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Crude oil continued to be volatile in the short term
Fundamental summary: the performance of risk assets in overseas markets is still volatile under the dominance of macroeconomic factors, the market after the European Central Bank raised interest rates as scheduled and the United States released the third quarter GDP data, risk appetite once recovered, although the United States GDP rebounded in the third quarter, but the fear of recession did not disappear, the dollar first weakened, oil prices also continued to rise in this context, Brent crude oil once returned to $95, but then the market sentiment cooled again, the dollar eventually strengthened, and oil prices also fell from the high, At the macro level, the market is cautiously watching for some potential changes in the Fed's interest rate hikes, which has also caused intraday performance such as the dollar and crude oil to oscillate with changes in investor views
Operation suggestion: crude oil 12 contracts look at the intraday operating range between 681-701, short-term maintenance between 700-670 in the pressure area, the overall maintenance of shock pressure pattern, short-term downward is also difficult, trading on the short-term high and low flat
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