The yang line came suddenly, but it seemed to coincide with it; after the commodity index closed the sun on a daily basis, the market had a feeling of changing from one yang to three views, and the black/chemical line was red across the board. Graphical structure The previous article said that only the Yang line can change the pattern of yin and fall, from the daily structure of the Wenhua Commodity Index daily K top to the long and short line nearby, it will break up at any time, but the MACD still limits the rebound height below the 0 axis. The whole structure is still chaotic, but today's yang line may become a ray of light, illuminating the short-term direction. The general trend remains cautiously bearish, but short-term bulls will have a respite.
Chemical: Today's Yang line does not have much to be proud of, after all, in the case of crude oil/coal rising hand in hand, it is still suppressed by the long and short line and cannot be broken, indicating that there are indeed certain problems in the supply and demand of the domestic chemical sector. Fundamentals we do not say much, the chart on Friday after the slowdown of the daily K Yang line stabilized, the indicator on the MACD fast and slow line glued, so the indicator basically has no reference significance. The daily shock of several major varieties of the chemical sector has no obvious trend on the daily line, and the difficulty of trading has increased; but with the replacement of contracts this week, it will usher in a short-term smooth market.
Black: I have been talking less about the graphical analysis of the black chain index, one is that it is easy for everyone to be confused, and the other is that the recent graphical changes are not large. The black chain index only needs to grasp a few important thresholds, and the rest is left to time and market. If you keep up with last Friday's thread long orders, even if you leave the market at today's close, you are already a winner; if you continue to hold until the next market turning point arrives, it is undoubtedly a higher level.
Grease: The daily bardo has fallen below the top triangle structure, so the structural grease plate is about to enter a technical bear market? The daily line on the graph fell below the triangle to finish the lower edge, the daily line in a new low, MACD weak downward, the price is below the long and short line; on the whole, the oil and fat plate is still maintaining the idea of weakening the shock, but today after a small low, pay attention to the strength of the bulls counterattack in the next trading day, relying on the daily yin line high for risk control.
Thread: Trading is to find your own opportunities in a random market. 30 minutes last week from the high point after the formation of the head and shoulders top structure can not fall sharply, and the daily structure has always remained more; combined with multiple factors to consider that last Friday is also relying on 4260 for risk control to open more near 4310, today's trend to see the thread 30 minutes has broken through the suppression near 4350 to form an upward attack again. If the multi-tailed set has left the market, you have already won, if you still hold it or will be the icing on the cake.
After the two Yang lines rise after the thread daily line retraces the long and short lines, the market will test the suppression of 4500 upwards, if it fails to break through 4500, more than one order needs to choose the opportunity to leave the market and wait for the opportunity to move; after the breakthrough, according to the upward momentum, the long order will be determined. Thread 05 contract multi-level are in the resonance upward trend, short-term cycle relying on 4350 for risk control multi-order follow-up.
Soybean oil: The daily line bottomed out near the low of 8200, this position is also the low of the first Big Yang line, and the decline of the soybean oil 05 contract is still not resolute enough, so the short-term market is still repeated. The graphical structure of the soybean oil 05 contract is consolidating above the support after continuous decline, but the price is still below the long-short line, and the MACD on the indicator is still bearish, so the big idea structure still maintains the rebound short. The soybean oil 05 contract focuses on suppressed entry opportunities near today's high of 8480.
Methanol: If you grasp the turning point of the market fluctuations in the oscillation, you will get a rich return; if you know the progress and retreat in the next market, your trading will definitely gradually enter the best state. Last Friday I asked everyone whether methanol is up or down, most people give me the answer is down; in fact, there is no right or wrong here, the oscillating market did not break through before no one knows the direction, but the difference in trading habits will lead to different results. Last Thursday, the methanol 05 contract hit a low of 2451 and remained above the low as of Friday night, and the market's turning point began from here, so we also relied on 2450 to enter the market for risk control last Friday, and today also broke through the suppression of 2530 as scheduled.
On the graph, the methanol 05 contract broke through 2530 in the morning after all the Yang line rose, the market bullish sentiment was high, the daily line of a Yang changed three views, the daily line of the methanol 05 contract is also expected to break through upwards, and the short cycle of the methanol 05 contract relies on the support near 2530 to enter the market.
PP: There are not many signals on the daily line, only a big yang line to establish the belief of the bulls, but how long it can be maintained will remain to be tested. From the 30 minutes and 120 minutes to see the PP05 contract and the expectation of the double bottom structure, the next transaction can pay attention to the breakthrough of the double bottom neckline of 8100; effectively break through our trend more than a single follow-up is good, no breakthrough can continue to wait and see.
PVC: There is no obvious trend in the daily trend, continue to maintain a large range of oscillations, and at present, the lower range is a huge earthquake, and the difficulty of trading is increased.
Pulp: After the reversal of the daily big yin line, the pulp 01 contract continued to fall today, but the downward force of the shift for the month will not be very large, and the short-term line can still follow the short order. The pulp on the weekly line stepped back to near the half position of the big Yang line last week, and the market is expected to stabilize and rebound after stepping back again next week. Be patient and wait for the opportunity to stabilize long orders for pulp forward contracts.