M
枢安量化 MacroTerms
👑 购买会员 个人中心
📰 早报内参 👤 会员总览 ⚙️ 账户设置 📒 策略本 🧾 订阅与账单 🎫 在线工单
📅 2025-03-07 · 纽约WTI原油 · 单品种早报 旧覆盖策略

本报告来源: MacroTerms.com

数据截止: 2025-03-07

WTI Crude (CL=F) Deep Dive | 2025-03-07: Rangebound, Bearish Bias

WTI crude closed at 67.04 on 2025-03-07, up 1.02% but still down 3.90 over five days and 5.06 over twenty days, reflecting persistent selling pressure. The daily pivot at 67.13 and R1 at 68.13 cap upside, while S1 at 66.03 provides near-term support. ATR of 1.87 signals elevated volatility. The 5-day change has been negative for four consecutive sessions, with the largest drop on 2025-03-05 (-2.86%). Volume has been above average, with 329,710 contracts traded on 2025-03-07. The change in position (chPos) has been erratic, from 6.60% to 21.60%, indicating indecisive positioning. The 20-day change remains deeply negative at -5.06, confirming a downtrend. The COT data, though dated 2026, shows net long positioning at 106,279 contracts, down 5,452 week-over-week, suggesting recent long liquidation. However, the data is not contemporaneous with the price date and should be treated with caution. The fundamental backdrop is mixed: a stronger dollar and elevated interest rates weigh on commodities, while geopolitical risks and OPEC+ supply management provide support. The technical picture is bearish, with price below the pivot and R1, and the 5-day and 20-day changes negative. We expect rangebound trading with a bearish bias, with key support at 66.03 and resistance at 68.
13. A break below 66.03 could open the door to 65.00, while a break above 68.13 could target 69.00. The risk-reward favors selling rallies. We recommend a short position on a break below 66.03 with a stop at 67.13 and a target of 64.50. For a long scalp, consider buying near 66.03 with a tight stop at 65.50 and a target of 67.
13. Position sizing should be conservative given the elevated ATR. The market is data-dependent, and the lack of a clear calendar for the next seven days adds uncertainty. Traders should monitor inventory reports and geopolitical headlines.

往期早报

2026-10-11:单品种WTI Crude (CL=F) Deep Dive | Backwardation and a 98th-percentile crack vs a 20D downtrend | 2026-10-11 查看 2026-10-10:单品种WTI Crude (CL=F) Deep Dive | Bullish on Backwardation & Tightness | 2026-10-10 查看 2026-10-09:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | Bullish Rebound on Tightness | 2026-10-09 查看 2026-10-08:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | Bearish on Inventory Build & Weak Demand | 2026-10-08 查看 2026-10-07:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-10-07 — Buy the 20-Day Channel Floor, Backwardation Intact | 2026-10-07 查看 2026-10-06:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-10-06 — Bearish: 20-Day Channel Floor at 88.06 Is the Line | 2026-10-06 查看 2026-10-05:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-10-05 — Long into Backwardation, 88.28 Invalidates | 2026-10-05 查看 2026-10-04:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-10-04 — Bullish Above 88.28, Backwardation vs Soft Tape | 2026-10-04 查看 2026-10-03:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-10-03 — Long Into Backwardation, 88.28 Invalidation | 2026-10-03 查看 2026-10-02:单品种旧覆盖策略WTI Crude (CLX26) Deep Dive | 2026-10-02 — Long into Backwardation, 89.88 Pivot Is the Line | 2026-10-02 查看 2026-10-01:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-10-01 — Buy the Backwardation, 88.68 Is the Line | 2026-10-01 查看 2026-09-30:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-09-30 — Backwardation and Product Scarcity Support a Constructive Bias | 2026-09-30 查看 2026-09-29:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-09-29: Backwardation Meets Macro Crosswinds | 2026-09-29 查看 2026-09-28:单品种旧覆盖策略WTI Crude Deep Dive | Backwardation Squeeze vs. Hormuz Headline Risk | 2026-09-28 查看 2026-09-27:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-09-27 — Backwardation vs. a 4.9% ATR: Buy the S1 Retest | 2026-09-27 查看 2026-09-26:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-09-26: Backwardation Meets Demand Doubts | 2026-09-26 查看 2026-09-25:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-09-25 | Backwardation vs. Macro Headwinds | 2026-09-25 查看 2026-09-24:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-09-24 | Backwardation vs. Macro Headwinds | 2026-09-24 查看 2026-09-23:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-09-23 | Backwardation vs. Backwardation | 2026-09-23 查看 2026-09-22:单品种旧覆盖策略WTI Crude (CL=F) Deep Dive | 2026-09-22: Backwardation Meets Demand Fears | 2026-09-22 查看

⟠ 本月策略回测表现

每日早报 AI 观点逐日跟踪结算 · 止损/目标客观撮合

* 回测基于日报交易观点逐日结算:止损/目标先到为准,窗口末按收盘平仓。过往表现不代表未来收益。