12.9 Tuesday Crude Oil Morning Thoughts

Current crude oil price is 58.620, showing characteristics of a short-term rebound after hitting a low of 58.540 and quickly recovering, reclaiming the positions of the 5 and 10-period moving averages, forming a stable K-line pattern at a low point. The support zone of 58.540-58.577 has been validated, and the bulls are welcomed with a short-term counterattack window.

Current Price Operation Suggestions

At the current price of 58.620, directly take a light position to go long, with a stop loss at 58.50, and initially target 58.700. After breaking through, aim for the 58.80-58.90 range. #原油