[brief comment on lead in SMM] 16300 yuan / ton platform suppresses strong lead in Shanghai at night or hovers around Wanliu

Published: Jun 20, 2019 16:14
Shanghai lead closed in the negative line, the upper impact is weak, the upper 16300 yuan / ton compression force is strong, coupled with the medium-and short-term moving average trend is flat, it is expected that Shanghai lead may wander around Wanliu at night.

SMM, June 20 / PRNewswire-Asianet /-

Within a day, the Shanghai lead 1907 contract opened at 16140 yuan / ton. At the beginning of the day, the bulls escaped from the market. The Shanghai lead center of gravity moved down to 16095 yuan / ton for consolidation, and finally closed at 16090 yuan / ton, down 150 yuan / ton, down 0.92%. The position was reduced by 2438 hands to 35206 hands.

Another main contract to 1908 contract, within days, Shanghai lead main 1908 contract opened at 16125 yuan / ton, early in the day, short add code into the market, Shanghai lead shock down to 16060 yuan / ton, followed by 16090 yuan / ton platform shock, finally closed at 16095 yuan / ton, down 135 yuan / ton, down 0.83%, position increased 3748 hands to 39264 hands. Shanghai lead closed in the negative line, the upper impact is weak, the upper 16300 yuan / ton compression force is strong, coupled with the medium-and short-term moving average trend is flat, it is expected that Shanghai lead may wander around Wanliu at night.

(Guo Rong of Shanghai Color Network Tel: 021 51666879)

 

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