Short-term trading suggestion for US crude oil: trade within the range, buy on dips, sell on rallies.
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(1) Analysis: The temporary easing of tensions in the Middle East has caused oil prices to retreat, but the risk of supply disruptions remains unresolved, and the market continues to worry about shipping through the Strait of Hormuz. Meanwhile, the temporary weakening of the US dollar has eased pressure on oil prices, but inflation expectations remain uncertain. Technically, after spiking and pulling back, oil prices have entered a consolidation range. Short-term bullish and bearish divergence has increased, and prices are expected to fluctuate within the range.(2) Key focus: Geopolitical developments, inventory data, US Dollar Index(3) Resistance: 92.00, 95.00, 100.00(4) Support: 90.00, 85.00, 80.00
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