[brief comment on SMM Aluminum] the trend of Shanghai Aluminum Sunshine is not strong in the day.

Published: Jun 13, 2019 18:22

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The trend of Shanghai Aluminum Sunshine is not strong in the day.

SMM, June 13 / PRNewswire-Asianet /-

The 1908 contract of Shanghai Aluminum main Company opened at 13980 yuan / ton in the morning. In the first trading stage, it gradually went down, fell below the daily moving average, and stopped near 13930 yuan / ton. After the start of the second trading stage, Shanghai Aluminum began to rise low. However, the resistance of the above 60-day moving average was stronger. The aluminum was blocked at 13965 yuan / ton, and then leaked to a low level of 13925 yuan / ton within a day. The end of the day closed at 13955 yuan / ton, down 20 yuan / ton, down 0.14%. Trading volume decreased by 12324 hands to 60366 hands, position increased by 6456 hands to 237000 hands, closed at the Xiaoyang line, but still below the 10-day moving average, the daily MACD green line shortened, the KDJ third line seems to have an upward trend, is expected to continue to maintain range volatility above 13900 yuan / ton in the evening, and pay attention to the impact of market atmosphere on traders' confidence at night.

(SMM Shanghai Nonferrous Xu Man 021 5159 5898)

Evening news

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