[brief comment on SMM Copper] Shanghai Copper position recovery is concerned about whether it can break through the 54000 yuan / ton mark

SMM, January 22: today, the main Shanghai copper 1803 contract opened at 53760 yuan / ton, boosted by China's strong economic data on Friday, Shanghai copper opened on the promotion of long positions opened low and high, and then in the 53700 yuan / ton platform near the narrow shock finishing. In the afternoon, bulls entered the market again, copper prices began the second wave of offensive, high to 53980 yuan / ton, finally closed at 53900 yuan / ton, up 190 yuan / ton, position increased by 3588 hands to 215000 hands, trading volume increased by 69210 hands to 250000 hands. Positions in the Shanghai copper index rose 7592 to 660000. Today, Shanghai Copper once again lost to 54000 yuan / ton integer mark, Shanghai Copper Index positions from last week's low of 650000 hands began to pick up, capital inflows of 185 million yuan. However, Shanghai copper probe low recovery, today closed a hammer line, MACD green column shortened, is expected to try again at night to break through the 54000 yuan / ton mark. The data are light tonight.