12.7 Zheng Cotton: Open High And Low &Nbsp; Reduce Shrinkage.

2011/12/9 12:59:00 13

Reducing Shrinkage Of Cotton By Shrinkage

On Tuesday, December 7th, the new period ended high, affecting today.

Zheng cotton

The CF1205 and 1209 contracts opened high, and the early trading in the bull market closed down, and then the system failure paction was suspended. After the resumption of trading in the afternoon, the market continued to adjust, and the rebounding at the end of the day was rebounded under the support of short back support, and the day line formed a small line.

The CF1205 contract concluded 49410 hands on the day, 6432 on the day, and 205816 at the end of the contract; the CF1209 contract day was 15058 hands, and the day was reduced by 1402, and the final position was 37094 hands.

Today, Zheng cotton's CF1205 contract is open to adjust the Yin Xing Star, and the Japanese line has undergone technical adjustment after receiving four consecutive days. The price has been maintained above the EMA, and the central line has many advantages; the 60 minute figure has dropped sharply, and the afternoon before the price test is going on.

adjustment

Low point rebound, technically regarded as a departure from the RSI7 repair, relatively short term structure is relatively large.

Zheng cotton CF1209 contract opens high

adjustment

When the high line is blocked, the technical plane stays upwards, and the 60 minute figure opens up and falls down to form an interval oscillation pattern. The high point pressure on the previous day needs to be digested, and the short term pattern is much more, but there is a possibility of adjusting the line back to the test line 21000.

Operation suggestion: CF1205 contract is adjusted to try a little more.

Damage location

Under reference 20400.