EIA is the abbreviation of the U.S. Energy Information Administration, every Wednesday night the U.S. Energy Information Administration will release the inventory data of U.S. crude oil, which has a great impact on the trend of crude oil that night, if the inventory data is lower than the market expectation, then crude oil will rise sharply, on the contrary, it will fall sharply, of course, this is the case, sometimes the trend of crude oil will be opposite to the data, but that is a very rare situation.

The order data given by the company is to buy long orders 3 minutes before the EIA crude oil inventory data comes out, which is to buy up.

Zhang Feiyu took a look at the data, in the early hours of Wednesday morning, there is actually a crude oil inventory data called API crude oil inventory data, API crude oil inventory is the data of U.S. crude oil, gasoline and distillate inventories released by the American Petroleum Institute (API) every Wednesday morning, the reported crude oil inventory level, the data shows how much oil stocks and products are now, so you can understand how long the supply will last.

Moreover, the data represents U.S. oil demand by product and region, and monitors U.S. crude oil production and crude oil imports and refined products.

The API data in the early morning is generally consistent with the EIA data, although sometimes there are some discrepancies, but there are not many times on the contrary.

Zhang Feiyu looked at the API data, is this obviously bearish data, and from the perspective of technical analysis, the trend of crude oil is now completely in a downward channel, MACD and KDJ indicators have diverged downward, and the key support level has fallen below.

"The Rich Enemy of the Reborn Soldier King" explains that the EIA is being hit by hand, please wait a moment,

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