May 10 aluminum market afternoon evaluation

Overnight, Lun aluminum opened high and low, fell sharply and closed in the shade, basically flat at $2748 today
.
Shanghai aluminum opened sharply lower in the night, and the shock upside was close to turning red, closing at 19760
.
Shanghai aluminum trading rose and positions fell, and market sentiment was neutral
.
The Russia-Ukraine conflict is still fierce and market uncertainty is high
.
The trend of Lun aluminum is weak, and the technical form of Shanghai aluminum has improved
.
Short-term low volatility, the epidemic situation in Shanghai tends to stabilize in the medium term, market sentiment improves, and the internal trend is expected to be stronger than the external market
.
Upper pressure 21000, lower support 19000
.

After the Shanghai aluminum festival, the price quickly corrected
.
At present, the mismatch between domestic supply and demand caused by the epidemic and the opening of the export window caused by the energy crisis still exist, and the new variable is the continuation of the high supply situation brought about by the high start of domestic electrolytic aluminum
.
Because the demand is generally accepted by the market, the market is also trading the future supply and demand mismatch repair, but from the current observation of the domestic epidemic situation, it can be seen that the inflection point in Shanghai has appeared, but Beijing, Zhengzhou and other places have begun to tighten, and with the further deepening of the domestic supply and demand mismatch, the market has the possibility of ushering in a short-term adjustment and is still there
.