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On Monday, Shanghai rubber took advantage of the collective recovery atmosphere of industrial products, touched the price above 11700, and re-stepped to around 11500 in the evening, smoothly entering the washing trend
.
From the hourly trend, Shanghai rubber has short-term double top signs appeared, the current back to the neck line 11500 area, technology has weakening intention to appear, intraday also need to focus on observing the overall atmosphere, such as falling below the 11400 line, should give 11000-11300 short take profit position
.
Suggestion: Shanghai rubber yesterday gave 11600-11800 a new short order entry opportunity, intraday focus on relying on the 11500 line finishing operation performance, normal should have inertia killing and falling, refer to 11000-11300 band short single opportunity to take profit area
.
For the sake of caution, if the recovery breaks through the 11700 line, short orders need to exit the market to avoid.
