20160229 "free finance" crude oil asphalt operation suggestion

"Market Review"

WTI crude oil closed last week at $32.86/barrel, up more than 10% per cent; Brent crude traded at $35.15/barrel, up more than 5%. Spot asphalt Friday opened in 1491 Yuan, the Asian plate period of narrow concussion, Europe and the United States to 1576 Yuan concussion, reported to close at 1483 yuan. Spot crude oil opened in Friday at 215.94 Yuan, up to 226.66 yuan, Europe and the United States on the upward, eventually closed to 214.64 yuan.

"Fundamental analysis"

Lee-

The United States to February 26 when the weekly oil drilling total less than expected.

Negative

Four oil-producing countries, including Venezuela, Russia, Saudi Arabia and Qatar, will meet again in mid-March to discuss measures to stabilize the market. But in the past two weeks, oil prices continued to fluctuate as investors assessed the prospects for the four oil-producing countries to announce an agreement to freeze crude production at the January level. But Iran has said it wants to increase production until it reaches about 4 million barrels of Nissan before the sanctions, and the Saudis have made it clear that there is no chance of a cut.

Focus on Today

23:00 U.S. January Contract Sales Index monthly rate

"Technical Analysis"

On the day line chart, the last trading day received a long upper shadow line of Yin Line, on the trading day again tested 60 daily average line. Figures indicator MACD Long shrinkage is not obvious, dif and dea upward divergence; the Kdj overbought area has a slightly upward trend. The main supporting support is near the 10th EMA 31.90, above the main pressure is near the 60 daily average line 33.10. Operation ideas are based on interval operation.

"Action policy"

Spot Asphalt

MORE: Radicals See 1440-1460 light cang more, stop loss 1440 below, target 1500, broken position see near 1550.

Null: First 1550-1570 high air, stop loss 1570 above, target 1500, broken position see 1450-1430. Volume falls below 1430 Chase, stop loss 1440 above, target 1380-1360.

MORE: Radical 210-208 light warehouse more, stop loss 208 below, target 215, broken position see 218-220.

Empty: Radicals See 220-225 high empty, stop loss 225 above, target 215, broken position to see 208-; volume below 206 chase, stop loss 208 above, Target 200.

20160229 "free finance" crude oil asphalt operation suggestion