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Afternoon review of Shanghai rubber market on November 9

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

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On Thursday, the highest touched 11435, the lowest touched 11220, and the small white candlestick closed
.

Shanghai rubber

From the perspective of the trend of Shanghai rubber, yesterday's smooth pressure prompted the suppression of 11400-11500 in the area of resistance to fall, and fell back to around 11200 in the evening, maintaining a weak trend of
washing.
Intraday Shanghai rubber can focus on the 11200 area, it is expected that it will be difficult to break through the continued weakening of the line, and there should be a certain degree of washing and recovery in the follow-up, and the shock is the main expectation
.

Suggestion: Shanghai rubber yesterday successfully in the 11400-11500 area of resistance to fall, the current plate smoothly kill and fall is more difficult, high probability to maintain repeated oscillation washing trend, give 11200 below the inertial killing opportunity, can be short order take profit exit, the subsequent into the observation stage is appropriate
.

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