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Shanghai rubber market afternoon review on July 24

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

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On Monday, the lowest touch of Shanghai rubber touched 10110, and the mid-range line closed
.

Shanghai rubber

From the perspective of the trend of Shanghai rubber, for the 10200-10500 area established last week, yesterday fell below the lower edge of the range and entered the stage of shock and decline
.
Intraday can focus on observing the previous low 10,000 yuan mark, if the overall weakening cooperation, there should be a chance to fall back to break through the line, do not rule out continued panic to kill
the fall.

Suggestion: Shanghai rubber short order focus on the 10300 line, the line is running below, is expected to fall back to break through the previous low 10,000 yuan mark, at this time focus on observing the performance of the position, continue to increase the position sharply indicates that the panic of the plate gradually unfolds, while the mid-range line falls below the 10,000 yuan mark, is expected to open downside, weak expectations
.
If the recovery recovers the 10300 line, the short single can choose the opportunity to leave the market and wait and see
.

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