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October 17 plastic market afternoon review

 Last Update: 2022-12-13
 Source: Internet
 Author: User

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On Tuesday, plastic hit a minimum of 9335, and the long black candlestick closed
.

plastics

From the perspective of plastic trends, yesterday's continuation of the decline continued to decline, and the relative low touched below the price of 9400, which corresponds to most of the previous gains
.
At present, the decline of plastics is gradually smooth, corresponding to the resumption of the downward trend, you can observe the next round number mark 9300 test performance
.

Suggestion: Plastic successfully pressured 9550 yesterday around the resistance to fall, relying on the 9400 area to reduce positions, the remaining short orders can continue to hold, intraday recovery test 9440-9480 area can consider new short orders to continue to follow-up, maintain continued low expectations, below to observe whether the 9300 area can continue to fall back and breakdown, maintain weak low expectations
.

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