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Shanghai rubber market afternoon review on October 11

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

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black mixed white

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On Wednesday, Shanghai rubber hit a minimum of 12505, and the mid-range line closed
.

Shanghai rubber

From the perspective of the trend of Shanghai rubber, yesterday smoothly fell back to the 12400 area, continued to fall in the evening, the dynamic black line gave up Tuesday's long white line gains, at this time corresponding to the recovery of the washing trend
.
Shanghai rubber focuses on observing the dense moving average support below, corresponding to the 12200-12300 strong support area, and continues to be difficult to break the stage, and does not rule out another rebound to pull
up.

Suggestion: Shanghai rubber yesterday downward recovery is weak, corresponding to the stage of repeated washing trend
.
At present, the focus is on the performance of dense moving average support, continuous fall is difficult to break, there should be a certain downward detection of the rise, the recovery suppression corresponds to the 12500-12600 area, short-term participation in the idea, short multi-stage if the 60-day moving average breakdown, at this time you need to choose the opportunity to leave the market and wait and see
.

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