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October 12th - According to data from the China Passenger Car Association (CPCA), wholesale sales of new energy passenger vehicles reached 1.666 million units in September, a year-on-year increase of 11.3% and a month-on-month increase of 10.0%; from January to September, wholesale sales of new energy passenger vehicles reached 11.448 million units, a year-on-year increase of 9.4%. Wholesale sales of conventional fuel-powered passenger vehicles reached 880,000 units in September, a year-on-year decrease of 32% and a month-on-month increase of 5%.China Passenger Car Association (CPCA) reported that retail sales of new energy vehicles reached 1.084 million units in September, a year-on-year decrease of 16.7%.On October 12th, many users reported issues with DeepSeeks chat function, with the page repeatedly displaying "server busy" and "message being generated," preventing normal conversations and sparking heated discussions. DeepSeeks official service status page indicated a "partial interruption" in the chat service, with the official team investigating the cause. After investigation, the page stated "service restored." However, third-party monitoring platforms showed that the outage began this morning and was still ongoing at the time of writing, primarily affecting the web/app chat service. Affected users are advised to try again later or check the official status page for the latest updates.October 12 - According to the European-Mediterranean Seismological Centre, a 5.8-magnitude earthquake struck 277 kilometers north of Nukualofa, Tonga, at 17:38 local time on October 12. The epicenter was located at 18.6587 degrees south latitude and 174.9616 degrees west longitude, with a focal depth of 190 kilometers.The China Passenger Car Association (CPCA) reported that retail sales of passenger cars in September reached 1.618 million units, a year-on-year decrease of 28%.

U.S. crude oil trading strategy on October 7: the long pattern of oil prices remains unchanged, pay attention to the 10-day moving average support

Oct 26, 2021 10:59

US crude oil fell slightly on Thursday (October 7). After Wednesday's high level fell, oil prices may continue to fall within the day, but the trend is still upward. It is recommended that activists rely on the 10-day moving average to do more, and conservatives wait and see.


Daily level: Oil prices fell from their highs on Wednesday, but the bullish pattern has not changed.

Technically, the MACD is still a golden cross, but the red column has shortened, and the upward momentum has slightly weakened, but the trend is still up. RSI has fallen sharply from the overbought range, creating conditions for oil prices to continue to rise.

If oil prices fall in the day, pay attention to the 10-day moving average support of 75.99. At this level, the bulls are expected to counterattack. It is recommended that activists rely on the 10-day moving average to do more. Further down, we need to pay attention to the high of 74.23 on July 30 and the low of 73.73 on the 20th.

On the upside, we need to pay attention to the pressure of each round mark and yesterday's high of 79.78.

(U.S. crude oil daily chart)

Resistance levels: 78.00; 79.00; 79.78
Support levels: 75.99; 74.23; 73.73

Short-term operation recommendations: activists rely on the 10-day moving average to do more.

At 14:11 GMT+8, US crude oil was quoted at US$76.99 per barrel.