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On Wednesday, Shanghai rubber gave up its previous gains sharply, touching 11705 as low as 11705, and the long mid-black candlestick closed
.
From the perspective of the trend of Shanghai rubber, suppressed by the collective decline of industrial products, yesterday's Shanghai rubber fell back and broke through the 12,000 mark, corresponding to a deep adjustment trend
.
Intraday can focus on the observation of 12700-12800 area, the area refers to the short-term support position, the recovery stage focuses on the 12000 mark, only the line recovery can be expected to further rise, otherwise, continue to rush high and weak, the disk will have a further fall
.
Suggestion: Shanghai rubber fell back yesterday to break through the 12000 mark, and the high finishing turned into a deep correction
.
Focus on the 12700-12800 area during the day, refer to the key support area, running above this area, focus on whether you can recover 12000, recover the line is to resume the rally, otherwise enter a short-term narrow wash trend, such as encountering an intraday pullback to break through the 12700 line, there should be inertia to kill the fall, pay attention to the key price test performance, short-term participation ideas
.