Fundamentals have not changed much, and Shanghai rubber remains strong

Spot market: 14-year state-owned full latex 11800 (-100) in Shanghai; 14 years Yunnan state-owned whole milk 11800 (-100) in Shandong; The 14-year state-owned whole milk tax-free price in Hengshui was 11500 (-100) yuan / ton, and the 15-year private whole latex price in Yunnan was 11800 (0) yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period increased by 1950 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 260170 tons
.
Among them, Shanghai increased by 1380 tons, Shandong increased by 570 tons, Yunnan Ping, Hainan Ping, Tianjin Ping
.

Position of the main contract of Shanghai rubber (1609): the top 20 members have long positions of 83919 (+3072), short positions of 95262 (+3013), and net short positions of 11343
.

The main contract of Shanghai rubber 1609 was strongly volatile on Monday, opening low and going
high.
From the 60-minute candlestick chart, the candlestick returns to the upper part of the moving average system, and the technical indicator MACD green bar turns red; On the daily chart, the K line broke through the 5-day moving average upward, the MACD red bar continued, the trading volume decreased slightly, and the position increased
.

Comprehensive analysis, rubber fundamentals have not changed much, and Shanghai rubber remains strong after a sharp plunge in crude oil
.
From the perspective of technical analysis, Shanghai Rubber on Tuesday estimated that the probability of continuing the volatile trend is relatively large
.
The strength of domestic spot will limit the pullback space of Shanghai rubber, Shanghai rubber short-term sorting needs, after the shock may continue to break up, it is recommended that bulls reduce their holdings at the high, and go long at the pullback, not suitable for chasing higher
.