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📅 2025-04-03 · 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: 2025-04-03

WTI Crude (CL=F) Deep Dive | 2025-04-03

WTI crude collapsed 6.64% on April 3, 2025, to close at 66.95, breaching the pivot at 67.78 and S1 at 65.15 intraday, with ATR expanding to 1.76. The move erased the prior week's gains, leaving the 5-day change at -4.25 and the 20-day change at +0.89. The close below the pivot and near S1 signals a bearish shift, with momentum indicators likely turning lower. Positioning data shows a net long of 106,279 contracts as of September 15, 2026, down 5,452 week-over-week, indicating recent long liquidation. The fundamental backdrop remains opaque due to missing inventory, USD, and rate data, but the sharp sell-off suggests demand concerns or supply surprises. Cross-asset ratios are data pending. Sentiment is bearish, with the 48-hour headline bias skewed negative. Seasonality is pending. We outline bull and bear scenarios, with near-term balance tilted bearish. Two trading strategies: a short on rallies toward 67.78 with a stop at 69.58 and target 65.15, and a long if price reclaims 67.78 with a stop at 65.15 and target 69.58. Risk management emphasizes position sizing and ATR-based stops.

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。