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Lunch review of the plastics market on October 22

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

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new low

pattern

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Last week, plastic hit a minimum of 9330, and the mid-range line closed
.

plastics

From the perspective of plastic trends, last week's pressure 9600 area encountered resistance and decline, and then fell back to stabilize around 9400, the overall is still a volatile low pattern
.
It is expected that the 9400 area should continue to fall after the short-term finishing during the week, and the upper suppression refers to the 9450-9500 area, and the fall stage focuses on whether the 9300 can be successfully broken
.

Suggestion: Plastics are expected to continue the volatility low pattern to continue to go lower, you can consider relying on the 9450-9500 area of new short orders to follow-up, stop loss reference 9500 line break, fall stage pay attention to 9300 line rebound performance, step back test stage can be short orders appropriate reduction, maintain shock fall expectations
.

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