Li Xin said: "You and I want to go together, and I also want to feel the artistic conception of the desert and the bleak autumn breeze in late autumn, which cannot be experienced in Jiangcheng, where you can still wear shirts." ”

"Isn't it going to be cold over there now? Would you like to bring some more clothes with you?"

"It's cold over there now, so bring some clothes. Later, after we finish eating, we will go to the mall to buy clothes and sweep the goods!"

"Winter clothes are available at home, so you don't need to buy them. ”

"Those clothes are okay to wear in the winter in Jiangcheng, but they can't withstand the cold of late autumn in the desert. Besides, it's not just about buying clothes to wear over there, but also buying a few more skirts, cheongsams or something, I like to see you wear them. ”

"Hmm!"

Wednesday, October 29th.

At 8:59 a.m. on this day, the opening price of copper in the domestic futures market was 32,900 yuan, which was 1,100 yuan higher than yesterday's closing price of 31,800 yuan, an increase of 3.46%, and was only one step away from the price limit.

If this price is compared with the lowest price of 30,910 yuan on the falling limit yesterday, it has almost risen by 2,000 yuan, an astonishing increase of 6.44%!

Because yesterday afternoon's trend was pulled up from the morning limit, Li Xin watched the trading volume of the falling limit board get bigger and bigger after it was broken, and the tail market went higher and higher, and it was no longer the previous situation where the bears had an absolute advantage, so he hurriedly closed all his positions and left the market. That kind of low-level volume trend is obviously a signal that the bottom has formed, and he expects copper prices to bottom out and rebound sharply in the next few days.

But even if he already has the psychological expectation that the price will rise rapidly, he is still stunned to see this rally of 1,100 yuan higher than yesterday's closing price as soon as he opens.

He was secretly glad that he didn't hesitate yesterday afternoon, and he immediately closed the position. Otherwise, it would be very tangled to encounter such an opening price with a short order of 4,000 lots this morning.

Now the opening price is up 3.46%, maybe immediately after the opening will go to the 4% limit.

Since the National Day, copper prices have continued to fall and stopped, and the bears have completely abused the bulls, and the pressure on the bulls has been in stark contrast to the profits accumulated by the bears all the way.

At such a low position, if there is really a bottoming reversal, then the strength of the short position will be very fierce.

In the process of continuing the decline before yesterday, it is not uncommon for the price to be suppressed on the falling limit immediately after the opening of the market. Now, if there is a real bottom reversal, the price is likely to be immediately sealed on the up-limit board. If the price is really blocked on the price limit after the opening of the market today, then the situation that the bulls who have been unable to escape from the fall limit in the past 20 days or so will immediately appear on the bears who have not yet taken profit and left the market.

Thinking of this, Li Xin couldn't help but lean forward, propped his elbows on the desk, his eyes were firmly fixed on the computer screen, and he was closely watching whether the price would really be sealed on the price limit after the transaction officially started dozens of seconds later.

Before yesterday, he was affected by the 4,000 short positions, and any fluctuation in the price after the market opened every day touched his sensitive nerves at any time and made him restless.

But today is different, almost at the bottom of the stage of the closing of the position of the exit of the market he is now a bystander mentality sitting on the mountain to watch the tiger fight, he even has a kind of excitement is not a big deal to see the psychology of the matter, I hope that today the price is really sealed on the price limit, to see how many thousands of short hands scramble to close the list piled up on the price limit.

In the past few days, tens of thousands of sell and close orders have been piled up on the sell orders every day for several days, and the same situation is likely to appear on the buy orders immediately. Although yesterday's trading volume has been very large, Li Xin knows from experience that there should be many short positions that have not been closed and left the market.

At 9:00, the transaction began.

The opening price of 32,900 yuan was knocked down in an instant, and in just a few seconds, the price quickly fell to 32,490 yuan.

Because it fell by more than 400 yuan in an instant, the decline was quite large, and the price came to this place after being tangled and shocked for dozens of seconds, and at 9:01 a.m., the price rose back to 32,560 yuan.

However, the number of selling orders above was too much, and the price did not last too long in this place, and after just a dozen seconds, the price fell rapidly from this position, and at 9:03 a.m., the price had fallen to 32,360 yuan, and the price fell by 200 yuan in just two minutes.

After that, the price hovered in this position for less than a minute, and the highest rebound only rebounded to 32,380 yuan. At 9:11, the price had fallen to 31,850 yuan, close to yesterday's closing price.

