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Afternoon review of Shanghai rubber market on August 23

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

Tags

short term memory

mono long term

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On Wednesday, Shanghai rubber hit a minimum of 12405, and the cross black line closed
.

Shanghai rubber

From the perspective of the trend of Shanghai rubber, yesterday's smooth rebound prompted support around 12500, but relying on the limited recovery of the line, the plate entered the stage of horizontal
finishing.
Intraday focus on the 12400-12500 area, if relying on the area to gradually stabilize, you can also expect the recovery to achieve, focus on the 12650 line, for the recovery strength limited trend, at this time it is appropriate
to hold more cautiously.

Suggestion: After the Shanghai rubber price limit performance is not as expected, long positions can refer to the 12400-12500 area, stop loss reference 12400 broke, shock recovery stage, at least recover to stand firm 12650 can continue to hold, otherwise intraday short-term is appropriate
.

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