"You are really a noble person, when I got married, you molested my wife at the wedding, you forgot that I still remember, this time I want to take revenge!"

Li Xin smiled: "You kid is really a little belly, is that teasing your wife?"

Chen Hai said proudly: "I don't care if it's molesting or not, anyway, you can try it and you'll know what it feels like when the time comes." ”

Li Xin said: "Okay, you can try it." After speaking, he turned around and pulled the car door: "Then I'll go, remember to come over then." ”

"Okay. ”

After two days of entanglement and worry, on August 25, the trend of copper prices brought some comfort to Li Xin, and the opening fell sharply by 770 yuan, opening with a gap of 59,510 yuan. And the trend of copper prices fluctuated in a relatively low range throughout the day, and finally closed at 59,740 yuan.

Last Friday's price action was a sharp rise with a huge upward gap. Today's move is a sharp decline, with a huge downward gap.

This trend is very similar to the pattern of 2 advances and 1 retreat judged by Yuan Jie, because although it is down today, the opening price and closing price are above last Thursday's closing price of 59,350 yuan.

That is to say, after each rise, the bottom is gradually raised, which is exactly the same as Yuan Jie's judgment.

According to this pattern, the pressure of the 60-day moving average cannot be broken yesterday and today, but it is difficult to say whether the pressure on this 60-day line will be effective in the next two or three trading days.

In short, such a trend means that this wave of upward trend from 55,410 yuan to the present is still not over. Although it is down today, Li Xin does not dare to take it lightly.

On August 26, the opening price of futures copper was 59,740 yuan, which was not bad at all from yesterday's closing price.

This is a very rare occurrence in the rollercoaster market of the last week or so.

In the last week or so, the opening price of the second day has either risen sharply from the previous trading day or dropped sharply from the previous trading day.

Before he could figure out this problem, the price immediately rose wave after the opening, and by 9:40 a.m., the price had risen to 60,090 yuan.

Li Xin secretly thought: Sure enough, it is a trend of advancing two and retreating one, it fell yesterday, and it should rise today. Looking at this posture, it may be a hit to the 60-day moving average today.

However, the price of futures copper stopped rising in this place, and after some entanglement, the price began to fall from a high of 60,090 yuan from 10:07 a.m.

By 11:20 a.m., the price had come to the integer mark of 59,600 yuan. Although there was a small reversal 10 minutes before the close of the morning, the price rebounded to 59,710 yuan within 5 minutes. However, the rally obviously lacked strength, and the price began to fall again in the last three minutes, closing at 59,650 yuan in the morning.

At this time, today's K-line is already a small black candle.

As long as the price can't go up, it's a good thing for Li Xin. But at the same time, this price is not too far from the 60 moving average, so it is also a torture for Li Xin to get entangled back and forth.

The string in his heart was tense all the time, because he knew that if the price did break through the pressure of the 60-day moving average, the strength of the upward movement could be very violent. If your 2,000 long positions can't be closed in time, it will be a disaster.

Because the recent trend of advancing and retreating one has caused a great psychological shadow to Li Xin, this small black candlestick did not bring him much surprise at the close of the morning, and he is worried that the trend in the afternoon may suddenly emerge.

However, as soon as the market opened at 1:30 p.m., the trend of copper prices immediately dispelled his concerns.

The closing price in the morning was 59,650 yuan, but as soon as the market opened at 1:30 in the afternoon, the price instantly fell to 59,270 yuan in just over 10 seconds.

This price is a significant drop of 380 yuan from the closing price in the morning.

Although the price came to a wave of backlash within 5 minutes, rising to 59,400 yuan, it was followed by another wave of decline, and by 1:50 p.m., the price had fallen to 59,150 yuan.

In the following time, the overall price trend was gradually downward, and the lowest price once fell to 58,900 yuan, breaking the integer mark of 59,000 yuan, and closing at 59,080 yuan.

Li Xin, who has been under pressure, couldn't help but feel a little happy when she saw this trend: today's yin candle is a little different from the trend of more than a week in the past. If it is a white candle today, no matter how much it rises, it is basically in line with the pattern of advancing 2 and retreating 1.

But today it is a negative line, and it has fallen sharply by 660 yuan. Compared with the sharply gapped-in candlestick on the 22nd, today's decline is even greater.

