Shanghai rubber range oscillation low long positions continue to hold

The opening price of the Nippon 1608 contract was 177.
4 yen/kg, the highest price was 177.
6 yen/kg, the lowest price was 175.
9 yen/kg, and the closing price was 176.
3 yen/kg, with a volume of 1763 lots and a position of 12130 lots
.

Domestic sales area market
.
14-year state-owned full latex 11050 (-250) in Shanghai; 14 years Yunnan state-owned whole milk in Shandong 11100 (-150); The 14-year state-owned whole milk tax-free price in Hengshui was 10,600 (-100) yuan / ton, and the 15-year private full latex price in Yunnan was 10,500 (-100) yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period decreased by 50 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 238,000 tons
.
Among them, Shanghai decreased by 40 tons, Shandong decreased by 10 tons, Yunnan Ping, Hainan Ping, Tianjin Ping
.

1609 was on the
strong side yesterday.
From the 60-minute K-line chart, the K-line rushed back to above the 20 moving average, and the technical indicator MACD weakened; On the daily chart, the K line returned to the 5-day moving average, the support below was strong, the MACD red bar shrank, and the trading volume and position volume increased
significantly.

Comprehensive analysis, domestic spot prices slightly sorted up, 05-09 warehouse transfer month basically completed
.
From the perspective of technical analysis, Shanghai Rubber today estimates the probability of range volatility (11500-12200) is relatively large, in the case of strong market sentiment, we recommend that the low long order continue to hold, around 11400 stop loss
.