legendary trader

Chapter 368

Knowing the direction of the stock market in the future market, Chen Fan looked back and saw the current intraday trend of falling. He already fully understood the meaning of the main force in the market. endurance.

After all, according to Chen Fan's forecast, the market will experience a correction next month, at least it will not continue to hit new highs. Under such circumstances, will market participants flee quickly during adjustments?

Chen Fan thought that the main force of the market fluctuated repeatedly, not only for laundering chips, but also as a hint to the market: adjustments are normal, don't be afraid, just manage and hold them, and the market will continue to hit new highs in the end.

Although I don't know what the effect of doing this is, but Chen Fan thinks it will make some people, at least some people feel it, or hide a glimmer of hope in their hearts.

The trend of the Nasdaq today may have just happened to hit the G point of some bearish people. In the subsequent news reports, reports about the double-headed top of the rice stock market began to blare.

Even if there are bullish analysts, they have become more cautious in their words when appearing on programs or writing analysis reports. I really feel that this year's market is unusual.

The sword of Damocles is hanging above, and there are countless people below who want to draw their salaries from the bottom. Can such a market still rise?
The collective climax of newspapers and TV stations all brought out the trend of rice stocks, especially the Nasdaq market, and clearly showed the bullish trend to everyone. In consideration of prudence, the teacher analyzed the future development of the rice stock market in the program, that is, the top may not be achieved overnight, and there may be a more complicated top, and maybe the double head is not the end, and finally the K-line combination may appear A deformed top like this with three heads.

This is also to prevent being beaten. The bearish remarks in the early stage have been beaten up by the market. As analysts and brick-and-mortar beasts who rely on their faces for food, they still attach great importance to their faces, so I left myself a little bit of space when I spoke. A little leeway to prevent being beaten again.

It was lively during the day, as it is in Huaguo, and soon the time came to more than 8 o'clock in the evening.

"I've said it all, don't be so nervous." Chen Fan looked at Zheng Xiaopang who was dragging him to the trading room and said helplessly.

"I know you said that the market is washing up now, and I heard it when my uncle and aunt called, but I think we should do something, at least watch the computer and see how the Nasdaq futures go." Zheng Xiaopang said No matter what Chen Fan said, just pull him away.

"Recently, the media has been beating the shit out of them, and they report so vigorously when there is no movie." Chen Fan sighed and said, "My mother didn't know which TV channel to watch in the afternoon, but she knew that the rice stocks were topping, and the market was about to start. It plummeted, nothing happened."

"He is reporting the Shenzheng Index, so he just said how the rice stock has peaked, and your mother cares enough about you. Maybe your family will have a female stock god, hahaha." Zheng Xiaopang also teased road.

The two walked into the trading room one after another, sat in their seats and turned on the computer. At this moment, the futures market has just opened for trading.

Because of the market drop yesterday, after the stock market closed, the futures index market continued to fall. Before the March contract of the Nasdaq closed, there was a sharp drop, which was directly smashed to close at 3 points. Today’s opening is also lower, at 2461 The market opened, but it did not continue the downward trend. Instead, there was a wave of rebound after the market opened. I don’t know if this trend will continue to the stock market.

Although the futures index market has rebounded, the rebound height is still limited. It only rebounded to around 2470 points and it will not rise. With the energy of the market rebound, the Nasdaq futures can only oscillate sideways here. In such a balanced market, we can only wait for the stock market to open before we can tell the difference.

However, the market still exceeded their expectations. At 9 o'clock, a few minutes before the Nasdaq opened today's opening point, the Nasdaq futures March contract took the lead, and the long funds in the market once again organized a wave of pull-ups. During the pull-up process, the trading volume increased significantly. The short sellers may not have calculated that the bulls would take a risk at this time, so there was no strong suppression. The Nasdaq’s March contract was quickly pushed up, and it rushed below 3 points in one fell swoop. Today's opening point of the Nasdaq is also displayed.

The bulls in the index futures market were not disappointed. The Nasdaq opened sharply higher today. The Nasdaq opened directly at 2 points, 442.52 points higher. The higher opening point was much higher than the previous two trading days.

As the opening point of the Nasdaq broke out, the March contract of the Nasdaq futures rose more violently. Perhaps in order to cater to the Nasdaq’s sharply higher opening, the March contract point was pushed to the 3-point mark by the bulls in the market, and the trading volume was also violent. enlarge.

