Shanghai rubber volatility strengthened, market sentiment has changed

Night trading: Shanghai rubber RU1709 contract opened at 16970 yuan / ton, the highest price was 17045 yuan / ton, the lowest price was 16870 yuan / ton, and the closing price was 16930 yuan / ton; Down 40 yuan / ton, down 0.
24%.

The opening price of the Nichijiao 1709 contract is 236.
3 yen/kg, the highest price is 250.
8 yen/kg, the lowest price is 235.
5 yen/kg, and the closing price is 250.
6 yen/kg; The trading volume was 9382 lots, and the position volume was 4616 lots
.

Domestic sales area market: Shanghai market, Yunnan 15-year full latex quotation 15400 (+200) yuan / ton; Shandong market, Yunnan 15-year full latex quotation of 15400 (+300) yuan / ton; Hengshui market, 15-year Yunxiang whole milk quotation 14800 yuan / ton (+200) yuan / ton, Yunnan market, 16 years private full latex offer 15700 (-200) yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period decreased by 50 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 283970 tons
.
Among them, Shanghai increased by 210 tons, Yunnan decreased by 390 tons, Shandong increased by 130 tons, Tianjin Ping, Hainan Ping
.

The main contract of Shanghai rubber 1709 was volatile yesterday, and the pattern continued to be strong in night trading
.
From the 60-minute K-line chart, the K-line rose back to the upper edge of the moving average system, the short-term moving average was good, and the technical indicator MACD red column continued; On the daily chart, the K line returned above the 10-day moving average, and the MACD green column showed signs
of turning red.
Volume decreases and positions increase
.
Overall, the short-term technical picture is strong
.

Comprehensive analysis, the main contract of Shanghai rubber was volatile and strong
on the first trading day after the holiday.
From the perspective of futures reflecting expectations, the rise in rubber in the early stage has fully realized the positive, market sentiment has changed, we expect 22,000 points may be the high point of the year, and the medium and long-term bearish thinking remains unchanged
.
After the holiday, affected by the black series leading the rally and the favorable policy environment, the volatility was higher, and we expect to continue the volatile trend within the day, and investors are recommended to wait
and see.