The following strategies represent personal views only and are not used as a basis for making a single decision
WTI Crude Oil
Crude oil continued the crazy upward trend, yesterday and then a new high, the daily level of the moving average is a bullish upward arrangement, still expected to further raise the price, the hourly line yesterday's high appeared a top divergence signal, the price also took advantage of the momentum to slide sharply, at present we are still looking forward to a wave of abc central structure, c wave depth at about 83.1, and then look at the bulls.
screw thread
Yesterday from the large cycle of M top pattern said the thread nearly two months of pullback trend, today talk about the micro pattern, the rebound process of the current market on the hourly line, a wave and b wave to finish, c wave open, after which the market is expected to continue to decline. For 15 minutes, the b wave is a platform adjustment wave that is a strong B wave, after which it will often form a C wave with the same structure, then the short point can be more accurately placed in the fifth wave of the C wave, so that the stop loss is the smallest and the profit opportunity is greater.
coke
The coal system has also opened a rebound road recently, but the rebound here is mainly the bears taking profits, the short positions are closed to make up for the bulls, and the volume of transactions is decreasing and shrinking, which also leads to a lack of rebound, which may be stopped. Of course, the most appropriate is to wait for the rebound structure of abc to come out, and strategically maintain the mainstream high-altitude thinking.
palm oil
Palm oil last night's upward impulse led to a little change in the technical side, the daily line to see the decreasing volume, coupled with macD is expected to end the rally market, temporarily not very discerning trend. The hourly line went through a wave of five-wave structure, instead of the ABC three-wave non-push rally we expected, and formed a gold golden cross, the volume has also improved, the bulls have slowly entered, and the lower break we expected to break the 9517 line has not appeared, so it is not appropriate to go short. If today's daily level can continue to increase the volume, the volume surges, then this wave of short-term correction is most likely over, although the thunder and rain are small. There is no suitable opportunity for the strategy for the time being, which needs to be confirmed by the market, and the short-term level is not recommended to enter the market, because palm washes are still very frequent.
soy sauce
The shape of soybean oil is more similar, macd forms a golden cross, the rebound structure is pushed by five waves to replace the rebound of abc, so that the short order does not enter the market for the time being, and the short line waits for the three-wave pullback structure to do low, as shown in Figure 1, in this case it will break the previous high. Of course, the small probability event is the main push of the market in the process of pullback, down through the previous low, then a larger level of C wave pullback open, as shown in Figure 2, after this situation occurs, the market also has a high probability of returning to the main ascending structure.
soda ash
The daily level bears of soda ash are still strong, the rebound is weak, and the current volume continues to fall, and there is no stable support point nearby, so try to avoid the bulls. On the hourly line last night, the session failed to fall below the previous low, so we look at the retracement of the b wave, break the previous low before 2740 and then look at a wave of rebound C wave, and then expect to walk out of the main fall of the fifth wave, and the strategy is mainly short on the high.
methanol
Methanol into the short-term shock, 3264-3163 of the narrow rectangular oscillation, the current price has slightly probed out of the bottom of the box, then the future market we are still looking forward to further breakthrough of the previous low, at least a new low, in the process of crude oil pullback methanol is also expected to take advantage of the short-term opportunity to open the main fall. The strategy is to go short according to the bottom of the box, or the high of the small level bounce abc.