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Afternoon review of Shanghai rubber market on November 22

 Last Update: 2022-12-14
 Source: Internet
 Author: User

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On Thursday, the lowest touched 10705 in Shanghai rubber, and the mid-black line closed
.

Shanghai rubber

From the perspective of the trend of Shanghai rubber, yesterday successfully under pressure 10800 around the area encountered resistance, but the smooth downward movement is still difficult to open, and the probability of maintaining a weak trend of volatility
.
At present, Shanghai rubber focuses on the 10800-11000 area, as long as there is no upward breakthrough trend of the middle Yang line, it still looks at the weak operating rhythm
.

Suggestion: Shanghai rubber can rely on 10800-11000 a short order to continue to intervene, stop loss reference 11000 to stand firm, it is expected that after repeated high fatigue, there should be a shock back down to continue, the current rhythm should be slower, as long as there is no strong rebound, short orders can be held patiently
.

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