Perhaps it was because I saw that the price fell sharply after the afternoon opening was too large, and at this time, the buying orders that intervened in the dip gradually emerged again, and the price was raised to 32,250 yuan within ten minutes.

But when the price rose to this position, the upper selling pressure appeared again, and the price was suppressed again, and by the time the price closed at 15:00 in the afternoon, the price closed at 32,080 yuan. This price has fallen by 1,070 yuan compared with the opening price of 33,150 yuan in the morning.

Today, from the opening of 9:00 in the morning to the closing of 15:00 in the afternoon, the rapid fluctuation of prices made Li Xin a little dizzy, and he simply did not have time to carefully analyze many things behind the trend chart. Now when he looks back and carefully analyzes today's chart, Li Xin suddenly saw a lot of things behind it through today's battle between the long and short sides, which was almost a bayonet. The unexpected gap in the morning is a painstaking move by the bulls, who want to raise the price to a step in an instant, making a situation where the bottom has been completed and the price will continue to rise.

The main bears are naturally aware of this move of the bulls, they are not without measures, there are no countermeasures, but in the morning trading process, the suppression of the bears in the face of the continuous buying of the bulls did not produce a very obvious effect, and the price still closed at a relatively high position.

If this trend is maintained in the afternoon, and the closing price is higher than the morning closing price, this will have an extremely negative effect on the bears. So after brewing at noon, the main bears decided not to adopt the kind of refueling tactics this morning, but to concentrate all their forces on one point, instantly breaking through the defense line of the bulls, so that the price will fall sharply in a short period of time.

Didn't the bulls pull the price up at the opening of the morning to create a situation where the price went up a higher level? And the opening of the afternoon also gave the bears such an opportunity. So the bears decided to suppress the price instantly when the afternoon opened, which also caused a situation of price breaking and falling, forming a situation in their favor.

The shocking drop at the opening of the market at 13:30 in the afternoon was a desperate move by the bears in the face of the ineffective suppression in the morning, and the effect of this move was very obvious.

It's just that at this time, the competition between the long and short sides has reached a white-hot point, and neither side dares to take half a step back. Just like when the bulls opened in the morning, the bears continued to suppress the price after pulling the price higher, making the price gradually fall from the high level of the opening to a relatively low position, and after the opening of the afternoon the bears instantly suppressed the price and fell by nearly 800 yuan, the bulls also took the opportunity to resist at the low level step by step, and finally pulled the closing price to yesterday's closing price of 31,770 yuan, and the closing price was 32,080 yuan.

Although today's black candlestick is a little unsightly, the closing price of 4 consecutive candlestick charts is still gradually rising, and it still shows the trend of bottoming the bottom that the bulls are happy to see.

The bears do not want to let the candlestick chart show signs of a clear bottoming completion at this level, while the bulls are struggling to salvage this hard-won bottom feature. In today's fierce game between the bulls and bears, it seems that the bulls have a little advantage.

Li Xin thought: There are two more trading days in the next week this week, and how the K-line chart will go in these two trading days will play a very key role in whether this bottom can be formed.

As a bystander, although he vaguely feels from the K-line chart that the next two trading days are very important for the future trend of copper prices, he is completely unable to judge how copper prices will go tomorrow and the day after tomorrow.

In the past, when Li Xin was doing sucrose futures, he was deeply touched by its erratic trend and called sucrose futures demon sugar. However, the trend of copper prices in the domestic futures market has been a little pale in the recent period, and the trend of copper prices is completely magical.

Thursday, November 6th.

On this morning, the copper price in the domestic futures market opened at the fall limit, 31,060 yuan!

Compared with Wednesday's closing price of 32,080 yuan, this price has fallen sharply by 1,020 yuan, or 3.18%.

As the saying goes, the first strike is the strongest, and the second strike suffers. At the opening of the market yesterday morning, the bulls took the lead in pulling the price very high, which is the trick of making it. Although the bears have also suppressed since then, especially when the market opened at 13:30 in the afternoon, the bears had concentrated on suppressing the price by nearly 800 yuan.

However, the bulls took the lead when the morning opened, and the shorts suppressed in the afternoon only received half the result, and yesterday's closing price was still pulled by the bulls to a higher position than the closing price of 31,770 yuan on the previous trading day.

Today, the bears also adopted the trick of making the first move.

