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[SMM stainless Steel Review] SS2007 contract 5 / 10 moving average interval shock follow-up pay attention to the position support of 12800 yuan / ton below

iconApr 30, 2020 18:34
Source:SMM

SMM, April 30: [SMM stainless steel review] Today, the main stainless steel contract has been replaced by the SS2007 contract, the SS2007 contract opened at 12880 yuan / ton, the opening, SS2007 contract pressure 10-day moving average shock downward, fell below the 5-day moving average of 12830 yuan / ton after exploring 12770 yuan / ton. Supported for a small uphaul, the center of gravity moved up to 12800 yuan / tonnage, then around the center of gravity narrow vibration, the upper 12820 yuan / ton line pressure. At the end of the session, it pulled up, recovered its daytime decline to near the opening price, and finally closed at 12860 yuan / ton. Compared with the previous trading day, the settlement price rose 30 yuan / ton, an increase of 0.23%, the trading volume decreased by 3326 hands to 8634 hands, and the position increased by 1396 hands to 39785 hands. SS2007 contract closed today in the long shadow line small negative column, shadow line down 5 days moving average, above facing 10 days moving average pressure, K column as a whole standing in the two moving average interval. Follow-up attention to the lower 12800 yuan / ton gate position support.

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