SMM, July 17:
The Shanghai tin high jump opened at 140620 yuan / ton yesterday. After the opening, under the influence of bulls entering the market, it shook all the way up, hitting the intraday high of 141980 yuan / ton. Then the bulls made a profit to leave the market, a small pullback, and horizontal concussion. It opened at 141530 yuan / ton in the morning, fell slightly after opening and then fluctuated upwards. after hitting a high of 141960 yuan / ton, it shook sideways around 141000 yuan / ton after pullback, closing at 141200 yuan / ton, up 1280 yuan / ton, or 0.91%. 45045 hands were traded, 28635 positions were held, and 1090 hands were reduced. The physical part is located between the 10-day and 20-day moving average, and the upper pressure level is expected to be around 142500 yuan / ton.
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