After the crackdown at the opening of yesterday afternoon did not receive very obvious results, there was not much time and space left for the bears to fight back, so the bears made a desperate bet to hit the price to the limit when they opened this morning.

Compared with the strength of the bulls pulling up the price at the opening of yesterday's session, the bears opened today with much more downward pressure on the price. Yesterday, the bulls did not make the opening price reach the position of the upper limit, and the price continued to fall after the opening, and by the end of the day the price fell even lower.

However, today's bears not only made the opening price open on the down limit, but also after the official trading began, the price only broke through the fall limit in just a few minutes after the opening, and the highest was only 31,240 yuan, and then at 9:10 was pressed back to the down limit.

During the subsequent trading hours, the price was almost always pressed down on the down limit, only briefly breaking through the down limit at 9:37, 10:40 and 11:12. However, compared with the rise of breaking through the falling limit at the opening, the rise of these breakthroughs is getting smaller and smaller, and the duration is getting shorter and shorter. From 11:15 p.m. to 15:00 p.m., the price never broke through the fall limit.

Today's closing price of 31,060 yuan is lower than the closing price of 31,400 yuan on October 31, once again setting the lowest closing price of this wave of decline.

Moreover, today's inverted T-shaped candlestick chart with a very short upper shadow has broken the gradual rise at the bottom of the previous 4 candlestick charts, obviously sending a signal that the price is about to break and fall.

Looking at such a trend, even if he was sitting on the side watching the tiger fight, Li Xin, who was watching the long and short sides compete back and forth, couldn't help but secretly admire the determination of the bears. If it were him, he would never dare to go short in this position.

Looking at the K-line charts on the computer screen that have gone up and down in the last 8 trading days, Li Xin thought to himself: Recently, this trend of opening high with a gap today, opening low with a gap tomorrow, with today's price limit and tomorrow's falling limit, if there is a large gap up tomorrow, or a more extreme one, directly to a price limit, then how will the bears who have been selling on the down limit for so long today face it? And today's trading volume is not small, reaching 38,000 lots. If there is a limit tomorrow, the 38,000 sell orders will face an astronomical loss.

Li Xin now finds that the show has just begun. Tomorrow is Friday, the last trading day of the week, and he will wait and see how the long and short sides will play at such a price level with a falling limit.

Friday, November 7th.

This morning, the opening price of the domestic futures market was 29,540 yuan, which was another falling limit!

Compared with yesterday's closing price of 31,060 yuan, this price fell by 1,520 yuan by a sharp gap, and fell below the integer mark of 30,000 yuan in one fell swoop.

This price is something Li Xin can't imagine.

There is not much time and space left for the bears after the closing price of the previous day was higher than the previous trading day, so yesterday the bears made a desperate bet and hit the price on the down limit. This move has successfully won the bears an advantage in time and space, and the trend on the candlestick chart has shown a downward trend.

That is, yesterday's trend, also did not leave more time and space for the bulls, when the K-line chart has shown a downward trend, if the bulls do not exert force today, the price trend will develop in the direction expected by the bears, which is more and more beneficial to the bears.

Therefore, after Li Xin appeared yesterday's price that closed with a falling limit, he couldn't help but worry about what would happen to the shorts who were short yesterday if the price rose sharply today? Because in his opinion, after the situation like yesterday's, when the market opened today, the bulls who had no way out at all would definitely make a difference.

But what surprised him was that the opening price turned out to be on the down limit!

There are only two explanations for this situation: one is that after yesterday's fall limit, the bulls have completely given up. Second, although the bulls did not give up, the power of the bears was too great for the bulls to imagine.

Looking at such a trend, Li Xin couldn't help but secretly admire in his heart the good intentions of the bulls and bears when they wanted to cause prices to rise and fall in the past few days.

In fact, on Wednesday, November 5, when the bulls saw that the bottoms of several consecutive candlestick charts were gradually rising in their favor, they also spared no effort to make the situation develop in a more favorable direction for themselves. But in the face of the more powerful bears, all their efforts were in vain.

Li Xin put himself in his shoes and thought about it, if he was a bull, a falling limit at the close of trading yesterday, plus another falling limit at the opening today, I am afraid that he would have completely lost the confidence to resist. Putting aside whether the price can close higher at the close of today, let's just say that the huge floating loss caused by the two consecutive falling limits, if the funds are not very abundant, I am afraid that the futures company will be forced to close the position soon after the opening.