The first possibility is to explore it briefly......

Wang Nuo still has the second and third possibilities in his heart, a total of three, but there is no need to say it, because the first possibility has come out.

The price of the main rebar futures contract fluctuated slightly from above 2,850 yuan per ton, and then quickly turned downward, not as mild as the previous three days, but three or two orders fell a little, three or two orders fell a little, and fell directly to 2,840 yuan per ton.

The selling orders below 2850 yuan came inexplicably, and the bulls seemed to disappear temporarily, handing over the market to the bears.

But that's just a layman's point of view, and people in the industry can draw the conclusion that the main position of the bulls is above 2,800 yuan per ton.

That is to say, below the price of 2,800 yuan per ton, the main force of the bulls can lower the opening price, higher than the price of 2,800 yuan per ton, and the main force of the bulls will raise the cost price a little bit every time they build a position.

Therefore, the price falls and the buying order decreases, it is not necessarily the bears doing something, but it may also be that the bulls are making small moves.

In the same way, if there is a buy order at this time, it may not be the main force of the bulls to sell, and the main force of the bears can also close part of the profit position.

"What is your point of view?" Wu Xuan looked at the changes in the market, staring at the market, and asked Wang Nuo in an excited tone: "Fall for a short time? Do you think it will rise? Why? Where will it rise? The main force of the bulls will still pull up? The price is too high, it is not good for them, right......?"

Wu Xuan's mouth was firing bullets with question marks like machine guns, and as the rhythm of the question rose, his excitement slowly rose to the highest.

The financial market, especially the futures market, is likely to have no wind and waves for ten days and half a month, and then suddenly come a wave of market that tests the heart.

Analysts are doing research work on the overall situation, and traders need to keep an eye on the changing market, but now the trend of market changes may corroborate Wang Nuo's analysis conclusion.

Of course Wu Xuan was interested, and even ...... A little overexcited because he's also bullish.

"The price is too high, it is not good for the main force of the bulls to open a position, but the price is too low, they can't open a position!" Wang Nuo said with certainty: "So the low level can't break out the volume, the bulls' temptation is in vain, and even stealing chickens is not a loss." ”

"The current decline is opened by the main force of the bulls?" Wu Xuan If he had enough time, he would be able to analyze the details of the market changes, but now the time is too tight, and he is close to ...... It is the accumulation of the previous stage.

There is no doubt that Wang Nuo's views accumulated in the early stage are more accurate and firm than Wu Xuan's.

"Because it's a lot, so I have to test it, if there is?" Wang Nuo said very firmly.

Much more, these three words reaffirm the discussion of the outbreak of trading volume in the future.

The demand is very big, so even if you know that it is likely to steal chickens and rice, but you don't mind this small loss, it is about the expected loss of millions of yuan, if it succeeds, it is possible to make hundreds of millions of profits, no matter how low the probability is, it is worth a try.

What Wang Nuo eats is the space of one million yuan.

The price drop is a good thing for Wang Nuo, as long as his point of view is correct, as long as the low level is immeasurable, the price drop is a temporary event, and he can complete the remaining thousands of hands at the low level.

When Wu Xuan saw Wang Nuo clicking on something on his mobile phone while watching the changes in the market, he didn't say anything, it was obvious that Wang Nuo felt that the decline was short-lived and the market outlook was rising, so he should be adding to his position.

So...... How many positions does Wang Nuo hold?

Wu Xuan thought about the numbers, and felt that Wang Nuo's investment style was inappropriate, if the 11,000 hands in the early stage were not thrown, and then the risk was too high.

But this also shows Wang Nuo's firm view of the market.

"There are too many variables, and they may not fall, even if they fall, they may not be temporary, and even if they fall temporarily, they may not necessarily be the main forces of the bulls ...... the test" Wu Xuan thought silently, and then smiled dumbly: "How can I be as careful as a woman who goes to the market to buy vegetables." ”

"Either a lower price to complete the position, if it rises back, even if it is 2850, it will not wait any longer, and there should not be much time for the see-saw. Wang Nuo is distributing positions according to his own ideas.

According to the calculation of one million trading volume a day, there are about 4,000 hands per minute, 2,000 hands for each side of the long and short sides, and Wang Nuo can add a total of about 7,000 hands, that is...... A buy order of three and a half kinds?

The futures market is not Wang's, 7,000 hands, if Wang Nuo is to let a few prices, of course there is no problem to complete the position, if you want to take a few more prices, maybe you can't do it in half an hour.

So...... Wang Nuo is ready to let.

Seeing the general trend change, a few prices were conceded, and Wang Nuo was waiting for the price to touch 2,800 yuan.

The range of 50 yuan, compared with 2850 yuan, is close to 1.8%, and the price limit of rebar futures is 6%, which is not a small depth.

There is also some attention to the choice of 2800, which is exactly where Wang Nuo's prediction of the position of the main bulls is dense, that area, if the bears show a strong closing trend, that is, the trend of short jumps, the main force of the bulls pinch their noses and have to admit it.

The price resonance of the spot market and the futures market has just formed, and the main bulls cannot see the area of trading volume, and it will definitely not stay.

The market continues to fluctuate slowly, falling from 2850 yuan to 2840 yuan, and then to 2830 and 2820.

But there are tipping points for up and down.

"Will there be a critical point for 2,800 yuan?"

"Is it the bulls who are taking risks?"

"Aren't they afraid that the short-selling force that will be drawn out after the fall will be too great, resulting in more than the funds can bear?"

Wu Xuan's mind was full of questions, but according to Wang Nuo's "short fall" discussion, they could all be answered.

The market also quickly gave evidence, from 2820 to 2800, is a common sharp jump in the industry, if Wang Nuo's argument is correct, then it is the reason why the bulls test whether there is a critical point, if Wang Nuo's analysis is wrong...... Then the situation is very serious.

From another point of view, the bulls actually prefer to see the price of 2,800 yuan per ton untenable, because it represents...... The short-selling power is not large, and upward support exists.

For Wang Nuo, when the price falls to 2800, Wang Nuo can start to increase his position.

Of course, 7000 lots can't be added up to the 2800 position, because there is no money.

Falling from 2850 to 2800, Wang Nuo lost 5.5 million yuan of book profits, and the amount of funds was directly reduced by the futures company by 5.5 million, leaving less than 21 million yuan in the book, the original 11,000 contracts, the minimum margin required is more than 15 million, and the rest is about 5 million.

Therefore, Wang Nuo's data of filling up the position at 2,800 yuan per ton is 3,800 hands, and then if the price rises, he can slowly increase his position until he uses up the amount of funds that have been re-unlocked.

Wu Xuan was watching the plate on the side, but he was almost dumbfounded, followed by a burst of excitement...... Because 2800 is really a short touch, even the main force of the pressure did not expect that the buying order accumulated at the position of 2800 yuan per ton is very thick, if they are not rushed, maybe 2800 does not need to touch, to the position of 2805, see the thickness of the 2800 buy will not dare to go down.

Other words...... Wang Nuo's analysis is right, the situation that came out of this round of testing is very clear: there is support for the upward, but it cannot go down, and the upward movement is naturally a foregone conclusion, and after the upward movement, the probability of the amount of energy breaking out is more than ninety percent.

The low support was too strong, and the futures market price went in a V-shape, and after a short dip, it quickly rebounded.