Li Xin thought that the price would continue to fall a few days ago after opening low, but the price only fell slightly to 54,900 yuan in one minute and was quickly pulled up, from 9:01 to 9:19 The price went all the way up, rising to 55,310 yuan in ten minutes, an increase of more than 400 yuan.

Then there was a small pullback within three minutes, the price pulled back to 55,190 yuan, and then from 9:23, the price started from 55,190 yuan again, and rose to 55,430 yuan ten minutes later.

Next, from 9:34 to 9:50, the price fluctuated slightly between 55,430 yuan and 55,340 yuan, and at 9:51, the price began to rise again, rising from 55,360 yuan to 55,540 yuan within 5 minutes.

This price has broken through yesterday's high of 55,450 yuan.

You must know that yesterday around 55,450 yuan, Li Xin had already moved the idea of reducing his position and leaving the market.

Looking at this trend, Li Xin was a little confused: What's going on, what do the bulls think? If you want to rebound, why didn't you make a big move yesterday, but put it to rise today!

And it's not weak.

On August 13, it rose by 400 yuan within 12 minutes after the opening of the market, and it also rose by 400 yuan within 20 minutes after the opening of today.

On August 13th, the opening of the market within 12 minutes of pulling up 400 yuan is a long time of shock, and there is no obvious decline, the main upside is completed after 10:42, from then to 15:00 in the afternoon closed up a full 1700 yuan.

And today, from the opening to the present, the trend in more than 50 minutes has been rising, and the rise is much greater than the increase before 9:56 on August 13, does this mean that the next rebound will be stronger?

As soon as she thought about these problems, Li Xin's heart rate couldn't help but increase again.

However, long-term experience has taught him that he can't chase short at a low price, and he can't chase high and go long when the price is rising.

Although he is closing a short position, he is actually doing a buy operation, which is very taboo at this time. Even if you want to close the position, you can wait for the price to fall back and then buy to close the position, so that the price will be more advantageous.

The rebound after the sharp decline the day before yesterday did not have a lot of strength, and the strength of today's rebound is also questionable.

Besides, there was a pullback in the rebound of more than 2,000 yuan from the low point to the high point on August 13, and I don't believe that there was no pullback today.

Yes, that's it, wait to see how the next trend is today, if it continues to rise again in the afternoon, then it's not too late to close the position.

Just when Li Xin's heart was pounding and thinking about these problems, the price did not appear in the straight line upward trend that the bears were most worried about, but oscillated after rising by more than 600 yuan.

By 10:09, the price fell back to 55,300 yuan.

After 20 minutes, the price rebounded to 55,450 yuan, and then began to fall again, and by 10:51, the price fell to 55,140 yuan.

Looking at such a trend, Li Xin knew in his heart: from 9:56 a.m., the whole trend was getting lower and lower, falling by a total of 400 yuan, which was not a small decline, and swallowed up 70% of the rise after today's opening!

This magnitude is much larger than the pullback after the first wave of rally on August 13.

The pullback after the first wave of the rally on August 13 was very limited, and there was a larger rise after 10:42 at that time.

Today's pullback is so large, which may indicate that the strength of the rise is really insufficient.

These sell orders are a good thing no matter where they come from, and it is even better if the sell and close orders are closed by multiple parties.

The price has fallen to this position, and if the long side leaves the market with a large number of stop losses, it is easy for the price to go down another two thousand points.

It's a pity that the position data has increased and decreased in the past two days, and it is impossible to see which side has reduced the number of positions more.

Anyway, as long as there is a shock, I am afraid that I am afraid that it will rise in a straight line in a short time. If there is a shock, it means that there is a scramble, and the psychological advantage of the bears in this position is more obvious, and the longer the time drags on, the more beneficial it is for the bears.

The momentum of the price to continue to rise after this wave of fall is completely suppressed, although the lowest price did not break through the low point of 55,140 yuan, but the upward did not break through 55,390 yuan, the overall trend is in a space of 250 yuan back and forth. At the close of the afternoon, the price was 55,220 yuan.

This price is also down 170 yuan from yesterday's closing price.

Li Xin looked at this trend, with joy and worry in his heart, the good news is that today's closing price is lower than yesterday's closing price, and the overall trend is still downward. After a series of sharp declines, there was no sharp rebound like August 13 yesterday and today, and the probability of a sharp rebound in the future is relatively low.

