Mohicans markets：MHM-10.31 European Overview

Market Overview

In early Asian trading on Monday (October 31) Beijing time, spot gold fell slightly in shock, and the current trading volume is around 1642 US dollars/ounce. The US consumer spending growth in September released last week exceeded expectations, while the core inflation pressure is still high, basically locking in the Federal Reserve will continue to raise interest rates by 75 basis points this week. Moreover, the market's expectation of the Federal Reserve's slowing down interest rate increase in December has slightly cooled, which provides support for the yield of the US dollar and Treasury yield. The position of gold ETF fell further, and the short-term gold price faced further downside risks, focusing on the support near the 1620 mark.

US crude oil fell in shock. At present, the trading volume is around US $87.00/barrel. The market is more worried about the COVID-19 epidemic. The demand for crude oil is expected to be suppressed, which will drag down oil prices. Investors need to beware of the risk of oil prices falling back.

On this trading day, pay attention to the performance of GDP data in the third quarter of the euro area, the Chicago PMI data of the United States in October, the market's expectations of the Federal Reserve's interest rate resolution, the ISM purchasing managers' index of the United States in October, and the relevant news of the geographical situation.

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 October 31, 2022 Beijing time.

Technical analysis

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

1675 Bullish increased significantly, bearish decreased, the first target of bulls and strong resistance

1660 Bullish slightly increased, bearish slightly increased, resistance level

1650 Bullish increased, bearish increased, short-term positive force

1630 Bullish slightly increased, bearish slightly decreased and the stock was large, with support level

1600-1610 Bullish unchanged, bearish sharply increased, short target range

Order flow key point marking (spot price):

1657 Secondary resistance, long and short boundary before Wednesday (critical)

1652-1653 First key resistance

1645 Resistance (short line - relatively weak)

1637-1638 Key support of the trend, breaking down the trend of return to decline

1619-1624 Important support near the front low

1600 Short target

Note: The above strategy was updated at 15:00 on October 31. This policy is a daytime policy. Please pay attention to the policy release time.

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

20 Bullish increased significantly and the stock was large. Bearish market remained unchanged. The second target of the bulls was also the resistance.

19.75 Bullish slightly increased, bearish unchanged, first target of bulls and resistance

19.5 Bullish decreased, bearish slightly increased, key resistance

19.45 Bullish increased, bearish increased, short-term resistance

19-19.05 Bullish increased, bearish increased, key support

18.5 Bullish slightly increased, bearish slightly decreased, the first support after breaking down

Order flow key point marking (spot price):

19.7 Third resistance

19.42 Second resistance

19.3 First resistance

18.9-19 Key support

18.6 Short term support

18-18.3 Important support area

Note: The above strategy was updated at 15:00 on October 31. This policy is a daytime policy. Please pay attention to the policy release time.

Order flow key point marking (December Futures Price)：

95-95.5 Bullish increase sharply, bearish unchanged, long target

92-92.5 bullish increase sharply, bearish unchanged, long target

90 Bullish increase sharply, bearish decrease, long target

87 Bullish increase sharply, bearish decrease, key support level

85 Bullish decrease slightly, bearish decrease sharply, support level

82.5-83 Bullish unchanged, bearish increase sharply, short target

Order flow key point marking：

91.6 Third resistance

89.8-90 Second resistance

88.6 Long-short boundary, short term resistance

87 Short-term key support area

86 Second support

83.8 Short-term upside key support

Note: The above strategy was updated at 15:00 on October 31. The strategy is a daytime strategy, please note the strategy release time.

CME Group options layout changes：

1.01 Bullish increase sharply and the stock is large, bearish unchanged, long target

1.005 Bullish increase sharply, bearish unchanged, rebound target

1.00 Bullish increase sharply and the stock is large, bearish increase sharply but the stock is large, long and short contention 

0.995 Bullish unchanged but the stock is large, bearish increase, support level

0.99 Bullish unchanged, bearish increase and the stock is large, fall back target and support

0.985 Bullish slightly increase, bearish increase and the stock is large, short target and support

0.98 Bullish slightly decrease, bearish sharply increase and the stock is large, next short target，short target and support

Note: The above strategy was updated at 15:00 on October 31. The strategy is a daytime strategy, please note the strategy release time.

CME Group options layout changes：

1.175 Bullish slightly increase, bearish unchanged, next long target

1.17 Bullish increase and the stock is large, bearish unchanged, long target

1.165 Bullish slightly increase and the stock is large, bearish increase, rebound target and resistance

1.16 Bullish slightly increase, bearish slightly increase, the first resistance

1.155 Bullish unchanged but the stock is large, bearish slightly increase, fall back target and support

1.15 Bullish decrease slightly, bearish slightly decrease but the stock is large, next fall back target and support

1.145 Bullish unchanged, bearish slightly decrease, support level

1.14 Bullish increase, bearish increase, short target and support

Note: The above strategy was updated at 15:00 on October 31. The strategy is a daytime strategy, please note the strategy 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. 

Mohicans Markets, (Abbreviation: MHMarkets or MHM, Chinese name: Maihui), Australian Financial Services License No. 001296777.