In the following time, the Dow Jones fluctuated at a high level, the high never exceeded 10,882 points, the low did not fall below 10,740 points, and closed at 10,831 points.

It's almost another doji.

On September 30, London copper closed a doji, and it was a white candle, because it was worried that the Dow would rebound after a sharp decline.

Today's round of copper fell sharply by 3.37%, because the main investors in the market predicted in advance that the Dow would not continue to rise today.

The Dow's closing point of the Doji today is still pressed below the 5-day moving average, and the probability of a decline in the following trading hours is still very high.

This trend has ignited hope in Li Xin's heart: for the time being, let's not discuss how much room the Dow will have to fall in the future, let's just say that the cumulative decline in London copper prices for three consecutive days has been close to 10%!

Such a decline is also rare in the last month or two.

The most important thing is that since September 26, the closing price of London copper every day has been lower than the closing price of the previous day, and the continuous 4 K-line charts have shown a cliff-like decline.

This is a pattern that has come out of the situation of breaking through a new low for the year, and in this pattern, it is very difficult for copper prices to stop falling and rebound unless there is major positive news.

Investors in the international market will definitely increase their efforts to suppress downward when they see such obvious short-selling information.

At this time, Li Xin remembered what Yuan Jie said: wait for the bearish trend to come out and then go short.

This idea is not bad, but it has to be in a market like London copper that is traded continuously, and if you encounter a domestic market for a week of continuous market closure, this possibility is completely non-existent.

Looking at this trend, Li Xin suddenly found that the current problem seems to have become a little simpler: this Monday has a total of 5 trading days, and now three have passed, as long as the London copper price does not rise by more than 10% in the remaining two trading days, then after the opening of the market on October 6, the possibility of a sharp rise in domestic copper prices is almost zero.

On Thursday, October 2, the London copper price opened slightly lower and then had a brief upward rush, and then continued to fall, and there was no hesitation and hovering at all throughout the trading session, and it has been falling continuously, almost out of a wave of unilateral decline. There is no indication that it will be concerned about the trend of the Dow Jones, which closed at 4:00 a.m. By 2 o'clock in the night, London copper closed a barefoot long black candle, and the closing price was $5,790, down $375, or 6.08%.

So far, four of the five trading days of the week have passed, and the cumulative decline in London copper prices has exceeded 16%, and it is unlikely that London copper prices will rise by 16% in the last trading day tomorrow Friday. In other words, as soon as the market opens next Monday, domestic futures copper prices will definitely fall sharply.

Now the question for Li Xin to consider is how much will the domestic copper price fall after the opening on October 6?

On October 2, the Dow opened slightly lower at 10825 and then came out of a wave of unilateral decline. The opening point of the day was the highest point, closing at 10482 at 4 o'clock in the night, a decrease of 3.22%.

This is completely in line with Li Xin's estimate in advance, that is, after the Dow rebounded on September 30, it will definitely continue to fall.

London copper prices are moving at their lowest point today, while the Dow Jones is at its lowest point of 10,439 points, which is not far from the closing point.

Both markets have closed out of the long black candlestick today, proving that they have fully entered the short market.

In a two-way trading market, once such momentum appears, the only thing the bulls can do is to quickly stop the loss and exit the market, while the short can do is to increase the position and continue to short.

Li Xin excitedly said to Xia Xiaona: "Make money, make money!"

"Isn't it only Thursday today? Didn't you say that trading in the futures market won't start until next week, how do you know you're making money?"

"I'm sure I'll know that I'll be able to make money without having to open next Monday, do you know how much copper prices have fallen in London?"

"How much?"

“16%！”

"Did it go down in a week?"

"Yes!"

"Wow, how much do you expect the domestic futures price to fall after the opening on October 6?"

"It's likely to be a down limit. ”

"What's the limit?"

“4%。 ”

"That's more than 2,000 yuan?"

"Yes. ”

"Then your 4,000 hands are 20,000 tons, and you earn 2,000 per ton, which is 40 million?"

"At least that's the number. ”

Xia Xiaona jumped up with joy, she grabbed Li Xin's hand and said, "Wow, you are so powerful, you have earned another 40 million yuan in just four or five days!"

Li Xin smiled: "This is just an estimate, and the real result will not be known until next Monday." ”

"Oh, will there be a repetition?"