The worry is that although today's closing price is lower than yesterday's closing price, the two candlestick charts yesterday and today are two small white candlesticks. He is afraid that such a trend indicates that he will build a bottom in this position in the future.

If that is the case, over time, the bears, who already have a lot of profits, may gradually lose patience to continue to suppress the price, and gradually reduce their positions in this place.

The effect of the main force of the bears buying and closing the position in this place is almost the same as that of the long side buying and opening a position in this place, which will make the price rise sharply.

Thinking of this, the pressure of closing the position that had just dissipated was now gradually hanging over his heart like a cloud.

In the face of the relatively anxious trend of domestic futures copper prices, Li Xin originally hoped that the trend of London copper prices could bring some guidance to his judgment.

Coincidentally, on the night of September 9th and 10th, the trend of London copper prices was the same as that of domestic copper prices, with no obvious upward and downward trend, and a small finishing platform appeared after the sharp fall.

On September 11, the trend of futures copper prices fluctuated less, with an opening price of 55,400 yuan, a closing price of 55,480 yuan, a minimum price of 55,260 yuan, and a maximum price of 55,720 yuan. It is a small white candlestick with a solid part of only 80 points.

The physical part of this white candle is insignificant, and it has only risen by 260 yuan compared with the previous trading day, which is almost negligible.

However, there are still three points to see in this small white candle: first, the bottom of these three small white candles for three consecutive days on September 9, 10 and 11 is gradually raised, and the highs in these three trading days are also increasing in turn.

The second is that the four K-line charts on September 8, 9, 10 and 11 are connected together to form a small arc bottom. Although the number of 4 candlestick charts is indeed a bit low, the pattern of the bottom of the arc formed at the low level after the price crash is indeed very eye-catching.

The trend pattern at the bottom of the arc is a very famous rising pattern, once this pattern is formed, it means that the bottom of the price has been formed, and the price will rise in the future is a high probability event. And once the rally is established, the strength of the upward rush will be very strong.

The third point is also the most important point that Li Xin thinks, when he compared the reticle on the computer screen to the left on today's closing price of 55,480 yuan, he found that the price had quietly broken through the low point of 55,410 yuan on August 13.

After realizing this, he suddenly woke up: in the past three days, he was only busy with the back and forth fluctuations of copper prices in the day, but he completely forgot about the important indicator of 55,410 yuan.

Looking back now, the closing price of 55,390 yuan on the 9th and the closing price of 55,220 yuan on the 10th are almost the same as the very important point of 55,410 yuan.

That is to say, the closing price of the day before yesterday and yesterday's two trading days was also gathering strength when it was hovering before the pressure of 55410, and the price quietly broke through this important pressure point at the close of the 11th today.

It's all like a plan to do quietly, trying to avoid making big moves to attract the attention of others.

Is this a coincidence or a deliberate act of the bulls?

If it is really deliberate by the bulls, then their minds are too meticulous.

These three highlights made Li Xin a little unable to sit still.

After carefully studying today's trend, Li Xin, who felt that the overall trend was still down, found something that made him feel gratified: although today's closing price broke through the key point of 55,410 yuan, the price was still pressed below the 5-day moving average, and the 5-day moving average was 55,540 yuan at this time.

Although the small white candle for three consecutive days made the price gradually rise at the bottom in the shock consolidation, forming a bottom that resembles an arc, the rise for three consecutive days is very small, and it is suppressed below the 5-day moving average. Such a trend made Li Xin unable to make up his mind to reduce his position and leave the market immediately.

But now the price has broken through the pressure of 55,410 yuan, and the only thing that can put pressure on the bulls is the pressure line that has been formed at the low point of the year for three consecutive years.

At this time, the position of this pressure line is at 56530 yuan.

Li Xin suddenly realized that it is no longer important whether the bottom of this small arc formed by 4 consecutive K-line charts is established or not, the important thing is whether the price will break through the key position of 56,530 yuan in the next two or three days.

And that night, the trend of London copper prices after closing at 2 o'clock in the night was still the same as the trend of domestic copper prices, which was also a small white candle, and the increase was almost negligible.

This gave Li Xin another bit of luck: the domestic and foreign markets are very cautious, and it seems that the bulls also know that the overall trend is downward, and it is very risky to pull up at the current point.

Even the bulls themselves are not confident, so it will be easy to do.