Stand firm at the key support level, the ferrous metals have not yet ended the long layou

Affected by more news from the outside, the opening trend was not good, and it remained low and fluctuated. However, due to the stimulation of the news during the session, and some short sellers left the market, futures rose in the afternoon. The spot quotations in the day were different, some of them kept the downward trend unchanged, and some of them fell first and then rose.
Affected by external complex factors in early trading, the market trend was relatively cautious, and some funds escaped danger, but it did not destroy the bullish situation. In the afternoon, with the clarity of various news, the mentality improved slightly, some shorts profited and left, and the bulls continued to exert their strength.


Post time: Sep-20-2022