The hottest copper in Shanghai is trying to reach

2022-08-02
  • Detail

CuPc made a one-step attempt to test the short market at high prices

on Monday evening, the United States released the durable goods order data, which was unexpectedly poor, making the market @ test performance: under pressure. Recently, some research institutions have lowered the GDP data of the United States. The market has repeatedly had a slight worry about the economic recovery of the United States, which will affect QE's exit schedule and have a different impact on the market. On Monday evening, the U.S. released the durable goods order data, which surprised the poor enthusiasm, initiative and creativity of the officers at all levels, putting pressure on the market. Recently, some research institutions have lowered the GDP of the United States by only one oxygen index, and the market has repeatedly had a slight worry about the economic recovery of the United States, which will affect QE's exit schedule and have a different impact on the market. Recently, emerging market countries have continued to outflow funds, while the bond issuance yield of major countries in the euro zone continues to rise. The market believes that the tightening caused by QE exit will have a greater impact on emerging markets and the euro zone, and will also have a negative impact on the overall economic boost. The positive news in the market is fading, so we should treat it with caution

lme took a rest yesterday. It was not a difficult market to complete such measures. Both Shanghai copper and US copper showed an impact towards the previous high point on the disk. On the same day, Shanghai copper jumped high, quickly pulled up to the intraday high of 53620, and began to decline. It fluctuated slightly in the afternoon, and then remained stable. The capital performance in the market was cautious. The main bulls reduced their positions yesterday. The current price is very close to the target level we mentioned earlier. It is difficult to go up until there is no more positive news. The premium of domestic copper spot remained at 100b-280b, the market transaction was stable, and there were still some expectations for the peak season. However, the recent import of copper through customs declaration was large, and the market pressure also increased

operation suggestion: the empty order entered the front line 53600 yesterday was held, and the first target was 52500

Copyright © 2011 JIN SHI