At 9:00 a.m. on September 24, as soon as the futures market opened, the price of copper fell sharply by 1,020 yuan from yesterday. This result shocked Xue Chenzhi's mouth wide open, and he couldn't close it for a long time.

"How could it be such a trend?" Xue Chenzhi said to himself.

What's even worse for him is that after the sharp gap and low opening, copper prices have been hovering at a low level during almost the whole day's trading hours, and there is no obvious upward trend at all.

If yesterday's and today's declines were a pullback after a rapid rise, then now this position should be a good position for bulls to buy dips, but why has copper prices been tepid at low levels during nearly three hours of trading?

As if to give Xue Chenzhi a glimmer of hope, copper prices rose in a wave within half an hour before the close, and the increase was not small, making the K-line chart, which has been a negative line after today's opening, become a positive line.

Xue Chenzhi really saw a glimmer of hope from this wave of rise before the close, he thought: It seems that the bulls are still relatively strong in the low buying power, but this amount can be amplified a little late, and the price rise is also a little late, the current price is still pressed below the 5-day moving average, and there is a gap of 580 yuan between yesterday's closing price. This is a bad sign and clearly indicates that the likelihood of copper prices continuing to move lower is much greater than the likelihood of rising. But fortunately, today is only Wednesday, there are two trading days before the National Day holiday, see what the trend of copper prices is in the last two trading days, maybe tomorrow and the day after tomorrow futures prices Jedi rebound is not impossible.

The rapid rise and fall of copper prices in the past two days made Xue Chenzhi gradually turn into disappointment from full of hope, but it made Li Xin's heart gradually ripple from a stagnant heart. He seemed to see some hope in it, but he was not sure if it would be realized.

Now Li Xin, like Xue Chenzhi, is looking forward to the trend of copper prices on Thursday and Friday, the last trading days before the National Day, to be revealed as soon as possible. Xue Chenzhi hopes that copper prices can get out of the trend of continuing to rise, while Li Xin is the opposite, he hopes that the trend in the last two days can strengthen his determination to continue to be bearish on copper prices.

On Thursday, September 25, at 8:59, the results of the call auction came out, and the copper price opened again with a gap and a low opening rhythm, and the opening price was 52,710 yuan. This price fell by 780 yuan again compared to the previous day's closing price of 53,490 yuan.

For such a result, Xue Chenzhi and Li Xin, who were thousands of miles away, had different feelings in their hearts.

Xue Chenzhi's heart sank: "TMD, it's a big gap and a low opening, I'm afraid this price can't stand it!"

But when Li Xin saw such an opening price, she slapped the table with joy: "Damn, the opportunity has come!"

Xia Xiaona was startled by Li Xin's commotion, and she asked, "What's wrong with you?"

Li Xin said excitedly: "Today's opening copper prices fell sharply again, maybe the opportunity to short again comes." ”

Xia Xiaona asked puzzledly: "The 4,000 hands of the short order in your hand just closed the position last Friday, didn't you still say that the copper price will continue to rise sharply the day before yesterday? Why are you thinking about going short now, are you sure? Didn't you say that today and tomorrow are the last two trading days before the National Day holiday? If it rises sharply after the holiday, it will be troublesome." ”

Li Xin said: "I'm just just an idea, whether to continue to be short or not has to look at the trend today and tomorrow to decide." The price trend in the past two days is very critical, or we won't go out to play today, let me concentrate on the price trend, okay?"

"Okay. Xia Xiaona thought for a while, and then said, "Why don't you watch the futures market at home, and I'll go out to buy vegetables and come back to cook for you, okay?"

"Great, that's it. ”

"And what do you want to eat? You said I'm going to buy it. ”

Li Xin was intently waiting for the opening, how could he have the heart to think about these issues? He waved his hand to Xia Xiaona and said, "Whatever, you can do it." ”

Xia Xiaona saw Li Xin staring at the computer screen, without even looking back when she spoke, and said a little unhappily: "It's not sold casually." ”

Li Xin heard that Xia Xiaona's tone was a little wrong, so she turned around and said: "Then buy some shrimp to make boiled shrimp, and buy another sea bass to make steamed sea bass, I like to eat these two dishes the most, and they are very simple to make, time-saving and delicious." As for vegetables, I don't even know what varieties of vegetables are available in this place, can you buy them well?"

