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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber market afternoon review on October 17

    Shanghai rubber market afternoon review on October 17

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    On Tuesday, the lowest touch of Shanghai rubber touched 11935, and the black line with feet closed
    .

    Shanghai rubber

    From the perspective of the trend of Shanghai rubber, suppressed by collective weakness, Shanghai rubber touched below the 12,000 price yesterday, although the late recovery recovered the line, but the technical pattern has shown signs
    of turning downward.
    Intraday can continue to observe the 12000 mark, is expected to repeatedly fall back to test the line, such as the overall disk weakened again, or there is inertia to break down to continue, the position shock low is expected
    .

    Suggestion: Shanghai rubber yesterday successfully under pressure 12400 around the resistance to fall, intraday relying on the 12000 area of short order reduction, it is expected that the shock low pattern will continue, focus on whether the line continues to fall down whether it can continue to break, the mid-black line closed below the line, short-term should open downward space, the next step refer to the 11800-11900 band back down target
    .

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