67.70 is a high probability of the short-term bottom support point

There is still repeated confirmation in the short term, but 67.70 is a high probability of the short-term bottom support point, around the structure of the bottom rally above 67.70. The hour chart may be accompanied by the second step back, and the operation should be adjusted lower after the step back is stabilized. On the whole, the crude oil opening operation idea next week is suggested to mainly step back low, supplemented by a rebound high, above short-term attention to 73.0-74.0 line resistance, below short-term attention to 71.0-70.0 line support.

Is the Rebound in Oil & Gas Sustainable?

Oil and natural gas prices rose sharply Monday after BP said it would pause all shipments through the Red Sea because of increased attacks on commercial vessels by Houthi militants from Yemen. -----------

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