That is, from 9:04, in less than 7 minutes, the price fell by another 530 yuan.

Li Xin, who was still guessing that the price would hit the price limit more than ten minutes ago, was a little puzzled: No, could it be that the price will be hit to the limit again today?

The ferocious buying after the opening yesterday afternoon, coupled with the opening price of 1,100 yuan this morning, is in line with Li Xin's judgment that copper prices have bottomed out and are about to rise rapidly.

However, I did not expect that in the short 11 minutes after the opening of the market, the surging selling orders above were in sharp contrast to the surging buying orders that came out yesterday afternoon. This trend doesn't look like it's going to continue to rise.

Where did the bulls go yesterday afternoon to drive the price up? And ah, where did all these selling orders come from this morning?

Li Xin, who has just made a profit from the short order all the way down, really can't believe that after the situation like yesterday, who will dare to continue to short in such a position today.

If these sell orders are not open orders for short positions, they will only be sell orders to close long positions.

If this is the case, Li Xin is even more incomprehensible: after the sharp increase in price appreciation like yesterday appeared, it obviously indicates that the price will continue to rise in the next few trading days, and the bulls who have survived to this time do not need to be so anxious at all, and they can reduce a lot of losses by persevering more. Could it be that the bulls also have no confidence in the market outlook?

Just when Li Xin was thinking about these problems, starting from 9:11, there was a very obvious reversal after the continuous rapid decline, and the price rose rapidly from 31,850 yuan for 6 minutes, and by 9:17 in the morning, the price rose to 32,280 yuan.

However, after the price came to the line of 32,280 yuan, the selling orders above surged out again, starting from 9:19, the price fell sharply from 32,260 yuan, and after just 20 minutes, at 9:37, the price has fallen to 31,400 yuan.

This price has fallen sharply below yesterday's closing price of 31,800 yuan.

Is this trend a process of oscillating back and forth to find the bottom, or is it the beginning of another wave of decline? Li Xin is also a little unsure.

The mentality of the market seems to be the same as that of Li Xin, and it is hesitant when the price comes to this position.

From 9:37 to 10:10 for about half an hour, the price fluctuated back and forth in the space of 31,400 yuan to 31,750 yuan.

On the whole, the process of this shock is still getting lower and lower.

At 10:11 a.m., the price plummeted from 31,550 yuan in an instant, and by 10:31, the price had fallen to 30,570 yuan.

Compared with yesterday's closing price of 31,800 yuan, this price actually fell sharply by 1,230 yuan, a decrease of 3.87%. And this price is lower than yesterday's 30,910 yuan price limit, only 0.13% away from today's price limit.

Looking at the opening price of 32,900 yuan before the opening, Li Xin thought that the price limit would rise by 4.0% immediately after the opening, but now just over an hour later, the price actually fell to a position that was only one step away from the falling limit.

In particular, the wave of plunge that began at 10:11 made Li Xin conclude that the sell order must be a long stop-loss order. Bears generally do not sell and open positions at such a lower and lower position, because then they are likely to step on the bearish trap and cannot extricate themselves. Only the bulls, who have been trapped for a long time and suffered heavy losses, will flee like this frantically regardless of the cost after seeing the price getting lower and lower, and their confidence collapses.

Li Xin now regrets that he was too anxious yesterday, it seems that the mentality of the bulls who are set above is also very unstable, they have been frightened by several consecutive falling limits, and now as long as they see the rising price, they will stop loss and leave the market. Yesterday's and today's rapid price rush is an excellent escape opportunity for them, and they are likely to continue to block the price on the down limit board by leaving the market regardless of the cost, just like the previous successive down limits.

But the problem is that Li Xin clearly remembers that he saw the Dow Jones Industrial Index and London copper prices closed sharply last night, and the Dow Jones Industrial Index rose 889 points, or 10.88%, which is quite a big increase. London copper prices rose by $200, an increase of 5.0%, although the increase is somewhat different from the increase in the Dow Jones index, but from the trend of London copper prices this morning, the current domestic copper prices are almost falling to the fall limit, but the correction of London copper prices is only 1.1% lower than yesterday's closing price.

From October 6th to yesterday's wave of copper prices in the process of falling, the trend in the domestic and international markets is almost identical, although the rhythm before and after is slightly different, but there has never been such a big contrast today, what is going on? Is the domestic copper price should not fall, or the London copper price should not rise?