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Shanghai rubber market afternoon review on May 15

 Last Update: 2022-12-10
 Source: Internet
 Author: User

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small black worms

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On Monday, Shanghai rubber rushed back down at the 11765 line, and the small black candle closed
.
From the perspective of Shanghai rubber trend, yesterday relied on the recent repeated reminders of the 20 and 40-day moving averages to maintain the washing operation, and the evening low retraced to the 11500 area, the trend was in line with expectations
.

Shanghai rubber

At present, the 40-day moving average of Shanghai rubber continuous testing has not broken through, and the disk still needs to be treated with horizontal washing, and the pressure stage continues to observe the performance of 11500
retracements.

Suggestion: Shanghai rubber intraday main look relying on 11500-11750 area finishing operation, this stage focuses on observing the overall performance of the chemical sector, the current chemical industry tends to pull back to continue, Shanghai rubber focus on horizontal suppression is appropriate, there is no obvious breakthrough before, short-term participation can be
.

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