The current point is still 1050 yuan away from the key position of 56530 yuan, and from the current trend, the bulls simply do not have enough confidence to break through this pressure point in the short term.

On Friday, September 12, the price of futures copper opened at 56,000 yuan without any warning, and the gap opened by 600 yuan!

Li Xin, who was still expecting copper prices to fall again this morning under the pressure of the 5-day moving average, was a little dumbfounded before going to bed last night.

In the past two days, he has just begun to consider the problem according to Yuan Jie's short-term thinking, and today he once again felt the capriciousness of the overnight trend of copper prices.

He patted his head and scolded secretly: "MD, it's the opposite again!"

In the past three days, Li Xin, who has been struggling with whether to reduce his position and leave the market and where to reduce his position in the low price shock, is now facing a more serious problem: the small arc top formed by the 4 K-lines before today is real, and the bottom formation has been determined. Not only did I notice this, but the main bulls also saw this, otherwise they would not have jumped so much today.

Now the question is whether this bottom is a long-term bottom or a short-term bottom?

If this is a long-term bottom, then it is necessary to close the position now, and there is no hesitation for a moment.

But the problem is that the three small white candles before today are basically hovering at the bottom, and the room for rise is extremely limited, that is, because of this, I have not closed my position and left the market.

Such a bottom doesn't look like a long-term bottom.

Of course, today's gap is a bit unusual, but from this it is a bit too hasty to judge that this is a long-term bottom?

If this bottom is only a short-term bottom, where will its upside go?

Forget it, don't think about it so much, the more tangled you are, the more you don't know where to close the position! Now there is a principle, as long as the price breaks through 56,530 yuan, all will be out.

Li Xin, who had made up his mind, stared at the computer screen tightly, he didn't dare to leave the computer for a moment now, as long as the price broke through the liquidation line he set, he had to close the position quickly.

On the computer screen, there is almost no pullback after the price gap opens, and it has been oscillating back and forth above the opening price.

Such a trend made Li Xin's nerves very nervous.

Because whenever there is a sharp pullback, it means that the bears have the will to suppress at a high level. But today, such a trend has been hovering at a high level, and there is no obvious selling pressure. This not only shows that the bears are very afraid of today's trend of gapping high, and are afraid that they will fall into the bearish trap at this time, but also shows that the willingness of the bulls to maintain the price increase after the gap is very resolute.

As time went on, the day's volume increased, increasing by more than 20% compared to the previous trading day's volume. It is clear that today both sides have invested a lot of power.

During the whole trading day, although the shock after the gap opened high did not see a very obvious upward trend, the final closing price quietly came to 56,460 yuan, an increase of 980 yuan compared with the previous day.

It is said that the lethality of boiled frogs in warm water is the greatest, from Tuesday, September 9th to Friday, the lethality of 4 consecutive yang lines to Li Xin is like boiling frogs in warm water, and he unknowingly lost a huge amount of profits. Originally, when the price rose to around 55,450 yuan on Tuesday, he had already moved the idea of reducing his position and leaving the market, but because the price was not rising in a straight line, but oscillating back and forth, which made him repeatedly move the idea of closing the position but held back.

Between hesitation and wandering, the price has slowly risen from 55,450 yuan to 56,460 yuan today.

Such a change reduced the profit on his account by more than 20 million yuan.

The price has reached 56,460 yuan, but Li Xin has not reduced his position, just because of the resolute bearish thinking.

Graphically, there is only a 70-dollar difference between today's close and the upper limit of $56,530.

Coincidentally, today's closing price of 56,460 yuan also happened to be in front of the 10-day moving average, facing pressure from the 10-day moving average.

The point of the 10-day moving average is now 56,550 yuan.

On September 9th and September 10th, the closing price of those two days was also gradually approaching the pressure point of 55,410 yuan, and then quietly broke through it on September 11.

Now the price has quietly come to the 10-day moving average and 56,530 yuan again, and it has stopped in front of the two important pressure points. It's as if the bulls have ambushed their heavy forces in an area just 70 meters away from the bears' forward positions, intending to accumulate enough strength to break through the opponent's forward positions in one fell swoop.

This is too accurate, such an accurate trend is not deliberately done by many parties, even Li Xin is a little unconvinced.

Does this mean that the bulls will break through the two pressure positions of 56,530 yuan and 56,550 yuan in one fell swoop in the next trading day? These two pressure levels are too close to each other, unless the graph is very large, otherwise these two points almost coincide on the computer screen, breaking through the former, the latter is not a problem at all.

