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May 11 Shanghai rubber market afternoon comment

 Last Update: 2022-12-10
 Source: Internet
 Author: User

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shock

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On Thursday, Shanghai rubber reached a maximum of 11820, and the intraday shock fell, and the upper shadow Yang line closed
.
From the perspective of the trend of Shanghai rubber, yesterday's intraday rally again tested the 40-day moving average, under pressure the line oscillated lower, still maintaining a sideways wash trend
.

Shanghai rubber

At present, the fluctuation space of Shanghai rubber is gradually narrowing, mainly running within the two moving averages of 20 and 40 days, and the short-term main focus relies on the continuation of the washing in this area, focusing on waiting for the opportunity to follow up the new position after the breakthrough
.

Suggestion: Shanghai rubber short-term fluctuation space reference 11500-11800 area, exactly corresponding to the 20, 40-day moving average, intraday main look relying on the area to sort out the operation, participate in the stage, patiently wait for the range to break and then follow-up
.

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