Although the price of copper was higher a year ago than now, the price of cables at that time was also high, and the profits per ton of cables were relatively considerable. But now his life is almost the same as Xue Chenzhi, and Wang Xiaoer's New Year is not as good as a year.

Therefore, now Hou Gui is stricter in the price and rhythm of raw material copper procurement, because if this aspect is lax, the profit per ton of product will be thinner.

At 2 o'clock in the morning on September 27, Li Xin got up on time to check the trend of copper prices in London. Copper closed at $6,820 in London, down 1.94% from the previous session.

This price is very close to the lowest price of copper in London on September 19, when the price of copper rose sharply.

In other words, judging from the K-line chart, the wave of rise on September 19 has all ended so far. And today's black candle keeps the closing price away from the 5-day and 10-day moving averages, and the whole trend has a downward shaky feeling, indicating that London copper prices will continue to fall in the next trading day.

Li Xin's hanging heart is now a little lower, as long as the London copper price continues to decline, it is a good thing.

At 4 o'clock in the morning, Li Xin's mobile phone on the bedside table rang again.

He fell asleep again at 2 o'clock, and now he is sleeping deeply, and he didn't hear the alarm clock, but Xia Xiaona was woken up.

Xia Xiaona turned on the bedside lamp, pushed Li Xin and said, "Is your mobile phone alarm going off?"

Although the light of the bedside lamp was very soft, it still made Li Xin, who had just woken up, a little unable to open his eyes. He narrowed his eyes and asked, "What time is it?"

"It's 4 a.m., how do you set your alarm clock at this time?"

"It's 4 o'clock, I'll have to see where the Dow closes. Li Xin said, getting up from the bed and walking to the laptop.

He opened his laptop and pulled up the market software to see that the closing point of the Dow Jones was 11143 points, up 121 points, or 1.10%.

The most critical thing is that today's Dow Jones' highest point of 11168 points and closing point of 11143 points are under the pressure of the 20 moving average of 111186 points.

Li Xin wants this result, these two white candlesticks indicate that the apex of this wave of rebound is still a long way from the apex of the previous wave of rebound. The highs of the previous rally were also under pressure below the 20-day moving average, and this rally has just come to the position of the 20-day moving average, and the index is likely to fall sharply next Monday, hitting new lows in the near future.

London copper prices have now begun to gradually decline, as long as the trend of the Dow Jones next week also gradually lowers, then the downward trend of the Dow and the wheel of copper can be determined.

With these two guarantees, I am not afraid of these 4,000 empty orders.

Seeing such a result, Li Xin's confidence was greatly increased, he turned off the computer and hurried back to bed.

"How's that?" Xia Xiaona asked.

"The overall feeling is positive. ”

"Well, let's go to bed, I have to catch a flight at 10:00 tomorrow morning." ”

"Hmm. ”

At about 1 o'clock at noon on September 27, Li Xin and Xia Xiaona rushed to the ancient city of Xi'an by plane.

Although Li Xin pretended to be casual on the surface, accompanying Xia Xiaona around sightseeing and tasting food all day long, the entanglement in his heart was known only to him.

After selling and opening a position, he had a very tangled life on Saturday and Sunday.

What will happen to domestic futures prices will not be known until October 6, a week later.

Until then, the only thing to look at is the movement of copper and the Dow in London next Monday, September 29. Li Xin secretly prayed in her heart that September 29 would come soon.

In his opinion, the importance of this day is incomparable to that of the next few days. What will happen to London copper and the Dow on September 29 will almost completely determine the direction of these two markets in the coming week.

As long as we know the trend of these two markets, it is not difficult to infer what will happen after the opening of domestic futures copper prices on October 6.

The 48 hours of torment were finally over.

On Monday, September 29, the London copper price did not fall as quickly as Li Xin predicted after opening slightly lower at $6,790, but oscillated back and forth near the opening price, and the entire range of rise and fall did not exceed 0.1% before 4 p.m.

Li Xin was very disappointed by this trend: Could it be that the negative candle last Friday was just a false shot? Otherwise, how could it not have fallen until now? Because if there were transactions in the domestic futures market, they would have closed by now. In the past, at this time, the trend of London copper has been able to see a rough idea.

Thinking of this, Li Xin was suddenly shocked: Could it be that it is precisely because the domestic futures market is closed and the trend of domestic futures prices is unclear that the trend of London copper prices is so tangled and there is no obvious trend? I originally hoped that the decline in London copper prices would drive domestic copper prices to continue to fall, but now it seems that London copper prices are hesitant and waiting for the trend of domestic copper prices, so who is leading whom?

