Mohicans markets：December 13-European Perspective

Market Overview

On Tuesday (December 13, Beijing time), during the Asian European session, spot gold rose slightly in shock. At present, the trading volume is around 1784.92 US dollars/ounce. The market expects that the US CPI growth will slow in November, providing support for gold prices. However, before the data is released, the market is in a strong wait-and-see mood.

The US November CPI data will be released at 21:30 Beijing time. The market is expected to rise 7.3% year on year, with a previous value of 7.7%. The market expects the core CPI to rise 6.1% year on year, with a previous value of 6.3%. In addition, investors should also pay attention to the changes in the Bank of England's December 2022 financial stability report, geographical situation and market risk sentiment. US crude oil rose in a volatile way, rising more than 1% at one time, hitting a new high of 74.30 US dollars/barrel in three trading days. As the market expected that the Federal Reserve would slow down the pace of interest rate increase, market risk appetite rebounded, boosting bulk commodities, and a key pipeline for US oil supply was still closed, raising concerns about possible tightening of US supply,

In addition, China's epidemic prevention and control restrictions, the market is expected to promote the demand for crude oil, market bullish sentiment has rebounded. In addition, oil prices held the 70 mark on Monday, and the influx of bargain hunting also supported oil prices.

On this trading day, the market generally paid attention to the US November CPI data. In addition, investors also need to pay attention to the Special Meeting of EU Energy Ministers and the monthly crude oil market report released by OPEC.

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 December 13, 2022 Beijing time.

Change of CME Group option layout (futures price in February):

1850 Bullish decreased, bearish unchanged, resistance level

1825 Bullish increased significantly, bearish remained unchanged, long target

1800 Bullish increased, bearish decreased and resistance weakened

1780-1785 Bullish increased slightly, bearish decreased, and slowing downward momentum

1750 Bullish remained unchanged, but the stock was large. Bearish slightly reduced, and the support level

1735 Bullish unchanged, bearish sharply increased, short target

Order flow key point marking (spot price):

1820-1825 Long targets are also resistance

1806-1810 Key Resistance Zone

1794 First resistance

1786-1788 The boundary of long and short  

1781 First important support

1776 Secondary support

1766 Important support

Note: The above strategy was updated at 15:00 on December 13. This policy is a daytime policy. Please pay attention to the policy release time.

Change of CME Group option layout (futures price in March)

24.5 Bullish decreased, bearish slightly increased, resistance level

24 Bullish increased significantly, bearish increased slightly, resistance level

23.5 Bullish slightly increased but the stock was large, while bearish slightly increased, with support level

23 Bullish slightly increased, bearish significantly increased, supporting and short target

Order flow key point marking (spot price):

24.85-25 Long targets

24.45-24.57 Secondary resistance

24-24.173 Double top neck line position, strong resistance area

23.55-23.65 Important resistance of the day

23.3 First support position

23 Boundary of long and short targets recently

22.57 Hourly level of double bottom neck line support

22.4 Short-line support

22 Important support

Note: The above strategy was updated at 15:00 on December 13. This policy is a daytime policy. Please pay attention to the policy release time.

CME Group options layout changes (January Futures Price)：

79 Bullish increased, bearish decreased, long target

76 Bullish increased sharply, bearish increased, resistance

75 Bullish increased sharply, bearish decreased but the stock was large, long target, resistance

73 Bullish increased sharply, bearish increased sharply, support

72 Bullish decreased, bearish increased sharply

70-70.5 Bullish increased sharply, bearish decreased sharply, support area

68 Bullish increased sharply, bearish decreased sharply, support level

Order flow key point marking (Spot Price)：

76.7 First retracement of last week's downtrend, important resistance

75-75.4 U.S. backpedaling twice after the volume down, important resistance

72.8 Key support during the day

71-71.3 Monday's U.S. retracement of the starting point, key support

70 Target of bearish option bets, tested twice, important support

Note: The above strategy was updated at 15:00 on December 13. This policy is a daytime policy. Please pay attention to the policy release time.

Todays CME Group data:

1.07 Bullish increased slightly, bearish unchanged, long target

1.065 Bullish increased slightly, bearish unchanged, resistance

1.06 Bullish increased, bearish unchanged, rebound target

1.055 Bullish decreased slightly, bearish increased, short-side strength has strengthened

1.05 Bullish unchanged, bearish increased and the stock was large, fallback target

1.045 Bullish unchanged, bearish increased, short target

1.04 Bullish increased slightly, bearish increased sharply, short target and support

Note: The above strategy was updated at 15:00 on December 13. This policy is a daytime policy. Please pay attention to the policy release time.

Todays CME Group data:

1.25 Bullish increased, bearish unchanged, long target

1.24 Bullish increased, bearish unchanged, rebound target

1.235 Bullish decreased slightly, bearish increased slightly, resistance level

1.23 Bullish increased sharply, bearish increased sharply, long-short contention

1.225 Bullish unchanged, bearish increased, fallback target

1.22 Bullish unchanged, bearish increased, short target

1.21 Bullish unchanged, bearish increased, next short target

Note: The above strategy was updated at 15:00 on December 13. 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 consultation only. It does not take into account your investment objectives, 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 warranty or representation on this material. The examples in this material are for illustrative purposes only. To the extent permitted by law, MHMarkets and its employees shall not be liable for any loss or damage arising from any information provided or omitted in this material in any way (including negligence). The characteristics of MHMarkets' products, including applicable fees and charges, are outlined in the product disclosure statement provided on MHMarkets' website. Derivatives may be risky; The loss may exceed your initial payment. MHMarkets recommends that you seek independent advice.

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