[brief comment on Tin in SMM period] A small number of short positions enter the Shanghai Stock Market under pressure shock

SMM6 3-month news: Shanghai tin main 1909 contract last night after the opening of 143520 yuan / ton, the beginning of the market quickly fell to 142750 yuan / ton after hitting the bottom to rise, around 143150 yuan / ton near shock finishing, spit back nearly half of the decline in the previous period. After opening 143280 yuan / ton in early trading this morning, it fell to an intraday low of 142530 yuan / ton at the beginning of the day, and then remained at 142900 yuan / ton until the close of trading. Finally, it closed at 143080 yuan / ton, down 143280 yuan / ton, down 0.21%. The trading volume was 15678, a decrease of 2272. The number of positions was reduced by 42904 hands. Today, Shanghai tin overall maintained a low consolidation, with a small negative line closing, located below all EMA, Shanghai tin is expected to support 142000 yuan / ton below, the upper resistance of 144500 yuan / ton.

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