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[brief comment on SMM lead] Len lead runs along the downlink channel at night or continues to test 10,000 supports.
Jul 5,2019 18:45CST
translation
Source:SMM
Shanghai lead closing Zhongyang line, there is strong support at the Wanliu pass, the medium-and short-term EMA is upward, and the low level of lead in the outer plate will rise, or will give Shanghai lead a certain power, but the upper 60-day EMA still has a lasting suppression effect. Shanghai lead is expected to operate at night or under pressure in the 60-day EMA.
The content below was translated by Tencent automatically for reference.

SMM, July 5 / PRNewswire-Asianet /-

Within a day, the Shanghai lead 1908 contract opened at 16050 yuan per ton. At the beginning of the day, the short position continued to increase the pressure, and the Shanghai lead shock dropped to 15975 yuan per ton, and then recovered slightly to close at 16010 yuan per ton, down 40 yuan per ton, or 0.25 percent, and the position was reduced by 1036 hands to 50750 hands. Shanghai lead closing in the negative line, the trend of the EMA is flat, the million six support platform still exists, considering that the outer plate of lead continues to run along the downward channel, to a certain extent or affect the trend of the inner plate, it is expected that Shanghai lead will continue to test the ten thousand six support at night.

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

 

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