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[brief comment on tin in SMM] affected by news and short forces, Xichong high fell back in Shanghai.
Jun 19,2019 17:17CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM6 19-month news: Shanghai tin main 1909 contract last night after the opening of 143840 yuan / ton, by Chinese President Xi Jinping 18 and U. S. President Trang ordinary telephone positive news surface influence, Shanghai tin all the way up shock, climb to 144930 yuan / ton, the end of the market slightly fell back. After the opening of 144710 yuan / ton in early trading this morning, affected by short forces, the wave band fell, and finally closed at 144050 yuan / ton, up 410yuan / ton, or 0.29 per cent. The trading volume was 14294, an increase of 3578. The position was 41878, an increase of 364 hands. Today, the overall impact of tin in Shanghai fell back, showing a small Yang line, the upper shadow line is longer, located near the 5-20 EMA, it is expected that the support below the Shanghai tin is located in the early platform high point of 143500 yuan / ton, the upper resistance is located in the 5-20 EMA around 144500 yuan / ton.

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