Market Trend Differentiation &Nbsp; Cotton Fell Sharply

　 On Wednesday, the trend of domestic market trend was obvious. The trend of sugar and plastics went up slightly, which was affected by overnight cotton futures. The domestic cotton had a sharp adjustment yesterday. The non-ferrous metal tail plate generally fell slightly, and Shanghai copper fell nearly 1%.

Futures column author Wen Zhu believes that the commodity market continued to shake violently yesterday. commodity The center of gravity shifted downward compared with the day before yesterday. The focus of the index moved upward than the previous day, and the differentiation of the different categories of varieties became more and more powerful. At present, the market is generally in a rebound cycle after falling, and the consistency of the trend of the varieties will be reduced.

Specific to the varieties, Stock Index Futures Yesterday's low recovery, the daily line received three Lian Yang, in recent days, the stock index short several times to suppress all did not attack and return, stock index time out of the "small circle bottom" form, today's price will be on trial downward trend line, if the breakthrough, the center of gravity will move upward, but from a longer cycle, the stock index does not have the potential of rising trend, the rise is still regarded as a rebound.

Commodity futures, which opened for two consecutive days this week, are similar to yesterday's day, and are very repetitive. Since May 16th, the downward trend of commodities has come to an upward stage. The pace of rising is three, and it is a rebound. Quotation The characteristics of this week's continuous low opening, the rebound has entered the resistance area, the market is facing repeated. The rebound is weakest in the PTA. From its form, the price breaks through the lower edge of the channel, and it rebounded back to the channel in the near future. The ratio between the rebound band and the previous down band is not enough coordinated, and the time and amplitude of the rebound are both short. It is expected that there will be a period of concussion and the power to fall again after the Japanese line index is transferred to a high level.

In addition, some analysts believe that the current copper, zinc, rubber, etc., in the Japanese K line shape are subject to the 60 day moving average and the downward pressure line constraints, short and fierce competition in this area, investors should not chase the rise or fall.