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In the early stage, Shanghai rubber relied on the 11300-11600 area to carry out the mid-term repeated washing, last week Shanghai rubber fell below the 11300 line, inertia fell to 11000 area, the second half of the week supported by good news, the futures price touched the price above 118000, the range of rise and fall showed a certain symmetry
.
Referring to last Friday's wash back to the 11500 area, the short-term rebound trend of Shanghai rubber has not yet been firm, and it can only be treated
with repeated washing.
Suggestion: Shanghai rubber can see the 11300-11600 area of the washing area expanded, corresponding to the reference 11000-11800 area of the new washing area
.
At present, the 11500 area is running position, intraday can be appropriately wait-and-see, such as the recovery test 11600-11800 area, you can consider short-short intervention, wash shock low expectations, the following target reference 11000-11300 area
.