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[brief Review of Aluminum in SMM] Macro boosts short-term trading sentiment to be optimistic
Apr 7,2020 18:38CST
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Source:SMM
Macro boosts short-term trading sentiment to be optimistic
The content below was translated by Tencent automatically for reference.

SMM, April 7-

The 2006 contract of the Shanghai Aluminum Company was opened at 11565 yuan per ton on Tuesday. After the opening of the short position reduction of more than 1, 000 hands, the disk once touched 11720 yuan / ton fell back; in the afternoon, the opening of a slight correction, closed at 11620 yuan / ton. Daily K line closed a small positive line, up 75 yuan / ton from the previous day, an increase of 0.65%, unilateral positions increased by 1030 hands to 137000 hands, mainly long positions. The third line of daily KDJ is up, and the MACD column changes from green to red. In the near future, the macro side is optimistic, the market has a certain expectation of tax reduction, but also driven by the external disk. Shanghai aluminum is expected to open tomorrow will still be dominated by interval shocks, the market long short sentiment is more cautious, running in 11500-11700 yuan / ton.

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