October 16 Lun aluminum morning review

On Friday, Lun aluminum opened at 2147 US dollars / ton, during the Asian session, Lun aluminum oscillated upward and constantly tried to break through the 5-day resistance, the center of gravity slowly moved up, entering the European trading session, China's Binzhou production restriction document fermentation, boosting Lun aluminum quickly pulled up to touch 2172 US dollars / ton, but the market for the document interpretation of the installment is large, the upward momentum performance is weak, Lun aluminum gave up part of the rise after weak shock, the center of gravity continues to move down, the night Federal Reserve Vice Chairman Fisher speech said that the Fed is likely to raise interest rates in December, Affected by this, bulls have avoided risk, the base metal leaked rapidly, Shanghai aluminum performance is the weakest, the low once touched 2126 US dollars / ton, the end of the session repair a slight decline to close at 2137 US dollars / ton, it is expected that Lun aluminum today wide range fluctuated at 2125 ~ 2155 US dollars / ton
.