Analysis of Upward/Downward Trends in Monday's Opening Market

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Analysis of Upward/Downward Trends in Monday's Opening MarketWTI CRUDE OILTVC:USOILAshburBoosted by the telephone conversation between leaders of the world's two largest economies, oil prices maintained their upward momentum on Friday. Brent crude stabilized at around $65 per barrel, notching its first weekly rebound since mid-May; WTI crude also held near $63. "Against the backdrop of gradually easing macro uncertainties, the risk of panic selling in the market has significantly diminished," analysts said. "With the arrival of the summer peak demand season and the superimposition of geopolitical tensions in the Middle East and Russia, the downside for oil prices has been notably constrained." The recent steady rebound in oil prices indicates that the market has gradually digested macro uncertainties, though the underlying supporting factors remain fragile. While trade concerns have temporarily subsided, whether OPEC+ will continue to release capacity as expected by the market will be key to determining whether oil prices can sustain their rebound. Meanwhile, the options market reflects expectations of a year-end supply glut, which will test the coordination capabilities of oil-producing countries. Overall, for next week's crude oil trading strategy, it is recommended to prioritize buying on dips and supplement with shorting on rebounds. In the short term, monitor resistance at the $66.0-$67.0 level, while short-term support lies at the $63.5-$62.5 level. Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term. Trading Strategy: buy@62.0-62.5 TP:64.5-65.0