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. -----------

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":253700503015432,"tweetId":"253700503015432","gmtCreate":1702960460269,"gmtModify":1702960465111,"author":{"id":9000000000000584,"idStr":"9000000000000584","authorId":9000000000000584,"authorIdStr":"9000000000000584","name":"FranklinMorley","avatar":"https://static.tigerbbs.com/41438e43bc06f3d850c94c7d80eb56cf","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":169,"starInvestorFlag":false},"themes":[{"themeId":"c67e64fc80d8480e9319b2c7086fa4b3","categoryId":"770db9836d2348e6a2ce970784159449","name":"Is the Rebound in Oil & Gas Sustainable?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":c67e64fc80d8480e9319b2c7086fa4b3}&rnconfig={\"headerBarHidden\": true}","description":"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.\n-----------","image":"https://community-static.tradeup.com/news/d98bc387c8dced70bd3fa07443fd842e"}],"images":[],"coverImages":[],"title":"67.70 is a high probability of the short-term bottom support point","html":"<html><head></head><body> <a data-mention-id=\"CLmain\" class=\"teditor-mention\" data-mention-name=\"WTI Crude Oil - main 2402\" href=\"https://ttm.financial/FUT/CLmain\">$WTI Crude Oil - main 2402(CLmain)$</a> <v-v data-views=\"0\"></v-v>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.</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"CLmain\" class=\"teditor-mention\" data-mention-name=\"WTI Crude Oil - main 2402\" href=\"https://ttm.financial/FUT/CLmain\">$WTI Crude Oil - main 2402(CLmain)$</a> <v-v data-views=\"0\"></v-v>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.</body></html>","text":"$WTI Crude Oil - main 2402(CLmain)$ 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.","highlighted":1,"essential":1,"paper":2,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/253700503015432","repostId":0,"isVote":1,"tweetType":1,"viewCount":202,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["CLmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":500,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/253700503015432"}