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August 25Th Zheng Cotton: High Opening Down &Nbsp; Digestive Pressure

2010/8/26 15:10:00 62

Zheng Cotton

On Tuesday, August 25th, the new phase began to pick up and recover.

Zheng cotton

The CF1101 contract opened high, and after early adjustment, it was upwards and consolidated under the promotion of long buying. In the afternoon, it was depressed by the closing position, and the Japanese line formed a high open line.

The CF1101 contract concluded 131502 hands on the day, 3026 additional positions at the end of the day, 131502 hands at the end of the contract, 56972 contracts on the CF1105 contract day, 966 additional positions on the day, 85518 hands at the end of the day.


Today, Zheng cotton CF1101 contract opened up and closed down.

Period price

The high opening breaks through the 13 day high point, although the day line receives the shade but continues the upward pattern; the 60 minute graph high opens the entire plate weakly, the paction center of gravity moves upward to 13 to 19 day tray entire box body.

Shock

The short line did not fill the gap on the same day and finished on the 10 average line. The short-term pattern was also more favorable, but the 13 day high point pressure needs to be digested, and the RSI7 line deviated from the daily line.


Zheng cotton's CF1105 contract opened at a high level, and the Japanese line continued to rise for three days to recover the last Friday's decline. The technical side was relatively high; the 60 minute high opening of the market broke through 16 and 20 days, and the two high points tangent position formed a lateral consolidation, and the price broke through the previous day's high point and moved up to 18 days to 20 days.


Operation suggestion: CF1105 contract is adjusted for a small number of stops, with a stop loss reference of 17390, a breakthrough of 17600 can be increased to more than a single amount; CF1101 contracts wait and see temporarily, break through the 17200 line, try a small number of stops, stop loss reference 17030 line.

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