpose of the washout.
At present, yesterday's daily line will not affect the weekly closing. The weekly closing of the positive line of crude oil is still a high probability event. Therefore, the market tonight and on Thursday and Friday still have to obey the weekly trend, which means that whether it is bullish or bearish, low and long suggestions will be given in the evening. Through the small cycle, we can see that the daily moving average below the hour level will still have a certain reference value. Yesterday’s lowest point was. If you want to operate again today, you can still go long nearby. The approximate entry point is at , the first target above is to see yesterday's high point, the target level of the band is still the maintenance point, and the short-term stop loss can be set below the strong support.
In terms of international crude oil, U.S. crude oil monthly futures closed lower at USD/barrel on Tuesday, hitting an intraday low of USD/barrel and closing at USD/barrel. Brent crude oil monthly futures closed higher on Tuesday, with gains hitting an intraday high of USD/barrel at USD/barrel.
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