Chapter 617: Wave 3 (6)?

Wang Minghui stood up at this time, patted Zhang Shaohui's shoulder and said, "It's not early, let's go, go home." Lao Zhang. Don't discuss it with Li Xin, he is a dead bull, and he will definitely not be bearish before he sells stocks. As he said, today's broad market index is standing above the 60 moving average, and hopefully this is an inflection point, and it will go higher and higher in the future. ”

When a few people went out and walked down the aisle, Li Xin said to Zhang Shaohui: "Lao Zhang, if you advocate intraday short-term operation, you must first determine a general trend, and sell high and buy low under this general trend, so as to fight the difference." In today's market, if you want to do intraday operations, you should resolutely sell when you rush high before the close in the morning, and you should resolutely buy when you fall to a low point before the close in the afternoon. ”

Zhang Shaohui asked: "No, can you buy this position before the close of today's market? Seeing that this trend will continue to fall tomorrow, isn't it looking for death to buy at this time?"

Li Xin said: "So I just said that if you want to do intraday short-term operations, the first problem is to determine the general trend. Do you think the trend will go up or down in the future?"

"It should be a little more probable. ”

"Isn't this the end? You think that the probability of rising in the future is high, so what do you think if you sell your stock when you rush up this morning, and you don't buy it when it falls to this position in the afternoon?"

Zhang Shaohui thought for a while, and then said: "Today's stock price almost closed at the lowest point of the day, and the broader market index also moved like this. Judging from this trend, it should continue to fall tomorrow, so it's not appropriate to buy at this time, right?"

Li Xin said: "If you think about the problem like this, it means that you subconsciously still think that the probability of falling in the future is greater." ”

"No, I still think there is a greater probability of an increase in the future. ”

"Since we think that the probability of rising in the future is greater, a sharp decline like today's is a buying opportunity that is difficult to buy. It is uncertain how much it will fall in the future, but it is almost certain that it will rise even higher in the future compared to this uncertainty. Why don't you grasp the thing that is already certain and worry about the thing that is uncertain?" Li Xin said.

Zhang Shaohui's eyes rolled twice, and he began to carefully ponder the profound meaning of Li Xin's words.

Friday, December 5th.

The broad market index opened 0.86% lower at 1984 points, and after the start of trading, it showed a wide range of shocks, and the lowest point once fell to 1975 points, very close to the 60 moving average of 1965 points. At the end of the day, it rose slightly by 0.86% and closed at the 2018 level.

Liugong Machinery's share price moved in the same way as the broader market, opening 1.26% lower and closing up 1.09%.

The trend of Jingxi Coal's stock price today is to open low and go high, falling 1.07% at the opening, but closing at 10.80 yuan, an increase of 5.47%. This price just broke through the pressure of the 60 moving average at $10.75.

Today's trend of these stocks and the broader market once again confirmed Li Xin's judgment, and now looking back, yesterday's close was really a good buying point. Although today's market and individual stock lows are slightly lower than yesterday's close, such lows are fleeting. Unless you make up your mind after yesterday's closing, after today's opening, you will resolutely enter the market if you see a lower price than yesterday's closing price. Otherwise, as long as you hesitate a little, you will never be able to grasp such a low point.

Especially Zhang Shaohui's unstable mentality, as long as he sees the stock price rise, he will feel that it will rise higher in the future, but once the stock price falls, he will feel that it will fall even lower in the future. So he often doesn't dare to sell when it goes up, and doesn't dare to buy it when it falls.

Looking at the time-sharing chart of Liugong Machinery rising again after some shocks today, Zhang Shaohui began to feel that what Li Xin said to him in the aisle after yesterday's close still made some sense.

Monday, December 8th.

The broad market index opened 1.51% higher with a gap of 2049 points, and continued to rise after opening higher, and by the end of the afternoon at 15:00, the index had risen to 2090 points, an increase of 3.57%. And this closing point is almost the highest point of the day, and today's candlestick chart is a long white candlestick with a bald head and bare feet.

Liugong Machinery's share price opened 2.25% higher at 12.28 yuan today, and the highest intraday price rose to 12.78 yuan, an increase of more than 6.33%, and the increase narrowed slightly at the close, closing at the price of 12.65 yuan, an increase of 5.33%.

