SMM7, March 3:
During the day, the main 2008 contract of Shanghai lead opened at 14730 yuan / tonne. At the beginning of the session, Shanghai lead briefly boosted to an intraday high of 14770 yuan / ton. Shanghai lead opened the road of correction, accelerated away from the daily moving average line after falling below the daily moving average line, and stopped falling after reaching an intraday low of 14615 yuan / ton in the afternoon. The basic metals rose generally in the afternoon, and the low bulls in Shanghai lead entered the market and rebounded somewhat, but stopped at the first line of the daily average line of 14700 yuan. Shanghai lead gave up its gains again in late trading, closing at 14650 yuan / ton, down 140 yuan / ton, or 0.95%. Its position increased by 250 to 26567 lots, and trading volume increased by 2024 to 24663 lots. The bulls left cautiously during the day, and the bears took advantage of the short-term test. Shanghai lead opened high and walked low today, falling below the 5-day moving average, pointing directly to the 10-day moving average, and the KDJ index opened downward, paying attention to the seesaw performance of the multi-empty force in the night market. The disk may be oscillated within the range of the 5-10 moving average.
