September 9 news
[Key Insight] In the short term, MTBE is in a volatile and weak rebound pattern with a clearly bearish bias. It remains at high levels across multiple timeframes, leaving limited room for further upside and increasing the risk of a pullback from these elevated levels.
1. Average Difference Change Table
| Average Difference Type | Today’s Value (2026.09.08) | Yesterday’s Value (2026.09.07) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 74.40 | -8.80 | + |
| 10-day Average Difference (D10) | 52.91 | 72.11 | - |
| 20-day Average Difference (D20) | 127.54 | 133.04 | - |
2. Signal Status Determination
The current combination of changes in the three consecutive differences—(+, -, -)—constitutes a weak rebound (bearish) signal.
3. Trend Direction Conclusion
The short-term trend is oscillating with a bearish bias. Reason: The changes in the three average differences (D5, D10, D20) from the previous day are not entirely consistent, which does not meet the criteria for a clear upward or downward trend, thus the basic trend is judged to be oscillating; combined with the characteristics of the 5-day average difference only rebounding for one day and the medium- to long-term average differences continuing to decline, the bearish attribute becomes prominent.
4. Positional Spatial Reference
MTBE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), with very limited room for further increases and a high risk of a pullback from these high levels.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