This price has broken through the 60 moving average of 12.44 yuan, which is almost a full increase of one yuan, or 7.57%, compared with the low of 11.76 yuan at the pullback on December 4.

Zhang Shaohui looked at the trend of this stock, and couldn't help but secretly admit in his heart that Li Xin's shareholding was not moving, or the operation method of resolutely buying when he saw a sharp pullback was correct. Under the premise that the trend in the future is to continue to rise, it is indeed a risky thing to sell the chips in your hand on the highs. If he had sold the stock in the intraday the day before yesterday and had not picked up the chips at the lowest point before the close as Li Xin said, yesterday's and today's rallies would have been empty again.

Looking at the 2090 points at the close of the market today, the 60 moving average of 1963 points has been thrown far behind, Li Xin can't help but be full of ambition: this trend is almost exactly the same as his prediction, after breaking through the 60 moving average the day before yesterday, yesterday a slight pullback, after stepping back on the 60-day moving average yesterday, it rose sharply today, such a rally appeared after laying a solid foundation, and in the next time, the index accelerated up is just around the corner.

Today it has risen by 72 points in one day, and at this rate, the peak of wave 3, which is simply calculated at 2246 points, will be reached in a few days.

And according to my own estimates, this third wave is one of the main rising waves, and its rise should not be limited to the same as the first wave of the rise. The 2246 point is probably far from the apex of the third wave of the rally, and there should be a lot of upside after breaking through this point.

At this time when the market trend was smooth, Li Xin ignored one thing, since November 7, he has rarely paid attention to the trend of copper prices, and the trend of copper prices has changed very much in recent days.

From November 28, the copper price began to fall from 28,500 yuan, and by December 3, the intraday low of copper prices had fallen to 26,700 yuan. This price is just one step away from the new four-year low of 26,520 yuan set on November 24, and there is another shaky trend that is about to accelerate the decline from the graph.

By December 4, the copper price opened at 26,230 yuan, and fell below the previous low of 26,520 yuan as soon as it opened, once again hitting a new low in four years.

At the end of the day, the price fell below the integer mark of $26,000 and closed at the limit of $25,900, a decrease of 3.43%.

On December 5, the copper price opened at 24,900 yuan, which was only 200 yuan away from the 24,700 yuan limit.

Although the price rushed to 24,950 yuan in an instant after the opening, thanks to such a price was only a flash, and after more than ten seconds, the price was quickly hit at the limit of 24,700 yuan. This falling limit continued until the end of the afternoon and was not broken again, the day's decline was 4.63%, compared with the previous trading day, a full decline of 1,200 yuan.

Because Li Xin's mind is now all on the stock market, he doesn't know anything about the trend of copper prices.

On December 8, at 9:00 a.m., the copper price opened directly on the 23,260 yuan drop limit, down 1,440 yuan compared with yesterday's closing price, a decrease of 5.83%.

Compared with the high point of 27,250 yuan on December 3, this price actually fell by 3,990 yuan in four trading days, a decrease of 14.6%.

Perhaps the market feels that the copper price is on such a low base, and it is a bit unbelievable that it has fallen so much in 4 trading days, so the copper price was quickly pulled up in just a few minutes after the opening of the falling limit, and by 9:10 a.m., the copper price had risen to 24,600 yuan, and the decline instantly narrowed from 5.83% to 0.56%.

Since then, copper prices have fluctuated back and forth around yesterday's closing price, and by the time of the close of trading at 15:00 in the afternoon, the copper price closed at 25,130 yuan, up 1.74% compared to yesterday.

Today's candlestick chart of copper prices is a white candlestick with a considerable increase, but from its closing price, the price of 25,130 yuan is only 430 yuan higher than yesterday's closing price of 24,700 yuan, and the current price is still at a very low level compared to the price four days ago.

And in the trading process on Tuesday, December 9, the second day, the trend of copper prices is still not optimistic, the overall trend is to open high and go low, and close at 24,130 yuan, compared with yesterday's closing price, it fell by a full 1,000 yuan, a decrease of 3.98%. This close is again the lowest in 4 years. Judging from this trend, copper prices are still more likely to fall.

Judging from various data, copper metal is the most important member of non-ferrous metals, and there is no one. The continuous decline in copper prices has also driven the prices of other non-ferrous metals to fall endlessly.