Oil distribution: low level continuous vibration

The oil distribution remained volatile around 109.670. Russia's reduction of European natural gas supply may lead to the collapse of the energy market, which is no less influential than the financial crisis triggered by Lehman Brothers.

According to the 4-hour chart, the bearish power continued to fluctuate downward in the middle and lower rail section of the brin zone index channel. The low level continued to fluctuate for a short time, and began to move downward in the short term. The brin zone index showed a good dynamic trend of moving downward. The MACD index was in the short area, and the low level maintained consolidation and translation, and the RSI index was in the short area, and remained weak;

Multi empty turning point: 110.546

Pressing position: 111.902, 113.361

Support position: 108.461, 107.190

Trading strategy: bearish below 110.546, target 108.461, 107.190

Alternative strategy: bullish above 110.546, target 111.902, 113.361