The choice of price direction is dominated by supply pressure, and the safety of lithium carbonate short selling is better?
2024-05-24 09:10:56
Gold ten futures on May 24th news, the main contract of lithium carbonate rose sharply in early trading, rising more than 1% in the day. South China Futures said that the certainty of month-on-month growth in demand is strong, but in the case of higher growth in supply, the direction of price selection is dominated by supply pressure. At present, the price will induce a large increase in supply, and the pressure above the price is obvious. The price fell below the shock range, and the center of gravity further moved downwards. Strategy advice: cautious short chasing, short selling between 10.8-11 million is better.