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Afternoon review of the plastics market on July 16

 Last Update: 2022-12-11
 Source: Internet
 Author: User

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short term incentive

week

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Last week, plastics relied on the 9100 line to rebound, and in the second half of the week rose to the upper edge of the previous wash range along the 9300 area, from the medium-term horizontal wash to the short-term rebound upward trend
.

plastics

It is expected that the plastic should be opened in the 9320 area, the intraday focus on observing the recovery test 9350-9400 performance in the area, the area corresponds to the medium-term suppression position, if it can break upward, it corresponds to open the short-term upside, otherwise the area is suppressed obviously, and there should also be a wash down
.

Suggestion: In the running stage above plastic 9250-9300, it is still recommended to maintain the short-term rebound idea, focusing on the early suppression area around 9350-9400, which should normally have obvious resistance performance, as short as this area, you can choose the opportunity to leave the market
.

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