The subsequent direction of crude oil

The rebound of crude oil has strengthened again, and the 80.8 support node has begun to rebound. The current increase has reached 82.8, correcting yesterday's unilateral downward trend.

However, if the current rise in crude oil cannot break this week's high of 85, it will be more likely to fall to a new low.

The daily MA5 moving average and MA10 moving average moved down to 83.3 and 84.3 respectively.

To put it simply, if crude oil cannot rise to around 85 again, it will fall below 80.
Crude oil continues to be bearish in the short term.

Stay tuned for continuous updates of posts.

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Comment:

The support level keeps moving downwards

Comment:

81-83