What breakthrough of oil market could lead to? further upward pressure or bull traps?
@程俊Dream:
After nearly a month's seesaw, the crude oil market finally made progress. American oil successfully stood above the highest position of 83.50 this year. My Previous judgments agree that bulls will make small progress. However, although the oil price is gaining momentum, the key resistance level on the 93/94 line cannot be ignored. Unless other risky assets can go further, pay attention to the possible bull trap caused by the surge and fall.Oil prices have been continuously boosted by good news in previous months, mainly due to OPEC + 's production reduction operation, which is equivalent to artificial restrictions from the supply side. Even if the transmission effect of this good news is diminishing, because there is no other negative news in the market itself, oil prices can still keep r