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Shanghai rubber market afternoon review on July 12

 Last Update: 2022-12-11
 Source: Internet
 Author: User

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On Wednesday, the lowest touched 10150 in Shanghai rubber, and the small black candlestick closed
.
From the perspective of the trend of Shanghai rubber, for the key support of 10200, yesterday's test failed to effectively break down, and the disk still maintained a significant sideways operation
.

Shanghai rubber

Referring to the previous rubber trend, the current upper level once again formed a dense moving average suppression, and it is expected that the short-term break through the average suppression before it will re-oscillate lower
.

Suggestion: Refer to the previous trend of Shanghai rubber, generally after the dense moving average suppression, there will be two or three consecutive Yang line rebound to rise, and then will wash the market to fall, it is expected that Shanghai rubber will wash the rebound to 10600-10700 area, if the area is successfully rushed high, you can choose the opportunity to follow up with a short order, stop loss refer to the 10700 line to stand firm, the follow-up should continue to rush high and weak after the shock fall, in turn observe the 10400, 10200 two gears of the fall target, suitable for short-term participation
.

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