Xia Xiaona said: "It's easy! ”

Today's low opening price made Li Xin and Xue Chenzhi excited and pessimistic, and the feeling in their hearts was that there were two heavens of ice and fire.

At the same time, however, the successive sharp downward gaps in prices have given them a common view, that is, copper prices are likely to continue to fall.

But just one minute later, after the futures market officially started trading at 9:00, the trend on the time-sharing chart suddenly changed the mood of the two.

After the copper price opened at a sharp gap of 52,710 yuan, it fell rapidly in just three or four seconds, hitting the lowest point of 52,640 yuan on the day and immediately rising. At 9:10 o'clock, the price had risen to 53,060 yuan, followed by another wave of rapid rise, and at 9:15, the price had risen to 53,310 yuan.

After a short pullback, at 9:21, the price pulled back to 53,180 yuan, and then immediately pulled up by a wave of buying, and by 9:37, the price had risen to 53,420 yuan.

At this time, the price has risen by 710 yuan compared to the opening price of today's gap. The candlestick chart has turned into a long white candlestick.

Because today's opening price of 52,710 yuan is almost the same as the closing price of 52,460 yuan on May 19, Li Xin has been looking forward to the price gap after the low opening, the bears will take the opportunity to suppress a wave, if the price can be hit below the closing price of 52,460 yuan on the 19th, the situation will be more favorable to the bears.

Because this is the penultimate trading day before the holiday, if the price continues to fall after the opening of today, then the psychological pressure on the bulls is very heavy. Those investors who hold long positions have to consider whether they have to stop loss today, because if they do not stop loss today, in case of a sharp gap in the last trading day tomorrow, those investors with heavy positions are likely to have no way to get out of the country before the National Day holiday, and if the price continues to fall sharply after the holiday, the loss of the bulls is very large.

So before the official start of trading at 9:00, Li Xin kept thinking that the probability of closing the negative line today was very large. If he closes a long black candle today, he may start to empty the 4,000 short orders that have been closed again this afternoon or tomorrow morning.

But what he never expected was that in the opening of more than half an hour, the price not only did not fall, but was quickly pulled up.

Such a rapid rise in a short period of time, it is possible that the bears will settle the dip to get the price up, or it may be that the bulls will open a position at a low level to buy and pull the price up, because today is the penultimate trading day before the National Day holiday, the time window is very important, and the short position or the long position may cause the price to rise rapidly, but which side is working hard Li Xin has no spectrum.

In the face of the sharp drop in the opening price, Xue Chenzhi originally lost hope for copper prices. But I didn't expect that within half an hour after the opening, there would be such a strong trend in the time-sharing chart, which seemed to give him a shot of chicken blood, which made him immediately change from sluggishness to excitement. He thought to himself: It seems that there is still hope!

However, this trend did not last long, after the price rushed to 53,420 yuan, from 9:37, the price gradually pulled back, and at 10:01, the price fell again to 53,190 yuan.

Subsequently, the price fluctuated back and forth between 53,190 yuan and 53,400 yuan, and there was no obvious upward and downward trend.

Such shocks and entanglements continued until 2:20 p.m., and the price started a wave of rise from 53,320 yuan again, and after just 4 minutes, the price rose to 53,530 yuan.

The price rose quickly in these four or five minutes, and then fell quickly, starting from 14:24 The price began to fall again, and after just 9 minutes, at 2:33, the price fell to 53,390 yuan.

Then another wave of buying drove the price higher, and by 4:47 p.m., the price had risen to the highest point of the day at 53,580 yuan.

Just when Li Xin was worried that the price would continue to be pushed up by buying orders in the next 13 minutes, and Xue Chenzhi hoped that the price would continue to rise, in the remaining 13 minutes of trading, the price gradually fell from the highest point of the day at 53,580 yuan, and closed at 53,440 yuan at the close.

This price has also fallen by 50 yuan compared to the closing price of the previous trading day.

Such a result, compared with the opening price, brought different feelings to Li Xin and Xue Chenzhi. The results of the opening disappointed Xue Chenzhi and gave Li Xin hope. However, the closing price gave Xue Chenzhi hope and Li Xin a little disappointed.

Seeing that Li Xin left the computer for a while except for lunch and lunch break, he almost sat in front of the computer and meditated the rest of the time, so after the market closed at 3:00 in the afternoon, Xia Xiaona dragged Li Xin to the yard to feed the fish: "You've been sitting in front of the computer for a day, aren't you tired?"

"Luckily, I'm used to it. ”