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    Home > Chemicals Industry > New Chemical Materials > K-line fell below the moving average support, Shanghai rubber weak oscillation

    K-line fell below the moving average support, Shanghai rubber weak oscillation

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    The opening price of Shanghai rubber RU1609 contract is 11550 yuan / ton, the highest price is 11680 yuan / ton, the lowest price is 11265 yuan / ton, and the closing price is 11310 yuan / ton; The trading volume was 800266 lots, and the position volume was 301262 lots, an increase of 38,564 lots
    over the previous trading day.

    Shanghai rubber

    The opening price of the Nippon 1608 contract was 177.
    6 yen/kg, the highest price was 179.
    2 yen/kg, the lowest price was 175.
    6 yen/kg, and the closing price was 175.
    8 yen/kg, with a volume of 4510 lots and a position of 11069 lots
    .

    Domestic sales area market
    .
    14-year state-owned full latex 10700 (-200) in Shanghai; 14 years Yunnan state-owned whole milk 10700 (-200) in Shandong; The 14-year state-owned whole milk tax-free price in Hengshui area is 10500 (0) yuan / ton, and the 15-year private whole latex price in Yunnan is 10850 (+50) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period increased by 1510 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 239250 tons
    .
    Among them, Shanghai decreased by 60, Shandong increased by 490 tons, Yunnan increased by 880 tons, Hainan increased by 200 tons, and Tianjin Ping
    .

    Shanghai rubber main contract (1609) position: the top 20 members long position 75663 (+11276), short position 93789 (+11683), net short 18126

    The 1609 main contract increased its position to the downside
    yesterday.
    From the 60-minute K-line chart, the K-line fell below the support of the moving average system, and the technical indicator MACD weakened; On the daily chart, the K line fell below the 20-day moving average, MACD and KDJ continued to weaken, the trading volume was amplified, and the position volume increased
    dramatically.

    Comprehensive analysis, market sentiment and monetary funds to push enthusiasm cooled, downstream demand weakness and export obstruction and other issues are still unresolved
    .
    From the perspective of technical analysis, Shanghai Rubber today estimates that the probability of range oscillation (11200-12200) is relatively large, and after falling below the 11500 platform, you can pay attention to whether it can be effectively supported
    around 11200.

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