Copper and aluminum: blocked by the 3090 line and no hope of the recent 3100 above, LME copper futures sought support, yesterday's session low of 3027, closing price of 3040, volume 64495 hands. Although the length of the copper stick of LME copper yesterday was not large, it had a great impact on the market: (1) After several rounds of arrivals between 3020 and 3120, the trading center of gravity was biased below 3050, apparently for short-sighted bulls. It was a blow; (2) In the last two days, the domestic Shanghai copper showed a slight “disharmonious†note, which opened higher and closed lower for two consecutive days. At this time, the LME copper price fell below the 3050 closing, and it is doubtless that the bullish strategy for the Chinese New Year will not be affected. Small; (3), Shanghai copper 502 contract squeeze positions would have been expected to make a difference to 32000, this way, in the case of empty disk volume is only 10,000 hands, it may be like getting troops. The weaker LME copper price yesterday did have a great impact, but it did not cause the rain in the market. Suggestion: More than one time holds a wait and see. Just for the sake of controlling the risk, Shanghai Aluminum proposed to take more than one profit.
Infra Red Lamp,Infrared Light Bulbs,Halogen Infrared Heat Lamp,Red Light Halogen Bulb For Poultry
NINGBO LONGFLIGHT INTELLIGENT TECHNOLOGY CO.,LTD , https://www.long-flight.com