Chapter 220: Quantitative Energy Upgrade
"The big money merchants and market-making banks in London tried to short the dollar index futures the day before yesterday to no avail, weren't they repulsed? Why is it making a comeback today, and the strength of the release is obviously much more fierce than the day before yesterday, giving people a feeling of desperateness. Pen × fun × Pavilion www. biquge。 info "Ryan the dress woman seems to have come in a hurry and has not yet understood the situation in detail.
"That's because there is a share of funds, and the relationship between waving flags and selling goods is extremely fierce, but the origin of this fund has not been clarified yet." Old George had a faint look of concern.
"President Felix, the group's funds have been transferred to the account and can be operated at any time." A woman in charge of finance, reported to the curly-haired man.
I saw that in a difficult situation, not only the curly-haired man was on the phone, but even the president of Met's Insurance Group, Finnandi, was constantly using the phone to communicate and coordinate.
"Is the Met's side ready?"
The curly-haired man dropped the phone and asked Fernandi in a loud voice.
Because of his relationship with the New York Life Insurance Group, Fernandi, who was dressed in a suit, just nodded with the phone and didn't say much.
"U.S. dollar index futures are at 96.6020."
Realizing that there might be waves, a female trader promptly made a bid.
"To sweep the dollar index futures up, the first target is to look above $97 to see if it can turn around and attract some multi-party funds to intervene to share the pressure." The curly-haired man shouted without hesitation.
"Sweep the goods, push the dollar index futures upward, and pull to around $97.5 before rebalancing." Finandi, a middle-aged man in a suit, gave trading instructions to Met's Insurance Group over the phone.
"Boom~~~"
Consecutive buy orders of more than 100,000 lots have appeared in the US dollar index futures in a short time, and even bring people a sense of revenge that cannot be suppressed.
"It's too close to $96.5, it's dangerous."
Watching the futures price rise steadily, Old George couldn't help but breathe a sigh of relief.
"The international gold spot followed the decline and broke $289, if the Japanese funds operating the gold price can't resist the pressure of shorting in the intraday, it is a good thing for us." In the view of the dress woman Rey, the current wave of dollar index futures rise is powerful.
"President Felix, the futures price has not yet reached $97, and the pressure has already been revealed, and it may be difficult to break through......," the trader said, which made the shareholders of the New York Life Investment Department nervous.
"To release the trading volume, we must step on $97 under our feet, so as to attract the intervention of multiple followers, and also allow us to get enough room for adjustment." The curly-haired man directly gave the investor decision.
"The U.S. dollar index futures are 97.0123, sweeping 300,000 lots."
Because of the joint promotion of the two bulls, a female trader of New York Life was quite bold and directly placed the new long position opening order above $97.
"Boom~~~"
The huge trading volume continues to burst out one after another, and as the futures price continues to rise, it brings people confidence.
"The market conditions are gradually improving, and there is a lot of buying, and the volume jumped to $97 at this time, which should be able to boost the sentiment of the bulls." Old George was a little nervous, hoping that the situation would improve.
"Continue to rise, there can be no pullback in this wave of upward impulse, and it must be around $97.5 in one go." Although it crossed the $97 integer mark and encountered strong pressure, the curly-haired man's spirit was still a little uplifted.
"Buzz~~~"
Suddenly, the keyboard sound of New York Life's proprietary department was much more intensive, which made the upward rate of the futures price continue to accelerate.
"It can only be said that it went well."
Seeing that with the rise in the futures price, the main force of the bears in the market died down, and the young man who held Felix accountable before seemed to have said a soft word.
"Now the selling pressure in the market, although relatively idle, but still not to be underestimated, it seems that the impact of the Federal Reserve's interest rate cuts, far greater than imagined, if this negative can not be solved, the future price wants to stabilize above $97, it is still very difficult." Old George didn't dare to be careless.
"All aspects of the situation, the Fed's interest rate cut is a foregone conclusion, the key is that the weak economic data reported before has become a strong impetus for interest rate cuts, so it is better not to expect the Fed's closed-door meeting." Finandi, president of Metropolitan Insurance Group, seems to have realized that the results of the Fed meeting will announce a rate cut.
"The U.S. dollar index futures are already at 97.3011, and the upward pressure is extremely heavy, even exceeding the selling volume of the $97 integer mark." Seeing that the price of futures is getting better and better, the female trader's statement is difficult and panicked.
"Finandi ......"
The curly-haired man suddenly turned his gaze to the president of Met's insurance group, who was dressed in a suit.
"You should be able to hear the trading order I gave on the phone just now, even if our Metropolitan Insurance Group adjusts its position, it will not choose this improper place, how can it jump above $97.5 to have room for adjustment." The middle-aged man in the suit saw Felix's suspicions and quickly clarified.
"Is the selling pressure in the market dense?"
