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Shanghai rubber market afternoon review on August 9

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

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On Wednesday, the Shanghai rubber plate ran around 12500, and the cross black line closed
.

Shanghai rubber

From the perspective of the trend of Shanghai rubber, for the price above 12600, yesterday's test failed to effectively stand, and the line entered the horizontal finishing stage
under pressure.
During the session, you can focus on the 12300-12400 area, refer to the pullback support area, and pay attention to the downward recovery performance relying on this area
.

Suggestion: Shanghai rubber into a short-term rebound trend, intraday back to 12300-12400 area, you can consider more orders to follow up gradually, stop loss reference 12300 line to fall to break, the recovery stage focus on 12500, hold the line, long orders can continue to hold, otherwise the recovery range is limited, it is best to choose more opportunities to leave the market
.

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