US crude oil short-term trading suggestion: fluctuating downward, sell on rallies

汇通财经2026/04/15 02:13

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

(1) Analysis reasoning: The anticipation of US-Iran negotiations eases supply concerns, leading to a pullback in oil prices as the geopolitical premium continues to correct; meanwhile, the resumption of traffic through the Strait of Hormuz weakens market tensions. A weaker US dollar provides some support, but there has been no significant improvement in demand. In addition, technical indicators show a break below the previous key level of $95, suggesting short-term weakness and range-bound volatility, with possible repeated movements within the range.(2) Key concerns: Geopolitical situation, inventory data, US Dollar Index(3) Resistance: 92.00, 95.00, 100.00(4) Support: 87.00, 85.00, 82.00

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

On Wednesday, approximately four-fifths of the constituents in the Russell 2000 Index recorded declines. Since its peak in August, the index has dropped by 11%, falling below its 200-day moving average and entering a technical correction for the first time since March this year. Analysis indicates that with the US CPI rising more than expected and the probability of rate hikes increasing, small-cap, consumer, and transportation stocks are facing "sustained and long-term resistance."

华尔街见闻•2026/10/14 23:26

Inflation and interest rates hit simultaneously, Russell 2000 plunges 11% from August high, marking its first technical correction since March

With both inflation and interest rates rising, the Russell 2000 has fallen 11% from its August peak, breaking below its 200-day moving average and recording its first technical correction since March.

智通财经•2026/10/14 23:16

Tesla (TSLA.US) and SpaceX (SPCX.US) merger countdown? Barclays: Announcement possible this year, obstacle lies in shareholder voting

Barclays analysts stated that a potential merger between Elon Musk's Tesla and SpaceX could be announced before the electric vehicle manufacturer's annual shareholder meeting.

智通财经•2026/10/14 23:06