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Afternoon review of Shanghai rubber market on November 21

 Last Update: 2022-12-13
 Source: Internet
 Author: User

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On Tuesday, the lowest touched 10755 in Shanghai rubber, and the long mid-black candlestick closed
.

Shanghai rubber

From the perspective of the trend of Shanghai rubber, yesterday's long and mid-black line broke through the 11,000 mark, and continued to be weak in the evening, corresponding to a new round of downward trend
.
At present, the area around Shanghai rubber 10800-11000 has become a short-term suppression area, and there should be further downward movement under this area
.

Suggestion: Shanghai rubber fell back yesterday to lose the 11000 mark, the trend resumed the technical decline, intraday such as the reverse draw test 10800 area, can light short orders chase, stop loss reference 11000 mark, long black line closed lower, can continue to hold short orders, weak expectations
.

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