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On Wednesday, plastic hit as low as 9015 and the mid-range closed
.
From the perspective of plastic trends, yesterday's continued downward trend continued to close lower in the black line, and smoothly fell back to the 9000-9100 area during the session, the trend was in line with expectations
.
Compared with other varieties, the trend of plastics is significantly weaker than PP, and it is expected that intraday is expected to fall back to test the 9000 mark, if the overall weakness, the line inertial breakdown also has a chance
.
Recommendation: Plastics continue to fall in the mid-black line, while the disk is still running
in a unilateral descending channel.
Intraday can focus on the 9000 mark back to test the performance, tend to short-term should have inertia to break down, relative low can pay attention to the previous 8900 test performance, suitable for light short short chasing, focus on the 9000 mark, the middle black line closes below the line, can be short order overnight, otherwise intraday short-term or refer to the 9100 band stop loss
.