"Maybe there will be. ”

"So you're not sure yet, huh?"

Li Xin thought for a while: "The specific amount is still uncertain, but it is certain to make money." ”

"Then you tell me the most conservative number, and that's what I want to know. ”

This made Li Xin embarrassed, he thought about it and said a number: "There will always be 10 million yuan." ”

Now, no matter what kind of news will come out on Friday and weekend, in the case of such a sharp decline in the Dow and London copper, it is normal for copper prices in the domestic futures market to fall sharply by more than 1,000 yuan after the opening on Monday. After closing the 4,000 short orders of your own, it should not be difficult to earn an average price of 1,500 yuan per ton. But because Li Xin never does things that he is not sure of, he would rather lower the expected profits, so as not to be embarrassed when the profits are less than the figures he said.

Friday, October 3rd. Copper prices in London opened slightly higher at $5,825 and then fell rapidly, reaching the lowest point of the day at $5,680 before a wave of reversal, reaching a high of $6,025 and closing at $5,900. Compared to the previous trading day, it has risen by $110, or 1.90%.

Seeing such a trend, Li Xin was a little surprised at first, but after thinking about it carefully, he was relieved: today is the last trading day of the week, and the future will face the weekend of October 4th and 5th, which cannot be traded, on the basis of a sharp decline of 16%, it is inevitable that the bears choose to take profits and leave the market.

And today's rise did not change the entire downward trend at all, and if the news is still bearish at the end of the week, it is possible to continue the decline next Monday.

The trend of the Dow is even more interesting, it rose immediately after opening at 10483 at 9:30 p.m., and at 21:41, it has risen to 10642, an increase of 1.35%.

At 22:11, it pulled back to 10570, and then maintained a volatile upward trend, rising to the highest point of the day at 10796 at 1:08 a.m. on October 4. This high even broke through the 10-day moving average.

If the trend of the Dow Jones continues and closes with a large white line like London copper, it may make Li Xin very worried. Because if the Dow can't fall below the new year-to-date low set on September 29 and instead breaks through the 10-day moving average, then the space for the Dow to fall is questionable.

However, the trend of the Dow Jones fell rapidly after reaching this high.

At 1:12, the Dow fell to 10726.

At 1:21, the Dow rebounded again, trying to break through the intraday high. However, it only rose to 10782 and turned downward.

At 1:23, the Dow fell to 10693.

This move shows that the pressure on the intraday highs is very high, and the two highs formed on the tick line at 1:08 and 1:21 approximate the M head, and it will be difficult to break through.

Sure enough, the decline after 1:21 was more violent than the rise after the opening of 9:30.

At 1:46 a.m., the Dow fell to 10,496.

Then the strength of the bulls gradually weakened, the trend showed a volatile downward trend, and at the time of closing, the point was 10325 points, almost the same as the lowest point of the day at 10310, which can be regarded as a barefoot big black line.

The decline of this black candlestick is 1.5%, which is once again a new low for the year!

London copper was afraid of the uncertainty of the weekend news and closed a positive line.

However, the Dow is a long black candlestick that has hit a new low for the year.

In the previous trend, the Dow trend led the trend of London copper signs are obvious, and now the Dow is further weakened, and it is inevitable that London copper will continue to fall.

What Li Xin is now thinking about is that the copper price in London has fallen by 14 percent in the past week! As long as there is no special news over the weekend, the domestic copper price will definitely plummet as soon as the market opens. Maybe as soon as the market opens, it will be a falling limit, and the profit will be much higher than the number he told Xia Xiaona.

If it's a falling limit, do you want to take profit and go out?

October 4th, it was a Saturday.

At 9 o'clock in the evening, after Li Xin and Xia Xiaona came back from a trip, they were sitting in the hotel room watching TV at this time.

Suddenly, a message appeared on the screen saying that a financial storm had broken down on Wall Street, the world's financial center.

The subprime mortgage crisis led to the bankruptcy of many conglomerates in the country, including Lehman Brothers, a well-known investment bank.

Television footage was showing many employees packing up their bags and leaving the company after the collapse of these Wall Street companies, and the expressions of despair and disappointment on their faces were so real.

Seeing this situation, Li Xin immediately sat up straight and said: "The Dow Jones will plummet next week, and the profit I told you is still less, and it is estimated that it can earn more than 60 million!"

"Why? How can you be so sure?"