Although the curly-haired man stared at the handicap, he asked the trader.
"Although it is not too intensive, the amount of selling orders is very large, and every time it is released, it is a large selling order of more than 100,000 hands, which has a strong negative impact on our future price." The female trader is constantly trading, but every time she pulls up a price, it is extremely difficult.
"This kind of sell-off is not spontaneously formed by the market rebound in place, and it is simply a deliberate attempt to dampen the bullish sentiment of the market." George, a seasoned investor, clearly felt that something was not right with the changes in the market.
"Before the target level of $97.5 is reached, the main force of the bears has been launched in advance, what should I do now?" An elderly trader couldn't stand the pressure of the intraday and asked with difficulty.
"The amount of funds that can be used by gold merchants and market-making banks in London cannot be endless, and then insist on persevering, try to push the gold price to the target level, and then observe the situation of the handicap." Felix, a curly-haired man, always feels that the catharsis of the main force of the market bears has also reached a critical point.
"Firmly sweep upwards, let the dollar index futures rise to 97.5."
As if to make a stand to the shareholders of the New York Life Insurance Group, Ferdinand, a middle-aged man in a suit, instructed firmly on the phone.
"Boom~~~"
This time, before the New York Life Insurance Investment Department made the first move, the large purchase of Metropolitan Insurance Group had already appeared in the intraday.
"The situation of the group has not yet reached the point of exhaustion, try our best to sprint to the last second, we did it two days ago, and I believe that this time we can also force the main force of the bears back." The curly-haired man shouted in the investment department, trying to boost morale.
However, in the process of the two major insurance groups making efforts to rise, it was the main bears who first enlarged the trading volume.
"Boom! Rumble! Rumble! ”
A large selling order of more than 200,000 hands was secretly whined, and the first to upgrade the amount of capital investment, as if with the power of returning to the mountains and the sea, the concentrated offensive of the two major insurance groups was pressed around 97.3 US dollars, making it difficult to push the pace of the offensive upward.
"President, the main force of the bears first increased the amount of selling, and the large orders of 200,000 hands in the intraday appeared repeatedly, and even mixed with 300,000 hands of ......" The elderly trader shouted that it was a little difficult to breathe.
"Don't retreat, after this wave, I believe that the amount of funds of the main force of the short side should also reach a critical point, if it is defeated head-on at this time, it will really be a dead end." The curly-haired man stiffly held on.
"The volume of selling is still expanding, hurry up and check the origin of this fund." Old George only felt that his heart was tight, and the bad premonition became more and more difficult to suppress.
"Takashi ~~~"
The emergence of a covering selling pressure of more than 500,000 lots really made the two major insurance groups feel a little irresistible.
"This should be the last one, it must be stabilized, and $97.3 must not be given to the main force of the bears, pushing the price up, and letting it see $97.5." Knowing that Metropolitan Insurance Group had done its best when conditions permitted, Fernandi couldn't help but shout in the investment department of New York Life.
The volatile U.S. dollar index futures handicap has been fiercely exchanged between long and short sides in a short period of time, and the value of the contract has even been calculated in the tens of millions of dollars.
"Push dollar index futures above 97.3501."
The elderly trader couldn't care about the amount of funds left in the account at this time, and only thought about forcing back the terrifying short funds in front of him.
"It's up."
Finding that the investment department's more than 300,000 lots were opened, as if pulling the futures price out of the pressure zone, the old George's face was red, and he also felt that after continuous large-scale selling pressure, the capital investment of the main force of the bears seemed to have eased.
"Takashi ~~~"
Before the shareholders of the investment department of New York Life Group could take a breath, the 300,000 short positions in the dollar index futures reappeared, but completely erased everyone's hopes.
"Impossible, the market has come to such a point, in the case of the continuous expansion of market positions, how can there be such a large amount of capital ......" Before the curly-haired man finished speaking, a large selling order of more than 500,000 hands had already roared down, smashing the gold price from $97.3 to $97.1068.
"President, not only have the $3 billion you transferred into the account have been exhausted, but even the $100 million you contributed in your personal name have all been invested in US dollar index futures." The girl trader struggled a lot, and soon couldn't trade again.
"Don't say $97.5, 97.3 has an insurmountable mountain, and now even the integer mark of $97 can't stand, what should I do next?" Rya, the woman in the dress, was no longer complaining, but was a little dumbfounded.
Not only New York Life Group, but also the main bears in the US dollar index futures are still selling goods when the follow-up funds invested by Metropolitan Insurance Group have dried up, which has to be said to be an unusually heavy blow to the two major insurance groups.
Even in the previous wave of rapid market decline, the curly-haired man Felix did not think that he had lost, but now, in the face of the fierce selling volume on the plate, he couldn't help but feel powerless to deal with it.
(The second update will be sent.) )