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[brief Review of Zinc in SMM] short departure boosts Zinc Price in Shanghai or High Jump opening at Night
Oct 10,2019 17:04CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM10, 10 March:

 

Within the day, the Shanghai zinc main force 1911 contract opened at 18815 yuan / ton. At the beginning of the day, Shanghai zinc narrowly consolidated and tried to detect the suppression of the middle track of Brin Road, but failed to stand firm. Under pressure, it reached 18800 yuan / ton and found support near the daily average. in the afternoon, most of the empty level boosted Shanghai zinc upward by 18855 yuan / ton, closing up 18850 yuan / ton, up 160 yuan / ton from the previous trading, up 0.86%, and trading volume increased 53242 hands to 204000 hands. Positions were reduced by 3936 to 154000. Within the day, Shanghai zinc received the small yang line, attached to the shadow line on the Brin Road middle track, the month contract and the main contract spread from-10 yuan / ton to-50 yuan / ton, indicating that the near weak and far strong pattern gradually strengthened, the intraday position reduction is mainly short, indicating that the bulls still do not have sufficient confidence, Shanghai zinc action can be considered temporarily, pay attention to the outer plate guidelines at night, Shanghai zinc or high jump opening.

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