[brief comment on lead in SMM] short positions increase nearly 10,000 hands for two days in a row and pay attention to whether Shanghai lead can recover 10,000 levels at night.

SMM, June 21 / PRNewswire-Asianet /-

During the day, the Shanghai lead 1908 contract opened at 16280 yuan / ton, at the beginning of the day, the short position added into the market, Shanghai lead concussion was explored, and then stabilized and consolidated at 16015 yuan / ton, followed by short-term profit departure, Shanghai lead shock platform rose slightly to near the daily average, near the close, due to the overall weakness of non-ferrous metals, Shanghai lead fell below the 10,000 integer mark, and recorded an intraday low of 15945 yuan / ton, finally reported at 15965 yuan / ton, down 155 yuan / ton, down 0.96%. Position increased by 6392 to 45656. Shanghai lead reported to the Dayin line, initially formed a downward channel, broke through the middle rail support of Brin Road, and 5, 10 days EMA formed a dead fork, Shanghai lead upward resistance is greater, pay attention to whether Shanghai lead can recover the psychological barrier at night.

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