"Well, I didn't think there were so many doorways in here. But did you notice that so far this morning, London copper is up. Xia Xiaona pointed to the red K-line on the computer screen and said to Li Xin.

"I also noticed that the opening price of London copper at $5,575 this morning is a full $100 higher than yesterday's opening price of $5,475. And so far, the price of London copper is $5,638, up more than 2% compared to yesterday. But this doesn't matter, from the perspective of technical indicators, this should only be a short-term trend, and it will still fall in the long run. Li Xin said.

"Where do you judge from the technical indicators that London copper is still in a downtrend?"

"If you look at the MACd indicator below, the white line has been crossing the yellow line from top to bottom since September 29, after which the opening formed by the two lines downward is getting bigger and bigger. This indicator shows that the current decline in London copper is still not over and is still ongoing. If you look at this indicator again, this indicator is the kd value. When the k value in this indicator is less than 20, it means that the price is oversold, and when the k value is greater than 80, it means that the price is overbought. At this time, the K value is only 8.23, indicating that the short-term is somewhat oversold. In this case, it is not surprising that today's price is slightly higher than yesterday's closing price, it is just a short-term need for a rebound. This situation also happened the day before yesterday, and you see that the day before yesterday it was also a small white candle that rose?"

"That's true. ”

"And today's trading has just begun, and the overall trend can only be seen after the close of 2:00 in the evening. All in all, don't worry, it's not a big problem. ”

"Hmm. ”

Li Xin thought for a while, and then said to Xia Xiaona: "Didn't we just say that the biggest drop in the Dow last night was 7.63%, but when it closed, the decline narrowed to 3.58%? ”

"So if the Dow continues to close higher tonight, will London copper also rise tomorrow?"

"If the Dow also rises tonight, London copper may rise tomorrow, but I don't think it's very likely. ”

"Why?"

"In the case of the financial turmoil, the Dow will only fall in the long run, which is the general trend, let's not talk about this for the time being. Now just say that the two technical indicators we just mentioned, first of all, the MACd indicator of the Dow, you see here, the opening of this MACd indicator is also from the September 29 high after the death fork diverged downwards not long ago, the opening is gradually expanding in the trend, this situation shows that the Dow K-line is in the process of accelerating the fall, at this time it is almost impossible to reverse and rise. ”

"What if there is an exception?"

"Then only tomorrow morning to see the closing of the Dow Jones and London copper, if both of these turn upwards to close out of the positive line, then I will close the 4,000 short positions, profit out of the market to avoid short-term risks. But I don't think that's very likely. ”

Xia Xiaona's words reminded Li Xin that after returning to Jiangcheng, he turned on the computer at more than nine o'clock in the evening and waited to see what the opening of the Dow Jones was like today. At this time, the price of London copper has returned to around $5,600, which is still rising compared with the previous trading day, and is currently a small white candle.

At 21:30 in the evening, the Dow opened.

Today's Dow opened at 9955, exactly the same as yesterday's close.

In Li Xin's view, after a continuous sharp decline, the Dow Jones does not even have the courage to gap high, indicating that the bears in the future market account for almost the overwhelming majority. For him, too, it is good news.

Sure enough, the trend after the opening confirmed his opinion:

After the opening, the Dow Jones rose to 10,036 points in three minutes, up 81 points, or 0.81%.

However, this rise was short-lived, and in the next two minutes there was a small pullback, the point returned to 10,005 points, and the increase narrowed to 0.5%.

This was followed by another wave of rapid rise, and at 21:40 the point had risen to 10,105 points, an increase of 150 points, or 1.51%.

At the same time, because of this wave of the Dow Jones, the price of copper in London also rose to $5,735, an increase of 4.7%.

Seeing such a trend, Li Xin not only did not worry, but secretly felt happy, because his judgment in the morning was right, and the reason why London copper could not fall today was entirely because the Dow narrowed its decline at the close of trading last night.

Before 21:30 this evening, the trend of London copper has been floating, after the opening of the Dow at 21:30, London copper followed the Dow to a wave of rise, such a trend once again confirmed that the Dow is the main reason for the trend of London copper.