After careful analysis, Li Xin thought of another side: such a precise trend must not be completed by multiple parties alone, that is to say, if there is no suppression and suppression by the bears, these two pressure lines may have been broken long ago.

This shows that the air side is also resisting step by step.

It's just that when he talked about the word step-by-step resistance, Li Xin suddenly realized that the 4-day continuous yang line actually indicated that the strength of the bears had gradually been weakened compared with the strength of the bulls, otherwise there would not have been such a small arc bottom trend.

The appearance of this white candlestick on September 12 makes the bottom of this small arc more clear. And this small arc bottom is already at a critical position to break through the neckline.

At this time, Li Xin, who is already very superstitious about technical indicators and pressure indicators, knows that the trend of the next trading day is very critical, as long as it breaks through the suppression of the 10-day moving average and the two key points of 56,530 yuan, then the price will rise rapidly.

Now the balance of power between the bulls and bears is obviously beneficial to the bulls, although the price has not yet broken through the key pressure point, but next week to break through it is already a high probability event.

In the current situation, I am still entangled in the price difference of less than 100 yuan and do not want to close the position, is this correct or incorrect? Is it worth it?

"Knock knock", the knock on the door interrupted Li Xin's contemplation, and he looked up and saw that it was Yuan Jie.

Yuan Jie was wearing a black hip skirt, carrying two bags of things in her hand, standing at the door with Nana, the skirt on her body vividly reflected her mature and graceful figure.

The neckline of the skirt is relatively low, and against the background of the black skirt, her fair skin appears more prominent, and the plump upper circumference is about to come out. Yuan Jie knew that Li Xin was very nostalgic for the scenery here, and every time he met Li Xin in the past, Li Xin would leave a lot of purple traces here.

She didn't dare to wear this skirt in the office, it was just changed in the car in the underground parking lot after she made up her mind to come to Li Xin's office more than 20 minutes ago.

"Why are you here?" Li Xin asked in surprise.

"Why can't I come?" Yuan Jie walked in with a "puff", put the two bags of things in his hand on the coffee table, and then said in a complaining tone: "How can you treat people like this, people don't have a good face when they give you gifts!"

Yuan Jie put on the table two boxes of high-end moon cakes with very beautiful packaging.

Three days later, it was the Mid-Autumn Festival, and from this morning to the afternoon, the staff of their futures company were busy delivering mooncakes to some important customers.

Li Xin, the most important customer, was selected by Yuan Jie alone, and the moon cakes given to him were also specially ordered by Yuan Jie to buy them separately.

Everyone else is busy, but Yuan Jie is the only one who locks himself in the office alone.

Today, her mind is all on Li Xin.

First of all, today's futures copper gap opened 600 yuan higher, which attracted her attention from the beginning.

The trend of sideways consolidation in the previous three days did not continue to accelerate the decline as predicted by Li Xin, and the trend that has been sideways at a high level after the gap opened high today reveals a kind of information that the price cannot fall in the short term.

At the end of the day, the price closed at the highest point of the day, which was just one step away from the pressure line she had drawn on the computer screen.

In the face of such a very obvious bottoming and rebounding trend, the position on Li Xin's account did not move at all, which made her heart pinch again.

She knew that Li Xin's long-term bearish thinking would not change easily, and now it was necessary to remind him that it was time to reduce his position or even close it all, and it would be good for him and herself to do so.

After closing, Yuan Jie was faced with two choices, either to call Li Xin to come over and pick up the gift he had prepared for him, or to send it to him himself.

From the perspective of her inner expectations, Yuan Jie certainly hopes that it is the former. If Li Xin comes, in the underground parking lot, he and he can have a romantic affair. All this is very attractive to the youthful Yuan Jie.

But on the other hand, she really wanted to go to the Southern Group and give the Mid-Autumn Festival gift to Li Xin in person.

Because she clearly remembers that next Saturday, September 20th, Li Xin will get married.

But until now, I don't know who my rival is!

Yuan Jie thought to himself: If he goes to the Southern Group today, maybe he will have the opportunity to meet the true face of this person.

After making up her mind, she brought the Mid-Autumn Festival gift for Li Xin, and then went to the underground parking lot to change into the dress that made her look more beautiful in her car, and then drove to the Southern Group to find Li Xin.