Mohicans markets：11.16-MHM European Perspective

Market Overview

On Wednesday, November 16, Beijing time, during the Asian/European session, spot gold fluctuated in a narrow range, at present, it is trading near 1774 dollars/ounce. The report that Russian missiles fell into Poland, a NATO member, causing two deaths touched people's hearts. The market's concern about the geographical situation has cooled, but after Biden said that the trajectory of the missile is unlikely to be launched from Russia, this concern has cooled, but both sides have concerns.

On the one hand, the market is keeping an eye on the relevant news of the geographical situation, and on the other hand, it starts to turn to the US retail sales data in October. This data has great market influence, commonly known as “terrorist data”. Although the US October PPI released overnight was weaker than expected, strengthening the market's expectation that the Federal Reserve will slow down the pace of interest rate increase, making the US dollar index once fall 1.4% to a new low in nearly three months. However, the decline of the US dollar index narrowed to 0.3% late Tuesday, indicating that there had been some bargain hunting in the US dollar.

In addition, investors need to continue to pay attention to the speech of Fed officials. The speech of Federal Reserve Chairman Bostock of Atlanta overnight was more hawkish, echoing the hawkish speech of Fed directors last Sunday, which slightly eased the downward pressure on the US dollar.

The market's concern about the epidemic situation in major Asian countries has increased, and the COVID-19 case continues to rise, triggering concerns about the decline of fuel demand in the world's largest crude oil importer, which overshadowed concerns about the escalation of geopolitical tensions and the tightening of oil supply.

This trading day, we need to continue to pay attention to the relevant news of the geographical situation and the performance of EIA crude oil inventory series data and US retail sales data.

Mohicans Markets strategy is only for reference and not for investment advice. Please carefully read the statement at the end of the text. The following strategy will be updated at 15:00 on November 16, 2022 Beijing time.

Technical Analysis

Change of CME Group's option layout (futures price in December):

1815 Bullish increased significantly, bearish unchanged, long target

1800 Bullish sharply reduced, bearish increased, long target, resistance level

1780 to 1785 Bullish sharp increased, bearish increased, long-short competition, and key range

1760-1770 Bullish declined, bearish sharply increased, short target area

1750 Bullish slightly reduced, bearish significantly increased, short target

1725-1730 Bullish slightly decreased, bearish significantly increased, support area, short target

Order flow key point marking (spot price):

1812 Resistance level

1800-1803 Resistance zone, long target, near 200 day moving average, call option bet

1786 Key resistance level of the day

1780 First resistance level of the day

1767 Key support of the day, may fall below the previous key support level of 1755-1753

1747 Important support, break position and be alert for further callback risk

1722 Support position

1712 CPI data rear lifting point, key support

Note: The above strategy was updated at 15:00 on November 16. This policy is a daytime policy. Please pay attention to the policy release time.

Change of CME Group's option layout (futures price in December):

22.50 Bullish sharply reduced, but stock was large, bearish unchanged, long target

22 Bullish increased significantly, bearish increased slightly, long target

21.75 Bullish decreased, bearish decreased slightly, resistance level

21.5 Bullish slightly reduced, bearish increased, short target

21.25-21.3 Bullish increased, bearish increased, short target, support level

21 Bullish slightly reduced, bearish sharply increased, short target

20.75 Bullish slightly decreased, bearish significantly increased, short target

Order flow key point marking (spot price):

22.9 Strong resistance level

22.5-22.6 Strong resistance area composed of early rebound highs, and long target in technical

22.15 Key resistance, breaking is expected to further rise

21.78 The first resistance level of the day, and the boundary of long-short targets

21.46 Key support level of technical, 200 day moving average

21.3 Important support, CPI data rising point

20.98 Key technical support of technical, top bottom conversion

20.4 Back stepping of non-farm data, important support

Note: The above strategy was updated at 15:00 on November 16. This policy is a daytime policy. Please pay attention to the policy release time.

CME Group options layout changes (Futures Price in December)：

90 Bullish increased sharply and the stock was large, bearish decreased, long target and resistance level

88.5-89 Bullish increased sharply, bearish decreased, key long target

88 Bullish decreased sharply, bearish decreased, strong resistance

85 Bullish increased but the stock was large, bearish increased sharply, support level

82.5 Bullish decreased slightly, bearish increased sharply, short target

81 Bullish decreased slightly, bearish decreased sharply, support level

80-80.5 Bullish decreased sharply but the stock was large, bearish increased sharply but the stock was large, key support and short target

Order flow key point marking (Spot Price)：

92.8-93.5 Strong resistance area

89.8-90 Key resistance area

88.25 Strong resistance

87.5 The first resistance level, Asian and European markets first focus on the breakthrough

86.4 The first support level during the day, Asian and European markets first focus on the support situation

85-85.45 Strong support area, continue to constitute a key support during the day

83.3 The last defense of the long side

80-82 Short target range

Note: The above strategy was updated at 15:00 on November 16. This policy is a daytime policy. Please pay attention to the policy release time.

Todays CME Group data:

1.05 Bullish increased but the stock was large, bearish decreased slightly, long target

1.045 Bullish increased, bearish increased, resistance level

1.04 Bullish increased but the stock was large, bearish increased sharply, rebound target and resistance

1.035 Bullish decreased slightly, bearish increasing, rebound target

1.03 Bullish decreased slightly but the stock was large, bearish increased, rebound target and support

1.025 Bullish decreased slightly, bearish increased, short target

1.02 Bullish decreased but the stock was large, bearish increased and the stock was large, short target and support

Note: The above strategy was updated at 15:00 on November 16. This policy is a daytime policy. Please pay attention to the policy release time.

Todays CME Group data:

1.205 Bullish increased slightly and the stock was large, bearish unchanged, long target

1.20 Bullish decreased slightly but the stock was large, bearish increased slightly, long target and resistance

1.195 Bullish increased sharply, bearish increased slightly, rebound target

1.19 Bullish increased, bearish increased, rebound target and resistance

1.18 Bullish increased slightly, bearish increased sharply, rebound target

1.175 Bullish decreased slightly but the stock was large, bearish unchanged, short target and support

1.17 Bullish decreased slightly, bearish increased slightly, short target

Note: The above strategy was updated at 15:00 on November 16. This policy is a daytime policy. Please pay attention to the policy release time.

Statement|Disclaimer

Disclaimer: The information contained in this material is for general advice only. It does not take into account your investment goals, financial situation or special needs. We have made every effort to ensure the accuracy of the information as of the date of publication. MHMarkets makes no warranties or representations about this material. The examples in this material are for illustration only. To the extent permitted by law, MHMarkets and its employees shall not be liable for any loss or damage arising in any way, including negligence, from any information provided or omitted from this material. The features of MHMarkets products, including applicable fees and charges, are outlined in the product disclosure statements available on the MHMarkets website. Derivatives can be risky and losses can exceed your initial payment. MHMarkets recommends that you seek independent advice.

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