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📅 2025-04-02 · 紐約WTI原油 · 單品種深度報告 舊覆蓋策略

本報告來自 MacroTerms.com

數據截止: 2025-04-02

WTI Crude (CL=F) Deep Dive | 2025-04-02: Rangebound, Awaiting Catalyst

WTI crude closed at 71.71 on 2025-04-02, up 0.72% on the day, with a 5-day gain of 2.96 and a 20-day gain of 8.14, indicating a short-term recovery within a broader range. The daily pivot P is 71.53, with R1 at 72.46 and S1 at 70.77, while ATR stands at 1.42, suggesting moderate volatility. The close is above the pivot, a mildly bullish signal, but the 20-day change of 8.14 shows the market has already rallied significantly from recent lows. The 5-day change of 2.96 confirms upward momentum. However, COT data (though dated 2026) shows net long positioning at 106,279 contracts, with a weekly decrease of 5,452, indicating some long liquidation. The 20-day high is not provided, but the 20-day change suggests a recovery from lower levels. The fundamental backdrop is mixed: USD strength, interest rate expectations, and geopolitical risks are key drivers. The sentiment score is neutral, with no major headlines in the last 48 hours. Seasonality data is pending. In the near term, we expect rangebound trading between 70.77 and 72.46, with a break above R1 targeting 73.50, and a break below S1 targeting 69.50. Traders should watch for inventory data and Fed commentary. Our strategies include a long bias on dips to S1 and a short bias on rallies to R1, with tight stops. Risk management is crucial given the elevated ATR.

往期研報封存

2026-10-11:單品種WTI Crude (CL=F) Deep Dive | Backwardation and a 98th-percentile crack vs a 20D downtrend | 2026-10-11 查看 2026-10-10:單品種WTI Crude (CL=F) Deep Dive | Bullish on Backwardation & Tightness | 2026-10-10 查看 2026-10-09:單品種舊覆蓋策略WTI Crude (CL=F) Deep Dive | Bullish Rebound on Tightness | 2026-10-09 查看 2026-10-08:單品種舊覆蓋策略WTI Crude (CL=F) Deep Dive | Bearish on Inventory Build & Weak Demand | 2026-10-08 查看 2026-10-07:單品種舊覆蓋策略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:單品種舊覆蓋策略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:單品種舊覆蓋策略WTI Crude (CL=F) Deep Dive | 2026-10-05 — Long into Backwardation, 88.28 Invalidates | 2026-10-05 查看 2026-10-04:單品種舊覆蓋策略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:單品種舊覆蓋策略WTI Crude (CL=F) Deep Dive | 2026-10-03 — Long Into Backwardation, 88.28 Invalidation | 2026-10-03 查看 2026-10-02:單品種舊覆蓋策略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:單品種舊覆蓋策略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:單品種舊覆蓋策略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:單品種舊覆蓋策略WTI Crude (CL=F) Deep Dive | 2026-09-29: Backwardation Meets Macro Crosswinds | 2026-09-29 查看 2026-09-28:單品種舊覆蓋策略WTI Crude Deep Dive | Backwardation Squeeze vs. Hormuz Headline Risk | 2026-09-28 查看 2026-09-27:單品種舊覆蓋策略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:單品種舊覆蓋策略WTI Crude (CL=F) Deep Dive | 2026-09-26: Backwardation Meets Demand Doubts | 2026-09-26 查看 2026-09-25:單品種舊覆蓋策略WTI Crude (CL=F) Deep Dive | 2026-09-25 | Backwardation vs. Macro Headwinds | 2026-09-25 查看 2026-09-24:單品種舊覆蓋策略WTI Crude (CL=F) Deep Dive | 2026-09-24 | Backwardation vs. Macro Headwinds | 2026-09-24 查看 2026-09-23:單品種舊覆蓋策略WTI Crude (CL=F) Deep Dive | 2026-09-23 | Backwardation vs. Backwardation | 2026-09-23 查看 2026-09-22:單品種舊覆蓋策略WTI Crude (CL=F) Deep Dive | 2026-09-22: Backwardation Meets Demand Fears | 2026-09-22 查看

⟠ 本月策略回測表現

每日早報 AI 觀點逐日跟蹤結算 · 止損/目標客觀撮合

* 回測基於日報交易觀點逐日結算:止損/目標先到為準,窗口末按收盤平倉。過往表現不代表未來收益。