echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Afternoon review of Shanghai rubber market on January 8

    Afternoon review of Shanghai rubber market on January 8

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Monday, the lowest touched 11640 and the long black candlestick closed
    .

    Shanghai rubber

    From the perspective of the trend of Shanghai rubber, yesterday around the 12000 mark rushed back down, and continued to weaken further in the evening, corresponding to the trend of rushing higher in place
    .
    It is expected that there should be an inertia pullback downward test continuation during the session, focusing on the 11500-11600 area, inertial breakdown or difficulty, short-term resistance refer to the 11700-11800 area
    .

    Suggestion: Shanghai rubber plate focus on the 11700-11800 area of suppression, if the pressure area closes low to 11500-11600 area, at this time the breakthrough above the range of the retreat, the follow-up should be further down to achieve, on the contrary, the small white line closed high to 11700-11800 area, is a strong signal
    .
    In the participation stage, you can rely on 11700-11800 to follow up appropriately short, focus on the performance of the fall, the downward probe meets expectations, and the short order is retained, otherwise it is appropriate
    to take the day.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.