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On Wednesday, the Shanghai rubber plate relied on the 11600 line of narrow finishing, and the small black candle closed
.
From the perspective of the trend of Shanghai rubber, the weekly rise stage failed to break through the 40-day moving average, under pressure the line to maintain a horizontal wash and finishing pattern, the current Shanghai rubber 11700 line once again formed a horizontal suppression, short-term below the 11500 line is also difficult, the main view relies on these two lines to maintain repeated finishing and washing trend
.
Suggestion: Shanghai rubber does not currently have the conditions to get out of the smooth unilateral, the upper focus on the 11700 line, the line continues to test difficult to break, should have pressure to fall back, pay attention to the 11500 a band back test, encounter the line breakdown continue to look at the 11200-11400 downward target, for the continuous fall difficult to break the 11500 trend, the main look at the horizontal finishing can be, such as intraday high to break through 11700, need to see Monday's high test performance
.
The current position of Shanghai rubber is highly variable, and it is mainly
wait-and-see.
