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[brief comment on lead in SMM] lead in Shanghai falls below the EMA support at night or tests 10,000 support again
Jun 27,2019 16:02CST
translation
Source:SMM
Shanghai lead closed the Dayin line, fell below the EMA support, and 5, 10 days EMA formed a dead fork, coupled with the weekly level, the 5-day EMA showed a downward trend, it is expected to test the Shanghai lead again at night.
The content below was translated by Tencent automatically for reference.

SMM, June 27 / PRNewswire-Asianet /-

Within a day, the Shanghai lead 1908 contract was opened at 16185 yuan / ton. At the beginning of the day, Shanghai lead was under pressure at the daily average and consolidated along the 16145 yuan / ton line, nearing the close, short positions added to the market, Shanghai lead fell to 16035 yuan / ton, and finally reported at 16040 yuan / ton, down 185yuan / ton, down 1.14%, and the position increased by 1946 hands to 53732 hands. Shanghai lead closed the Dayin line, fell below the EMA support, and 5, 10 days EMA formed a dead fork, coupled with the weekly level, the 5-day EMA showed a downward trend, it is expected to test the Shanghai lead again at night.

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

 

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