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May 29 Shanghai rubber market morning review

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

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rubber glass

short term storage

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On Monday, the lowest touch of Shanghai rubber touched 11610, and the black line with feet closed
.
From the perspective of the trend of Shanghai rubber, last week's rush back down to the 11700-12000 area, relying on the area to start the wash operation, yesterday's inertia broke 11700, but the line remained below a short time, the futures price rose back to the 11800 area, continuing the wash trend
.

Shanghai rubber

At present, Shanghai Rubber focuses on the 11700-11900 area, and patiently waits for the hourly line to break the range before making a participation plan
.

Suggestion: Shanghai rubber temporarily relies on 11700-11900 washing operation, such as the hourly line in the middle black line or the middle yang line to break the area, you can consider short-term chasing, it is appropriate
to keep a wait-and-see within the washing area.

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