This K-line chart for three consecutive trading days, one closes lower than the other, and it doesn't look like a pattern of advancing 2 and retreating 1, but rather a trend of advancing 1 and retreating 2.

In this way, it seems that the pressure of the 60 moving average is effective!

However, he still didn't dare to rejoice too early, because the bottom of this black candle is still at a high level compared with the bottom of the two candlesticks on the 20th and 21st, and as long as the bottom of the two candlesticks is not broken, it does not mean that the upward trend has been destroyed.

The trend in the next two days is even more gratifying, with the opening price of 59,400 yuan and the closing price of 59,500 yuan on August 27.

On August 28, the opening price was 59,500 yuan and the closing price was 59,400 yuan.

On the two candlestick charts of these two trading days, the upper and lower shadows are very short. The market's mentality of struggling and wandering in a narrow range to seek direction is very obvious.

The careful Li Xin found a feature, within the three trading days of 26, 27 and 28, although the closing price was high and low, it never exceeded the closing price of 59,740 yuan on the 25th.

He is experienced in trading and is keenly aware that the pattern of 2 and 1 in this period of time is now gone.

Now it is a situation that has gradually formed in the short-term head under the pressure of the 60-day moving average.

Under the pressure of the 60 moving average, such a continuous sideways trend in the last 4 days is likely to confirm a sentence: the long-term market must fall.

If that's the case, maybe the opportunity to short the highs you've been waiting for has already appeared.

On August 29, the speculation that the long-term market will fall was confirmed.

As soon as the market opened in the morning, the price was 59,000 yuan, down 500 yuan from the previous trading day.

And there is no more chance of an upward rebound after a large gap is opened, and the price is going lower and lower step by step.

By the end of the afternoon, the price closed at 58,670 yuan. It fell by 830 yuan from the previous trading day. Moreover, the upper and lower shadows of this candlestick today are very short, and it can almost be seen as a long black candle with a bald head and bare feet.

It is also worth noting that today is Friday, and there will be no trading in the next two days, and in such a situation, the market chooses to fall, indicating that the market is very unoptimistic about the price trend next week.

More importantly, today's close of the black candlestick completely fell below the solid lows of the 20 and 21 bullish candlesticks, and also fell below the support of the 20-day moving average.

If you look at the K-line chart from the 20th to today, which has been 8 consecutive trading days, a small head and shoulders top has been broken.

At the same time, the trend of London copper prices in the past few days has almost completely coincided with the trend of domestic copper prices.

All these may seem prosaic details to outsiders, but in Li Xin's eyes, he sees that every K-line chart contains rich market information.

Because every day the price rises can cost him millions or even tens of millions of dollars in profits, almost no one will be as engrossed in studying the profound meaning of each candlestick as he is.

Especially on August 22, the price rose to the line of 60,500 yuan, only one step away from the 60-day moving average that he had to close his position and leave the market.

Looking at the K-line chart that is getting lower and lower, Li Xin, who was originally bearish about the market outlook in his bones, is like a shrewd Chinese medicine practitioner, and has called for the exquisite conversion process of the power of the long and short sides after the end of this short-term rebound in the market.

As if he could see through, he observed the whole process of the bulls gradually leaving the market and the bears gradually increasing their efforts to suppress through the K-line chart on the screen.

On Monday, September 1, everything was as Li Xin judged, the copper price fell rapidly after opening at 58,600 yuan, and it had fallen to 58,410 yuan at 9:04, and then launched a round of rebound, and at 9:12, the price came to the highest point of the day at 58,840 yuan.

After the price reached this position, it no longer had the strength to continue to rise, but gradually began to fall. By the end of the afternoon, the price had fallen to 58,110 yuan.

If the closing price of 58,670 yuan on August 29 last Friday just shyly broke through the support of the lowest 20-day moving average, then today's closing price of 58,110 yuan has moved away from the 20-day moving average. The 20 EMA, which used to be a support line, has now become an upper limit when the price is rising.

Moreover, the closing price of 58,110 yuan fell below the closing price of the two long white candlesticks on August 14 and August 18 in one fell swoop. At least in Li Xin's view, the significance of this yin line is very important.

Looking at such a trend, Li Xin secretly said to himself that the bears have begun to exert their strength!