The probability of Hujiao rising in May this year is high

On April 26th, Hujiao opened slightly higher and the shock fell. The main 1309 contract closed at 19215 yuan/ton, up 150 yuan. Yesterday (25 days), the rubber continued its steady rebound, and it opened higher today, but it gradually fell within the session. As the holiday season approached, many single-day highs left the market today, focusing on the afternoon trend.

The Tokyo Industrial Exchange Rubber ** rose for a second consecutive trading day on Thursday, hitting a one-week high, supported by the yen’s holding against the dollar at around 100 yen and optimistic expectations of demand. TOCOM October contract settled at 259.1 yen per kilogram, up 0.8%. Positive repurchase in the Chinese market overnight, ending 9 consecutive weeks of reverse repurchases, the Bank of Japan has once again expressed the 2% inflation target, while Germany's upward economic growth forecasts and many other good news prompted the external disk to rise sharply. Today's domestic goods mostly follow the outer disk to open sharply higher, but afterwards, they rushed higher and lower, looking at the oversold bounce of the current round, and the short-term profit-reducing stimulus component was even larger, and the spread of Hujiao's highest point was more than 500 points.

Hujiao: In the early period of 23000, the midline empty single holiday before the close was fully taken off before the close. Hujiao's current round of downturn in macro data dominated, and the midline 20000 was an important resistance; entering the month of May, the probability of Hujiao rising was higher, and it is recommended that it should not be too empty.