Oil distribution: continuous downward

The oil distribution remained volatile around 109.788. Recently, investors were worried that the tightening of policies by central banks would lead to a broader economic slowdown, and the rise in oil prices was rapidly retreating

According to the 4-hour chart, the short power continued to vibrate downward in the brin zone index channel, and repeatedly broke through the nodes of the middle and lower rail range during this period. There was no sign of final stop in the short-term short power. The brin zone index continued to move downward in a closing trend. The MACD index remained in the consolidation downward direction in the short zone, and the RSI index remained in the oscillation in the short zone;

Multi empty turning point: 110.546

Pressing position: 111.902, 113.361

Support position: 106.461, 107.190

Trading strategy: bearish below 110.546, target 106.461, 107.190

Alternative strategy: bullish above 110.546, target 111.902, 113.361