Crude oil: Sell around 65.00, target 63.00-60.00

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Crude oil: Sell around 65.00, target 63.00-60.00Crude Oil FuturesNYMEX_DL:CL1!Financialfreedom11Crude Oil Market Analysis: Investors have been confused over the past two days. Why has the price started to rise, if not bearish? The daily chart shows it's not rising, but merely a technical rebound. Today, short positions around 65.00 are acceptable. Crude oil's short-term selling trend is unlikely to change, and rebounds are selling opportunities. Crude oil faces resistance at 65.00 and 67.00, and the 30-day moving average on the daily chart is also holding near 65.00. Fundamental Analysis: Market fundamentals are ever-changing. While we can manage large fluctuations during data releases, we cannot avoid sudden fundamental fluctuations. Therefore, every trade should be executed with a strict stop-loss. Trading Recommendations: Crude oil: Sell around 65.00, target 63.00-60.00