Over the past weekend, conflicts in the Middle East shook the market, and oil prices jumped on Monday (October 9). News from Israel has been dominating Asian markets, with the usual safe havens finding bids. Oil prices led the gains, with Brent and U.S. crude rising as much as 5%, at a time when oil prices retreated slightly.
It is recommended that crude oil rebounds from 86.2-86.7 and shorts in batches, with a stop loss of 87.3 and a target of 84.7-83.0; hold if the position is broken;
It is recommended to go long in batches when crude oil hits 83.5-83.0 for the first time, with a stop loss of 82.5 and a bullish target of 84.2-84.8;
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