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Shanghai rubber market afternoon review on November 6

 Last Update: 2022-12-13
 Source: Internet
 Author: User

Tags

flow pressure resistance

candle

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On Monday, the lowest of Shanghai rubber touched 11015, and the long mid-black candle closed
.

Shanghai rubber

From the perspective of the trend of Shanghai rubber, yesterday it successfully encountered resistance in the area of prompt suppression 11400-11500 and fell back, and then stepped back to the 11000-11200 area, the trend is consistent
with the prompt.
After yesterday's mid-black line retreat, Shanghai rubber is still in a volatile downward pattern, but it may be difficult to fall smoothly, and the overall expectation is weak
.

Suggestion: Shanghai rubber smoothly under pressure 11400 around the resistance to fall, intraday can consider below 11200 short orders to reduce holdings, the remaining short orders can be patiently held, as long as the recovery does not break 11400, you can expect the fall to continue to achieve, encounter collective weakening, inertia below 11000 also has a chance
.

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