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On Wednesday, the lowest touch of Shanghai rubber touched 11250, and the late recovery met resistance to 11545, and the cross Yang line closed
.
From the perspective of the trend of Shanghai rubber, the continuous retracement of the 11300 area failed to break down smoothly, and the subsequent relying on the line to maintain a sluggish finishing, the trend was in line with expectations
.
At present, Shanghai rubber gradually runs below the moving average, corresponding to the heavier upper pressure, you can maintain the idea of short-based participation, pay attention to the suppression
around 11600.
Suggestion: Shanghai rubber can rely on 11500-11600 with short orders to follow, the following focus on the 11300 line, can step back on the line of short orders appropriate reduction, if the subsequent smooth fall below the line, is to test the previous low trend
.
In the short selling stage, beware of rapid rally and break through the dense moving average suppression above, you need to set a stop loss
of 11700.