Li Xin, who is very concerned about the trend of copper prices in London, suddenly realized at this time that he sold the 4,000 short orders, and now it seems that he is really a bit risky. If London copper can't fall today, the trend of London copper will be a little difficult to figure out in the next four or five trading days.

Now the only hope is to hope for a drop in the close of London copper at two o'clock in the night.

Oh, and by the way, there's another point, and the Dow Jones is also very important today.

You can see the opening data of the Dow at 9:30 p.m. domestic time, so at 9:00 p.m., Li Xin sat in front of the computer and waited for the Dow to open.

At this time, the price of copper in London futures fell by only 0.5% compared to the previous trading day. This decline is quite unsatisfactory to Li Xin.

In his opinion, if the trend of London copper this week cannot effectively fall below the lowest point of the year of $6,625 set on September 18, then the price trend of London copper cannot be said to have entered a new round of decline, and it may reverse at any time.

At this time, it was nearly 9:25 p.m., and the price of London copper was still 6,747 US dollars.

The turning point came at 9:30 p.m., when the Dow opened at 11,139 points, which was about three points lower than the previous day's closing level of 11,143 and could almost be seen as flat.

The Dow opened at this point and fell rapidly, and just one minute later, at 9:31, the index fell to 11019, a drop of 124 points, or 1.11%.

This opening is a black candle, and the trend is completely in line with Li Xin's judgment: the Dow will continue to fall under pressure from the 20 moving average.

The subsequent trend made Li Xin more and more surprised, and at 21:54 in the evening, the Dow had fallen rapidly to 10,806 points, down 336 points, a decline of 3.02%.

Looking at the longer and longer black candle of the Dow, Li Xin once again rejoiced in the results of his successful technical analysis.

Now he suddenly remembered that he had been paying attention to the trend of the Dow after 9:30, but he had forgotten to look at the trend of copper prices in London. So he re-adjusted the trend of London copper prices, and he found that after 9:30, because of the sharp decline of the Dow, London copper followed the decline almost at the same time, and the decline has expanded to 2.9% so far. At this time, the real-time price of London copper is already lower than the year's lowest point of $6,625 set on September 18.

Now that the downward trend of the round of copper has basically been established, the next key question is what position will the London copper price close at tonight, and will it be lower than the current price? Or will it be higher? This question is what Li Xin is most concerned about.

At this time, the Dow Jones Industrial Average hit a low of 10806 at 21:54 in the evening, and then launched a wave of shocks. At 22 p.m., the Dow rose to 10,880.

Then the Dow Jones launched a long oscillation at the low level, the highest point of this oscillation did not exceed 10939 points, and the lowest point did not fall below 10806 points. The time of the shock consolidation lasted from 22 o'clock in the evening to 1:39 in the morning on September 30.

Starting at 1:39 a.m., the Dow began another wave of rapid decline.

Just seven minutes later, at 1:46 a.m., the Dow fell sharply from 10,869 to 10,469. It fell by 400 points in 7 minutes, a full 6.0% lower than yesterday's close. Such a large decline is very rare even on the Dow Jones, which fluctuates a lot and frequently.

"Damn, what's going on?" Seeing that the Dow pulled out a huge black line, Li Xin hurriedly converted the computer screen to the trend of London copper prices, he wanted to see what the trend of London copper was after such a sharp decline in the Dow.

I don't know if I don't see it, and I'm shocked when I see it.

Previously, because of the shock of the Dow, the price of London copper has been fluctuating back and forth between 2.9% ~ 3.0%, but with the rapid decline of the Dow, the price of London copper has also been quickly smashed.

Almost at 1:46 a.m., the price of copper fell to $6,349.5, a drop of far more than 6.2%.

Now it is very close to the closing time of London copper at 2 o'clock in the morning, and such a low price at this time shows that by 2 o'clock in the morning, the price of London copper will not be much higher than this price, and maybe it will continue to fall, this result makes Li Xin very happy.

But at this time, the Dow, which fell sharply to 10,469 points, immediately launched a wave of rebound, and just 8 minutes later, at 1:54 in the morning, the Dow quickly rebounded to 10,817 points, which was almost the same as 10,869 points when it began to fall at 1:37, and the decline quickly shrank from 6.05% to 2.92%.