SMM, 10 October:
Within days, the Shanghai lead main force 1911 contract short opened at 16915 yuan / ton, Shanghai lead throughout the day around the daily average shock, and the amplitude is about 80 yuan / ton, the top pressure on the Wanqi platform, finally closed at 16950 yuan / ton, down 85 yuan / ton, down 0.5%, position reduced by 1720 hands to 50970 hands. Shanghai lead closing cross star, daily K line trapped between the EMA, the bottom 10 EMA support is still in existence, but the upper ten-day moving average support is still strong, the spot market supply exceeds demand expectations, or it will be difficult to drive Shanghai lead back to the top of Wanqi, Shanghai lead at night or continue to operate under Wanqi.
(Guo Rong, Shanghai Colored Network Tel: 021-51666879)
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