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Shanghai rubber market afternoon review on October 30

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

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short term memory

short term incentive

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On Monday, the lowest touch of Shanghai rubber touched 11280, and the long black candle closed
.

Shanghai rubber

From the perspective of the trend of Shanghai rubber, it has maintained a low rhythm of volatility recently, and yesterday's long black candlestick fell sharply, and there were signs of acceleration in the downward trend of the market
.
It is expected that the intraday weakness should continue to decline, you can focus on the 11000-11200 area, refer to the short-term downward target area
.

Suggestion: Shanghai rubber also has inertia killing momentum, you can focus on 11000-11200 around the back step test performance, it is expected that after the test or a certain degree of downward recovery, but the recovery is difficult to break 11500, or the shock low pattern, backed by the line to continue the short selling follow-up idea
.

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