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[brief comment on lead in SMM] it is recommended that Shanghai lead break through the 60-day moving average and be cautious at night.
Jul 1,2019 16:26CST
translation
Source:SMM
Shanghai lead closing Dayang line, has stood on the 10,5, 60-day moving average, and medium-and short-term averages turn upward, but in the afternoon, Shanghai lead pull up is mostly caused by short departure, coupled with the above 16300 yuan / ton platform has a strong suppression, Shanghai lead uplink space is limited, pay attention to whether Shanghai lead can hold the 60-day moving average at night.
The content below was translated by Tencent automatically for reference.

SMM, July 1 / PRNewswire-Asianet /-

During the day, the Shanghai lead 1908 contract opened at 16070 yuan / ton. At the beginning of the day, Shanghai lead basically revolved around the 16130 yuan / ton line above the daily average. In the afternoon, the center of gravity of Shanghai lead slowly moved up, and once climbed to 16275 yuan / ton, finally reported at the daily high of 16275 yuan / ton, up 2445 yuan / ton, an increase of 1.53%, and the position was reduced by 5118 hands to 51342 hands. Shanghai lead closing Dayang line, has stood on the 10,5, 60-day moving average, and medium-and short-term averages turn upward, but in the afternoon, Shanghai lead pull up is mostly caused by short departure, coupled with the above 16300 yuan / ton platform has a strong suppression, Shanghai lead uplink space is limited, pay attention to whether Shanghai lead can hold the 60-day moving average at night.

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

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