NEWS

Natural Rubber: Hujiao then accelerated upward air coming single entry opportunities.

  30, 1101 contract opened at the Natural Rubber 23,665 yuan / ton, up 23,975 yuan / ton, the minimum 23,590 yuan / ton, and finally to close at 23,965, and finally rose 0.97%, on turnover of 1.52 million hand positions increased 28,458 to 223,000 hand hand . Rubber accelerate again up, so that the estimated 21,000 to 23,000 pre-shock interval break, but in view of the downstream vehicle inventories high and prices inventory of 852,000 vehicles. In which the amount of National Passenger Car 4,303,535 on the card, and the difference between the sales are 1,114,000, that the hands of dealers up to 1.114 million vehicles inventory, dealer huge pressure on the stock, so the demand to support rubber prices, the lack of upward momentum limited . We identified a reasonable range in the 21000-23000 Jiaojia between, but, as early as Jiaojia oversold market performance, the recent upward Jiaojia crazy there during the final round, technically still retains the strong upward momentum, still need to follow the current market trends operation, when the price is beyond our range of judgments given in other than a reasonable shock, investors need to resist the price position control over inflation, oversold risk. Therefore, the medium-term shocks to keep thinking, single-stage approach requires strict control of the empty positions and stop-loss level, the proposed position in the 1 / 5, a stop at 300-500 yuan / ton. Given the strong performance of recent days, short days do not recommend shorting meet up momentum.

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