Short continuation

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snapshot

Crude oil broke straight down yesterday, with the high point at 81.0, the lowest point at 77.0, and the closing price at 77.11. The daily level includes a big negative line. The high price did not break the previous high, but the low price broke the previous low, showing a downward trend. The daily line of crude oil showed an N-shaped downward break pattern on the general trend, and the market outlook continued to be bearish.

Crude oil shorts have broken through to open up space, and the short-term outlook is expected to continue. Short-term resistance levels focus on the 78.6-79.5 and 75.0-74.0 support levels.
Transaction en cours
Commentaire
76.4
Commentaire
74.91
Transaction en cours
Commentaire
snapshot

Crude oil prices continued to break down yesterday. After encountering resistance at 77.5, oil prices quickly broke down and further set a new low of 74.932. The bearish sentiment continued in the market outlook.
Pay attention to the resistance level 77-77.5 and the support level 73.7-73.0.
Transaction en cours
Transaction en cours
oilpriceoilsignalsoiltradingSupply and DemandSupport and ResistanceTrend AnalysisCrude Oil WTIwticrude

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