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    Home > Chemicals Industry > New Chemical Materials > Afternoon review of Shanghai rubber market on March 20

    Afternoon review of Shanghai rubber market on March 20

    • Last Update: 2022-12-09
    • Source: Internet
    • Author: User
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    On Monday, Shanghai rubber hit a minimum of 12425, and the small black candlestick closed
    .
    From the perspective of the trend of Shanghai rubber, the mid-black candlestick interrupted the rebound rhythm on Friday, and yesterday's weak test below the 12500 price, fell back below the line again in the evening, and the overall continued fatigue
    .

    Shanghai rubber

    Intraday can observe the inertia killing performance, pay attention to the 12300 area below, if the long black line breaks the line, it is a new round of decline, otherwise rely on the line to test down again and rise, you can see the secondary bottom construction
    .

    Suggestion: Shanghai rubber can consider falling sharply to 12300 around the short order take profit exit, and then can enter the observation stage
    .
    If the overall intraday operation is weak or the position is greatly increased below 12300, it is necessary to take back the short order, see the further killing and falling, and the long black line closes lower, the next step should run below 12000, for the intraday killing around 12300 weak appear, do not rule out the medium term secondary construction of the bottom market
    .
    Therefore, the focus is to do a sharp fall short single exit, wait for the intraday out of clear signs before making a judgment, specific participation can wait for intraday prompts
    .

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