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Last week, Shanghai rubber repeatedly hit the 13000 mark and failed to break through, and on Friday it entered a downward stage, and the futures price fell back
below 12600.
From the perspective of the trend of Shanghai rubber, on Friday afternoon, the initiative to increase positions to kill the fall, the futures price fell back to break through the 12600-12650 support platform, corresponding to the signs of turning down
.
Intraday can pay attention to the 12500 line, if the continuous increase of positions back down below the line, it is not ruled out to re-kill the trend to 12300 to achieve, weak estimate
.
Suggestion: Shanghai rubber fell back below the key support of 12600-12650 on Friday, and the idea of sideways repeated washing turned to a weak downside
.
At present, focus on the 12500 line, continue to fall low below the line, there should be two consecutive kills and falls, you can re-expect the target level of 12300, for 12500 fell below the difficult trend, do not rule out the rebound of the reduction, at this time corresponding to repeated washing shock expectations
.