Now the question is, is it possible for the Dow to rise sharply from yesterday's close?

Now just 10 minutes after opening, the Dow rose 1.51%, which is not a small increase, and the point at this time is 10124 points, which has come to the 5-day moving average near 10208 points.

If the Dow's closing point breaks through the pressure of the 5-day moving average tonight, then tomorrow the Dow should be able to see a line higher and move closer to the 10-day moving average, otherwise its decline will continue.

Two trading days ago, on October 3, the Dow Jones also rose sharply after the flat opening, when the opening point was 10483 points, but the highest point of the day reached 10796 points, the largest intraday increase reached 2.94%, once broke through the pressure of the 5-day and 10-day moving averages, but in the subsequent trading process, the Dow Jones pulled back sharply, closing at the lowest point of the day at 10325, just one step away from the lowest point of the day at 10310. The candle that day was almost a barefoot black candle with a long upper shadow, and the closing point continued to move away from the moving average system and made a new low for the year.

Today's trend can be judged by referring to the K-line chart on October 3, and the key is to see whether the point at which it closes can close above the 5-day or 10-day moving average.

Just as Li Xin was thinking about these issues, at 21:42 in the evening, the Dow began to gradually pull back from 10105 points.

By 22:02, the Dow had fallen to 9899 points, down 56 points from today's opening point, and the candlestick chart became a black candlestick with a long upper shadow.

Li Xin thought to herself: With so much pressure near the 5-day moving average, it seems that it still can't rise, or at least there will be a tangled process.

Sure enough, after falling to 9,899 points, the Dow began another rally, and by 22:31 in the evening, the index rose to 10,028 points.

After reaching this high, the Dow did not continue to rise, and began to fall slowly but resolutely. By 23:22 in the evening, the Dow had reached 9868 points, down 86 points, or 0.87%, compared to the previous day.

Xia Xiaona saw that Li Xin hadn't slept after 23:30 at night, so she came to the study and persuaded him: "You promised me that I wouldn't stay up late, why are you starting to stay up late now? ”

Li Xin thought that what Xia Xiaona said was right, even if she stayed until 2 a.m. for London copper to close and for the Dow to close at 4 a.m.? Isn't it better to go to bed early now and get up tomorrow morning to see the results

So he turned off his computer and went to bed.

As soon as he got into bed, Xia Xiaona came over and put her arm around him and said, "Do you say that I will go back to work with you tomorrow, or will I go back after the marriage leave is over in a few days?"

"It's okay, it's up to you, anyway, Xue Chenzhi only said that I would go back early, but he didn't say that he wanted you to go back to work early, so you can rest at home for a few days. ”

"But when you go to work, I'm alone at home. ”

"Then you can go back to work with me, lest people ask me why you have come back and your daughter-in-law is nowhere to be seen. ”

Xia Xiaona thought about it and said with some reluctance: "Okay"

Early in the morning of the second day, Li Xin didn't have time to wash his face and brush his teeth after getting up, so he hurriedly turned on the computer to check the closing situation of the Dow Jones and London Copper last night.

At 2 a.m., London copper closed at $5,573, up $98, or 1.79%, from the previous trading day.

At 4:00 a.m., the Dow closed at 9,447 points, down 5.11%, down 508 points from the previous trading day. The intraday low was 9436 points, which was very little different from the closing point, and it could almost be seen as closing at the lowest point. In other words, the candlestick on the computer screen is a barefoot black candlestick with a long upper shadow. Its closing point continued to move away from the moving average system, once again hitting the lowest point of the year.

This trend is exactly the same as the candlestick on October 3, indicating that the Dow will accelerate its decline.

Compared with the previous trading day, London copper still closed slightly higher. But Li Xin is not worried about the slight rise of London copper, because when London copper closed at 2 o'clock in the night, the decline of the Dow Jones had not yet begun to expand. The current trend of London copper is greatly affected by the Dow, and it is reasonable that its closing price has been retained when the decline of the Dow has not yet begun to expand.