Recently, oil prices have fallen to a certain extent due to multiple factors. This article will delve into the main factors affecting oil prices, including increases in crude oil inventories, + policy expectations, and the impact of geopolitical events on the market. From a technical point of view, it is still in a volatile decline, and the rebound is still dominated by short selling.
as the picture shows;
Strategic suggestion: short around 80.3-80.5 above crude oil, sl 81, target around 78-77.
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