"Who is going long?" Chen Fan looked suspiciously at the futures market and said, "It seems that the list pushed up is very scattered. It can't be that the funds in the market are doing it by themselves."

"You mean the main force in the market is quietly buying more?" Zheng Xiaopang asked, turning to look at Chen Fan.

"It's hard to say, I'm not sure." Although Chen Fan was a little skeptical, he really couldn't see anything. Although it felt a little abnormal, it stands to reason that at this time, there will be no bulls' funds desperately pushing up the market. If someone must do it , that can only be the hand that controls the stock market.

Chen Fan is still thinking about the source of funds to push up the futures index, and the rice stocks have already started trading.

After the Nasdaq opened, there was a wave of rapid rise, but it only showed weakness when it reached around 2453 points, and it could not continue to rise.

With the weakening of buying power, the Nasdaq began to turn down to find support.

Seeing the market correction, Zheng Xiaopang became a little worried. He looked back at Chen Fan and saw that he seemed to be thinking about something, so he didn't say anything to disturb him, but continued to watch the market operation patiently.

The Nasdaq’s pullback speed is not fast, because there are still some buying orders accumulated below, so it fluctuates all the way down, but it is still approaching today’s opening point. If this trend continues, then obviously today’s It is very likely that the gap needs to be filled.

Thinking of making up the gap, Zheng Xiaopang couldn't bear it anymore.

In the current world, if the market is not quickly pulled up to regain popularity, God knows whether the main force of the market can control the market. If the market loses control during the continuous correction, the main force of the market will not bury itself because of it.

Thinking of this, Zheng Xiaopang started to scratch his head, and he started to get nervous again.

But the market doesn’t care about these. Without enough strong buying support, the Nasdaq still fell below today’s opening price. With the K-line chart turning into a negative line, the current graph looks more and more like a top.

Yin lines appear continuously at high levels, and the entity is not short, and the trading volume is also maintained at a high level. All aspects reveal that the market seems to be building a top.

At the same time, in the external trading room of Shencheng Jinxin Building, the man with glasses was staring at the computer screen seriously, searching for the signal of the market direction.

Yesterday, rice stocks continued to fall. Many colleagues in the trading room who entered the market in the early stage chose to stay on the sidelines. It seems that he is the only absolute short here who still holds long positions and is doing his best to go long.

Today's Nasdaq futures opened low and went high, which greatly boosted his confidence, but as the stock market went up and fell back, the Nasdaq futures also quickly peaked and retreated. Seeing that the strength is not small, the man with glasses began to hesitate at this moment stand up.

The profit from leaving the market is not small now, but it is similar to the previous few times. I always feel that there still seems to be greater opportunities in the market, which makes him want to stop, so let's take a look.

The man with glasses could only sigh inwardly.

What he didn't know was that Xiao Yang, the leader of the core trading team upstairs, was flipping through his information at the moment. The above information not only included almost all of his performance records since he joined Jinxin Company, but also included the most recent year's performance records. Transaction records and current positions.

This afternoon, Xiao Yang directly retrieved the information of the traders in the trading department from the risk control side for screening, and finally locked a few people. Although the market has opened, other members of the team are watching, Xiao Yang is really It is very easy to continue to read the information of several candidates on the side.

"It's interesting. I continued to be short rice stocks a year ago, and suddenly turned more than a year later. I still hold long orders in rice stocks. Huh? Gold is doing well."

After reading the profile of the man with glasses, Xiao Yang put his resume on his left, picked up the last profile and looked
The Nasdaq continued to slide after falling below the opening point, and started to close the gap. Soon the Nasdaq fell to around 2430 points. Here, the bulls organized a powerful counterattack, but the rebound was not supported by the trading volume. After rebounding above 2440 points, the rebound failed, and the journey of bottoming out began again.

After two consecutive declines, the Nasdaq finally fell to 2 points, a very magical point. At the closing point of the previous trading day, today's gap was completely closed.

After closing the gap, there will be a rebound. This rebound has never stopped since the fall. After each fall, the market bulls will organize a counterattack, and then fail to break the bottom, continue to bottom out, and then rebound
The market is running so regularly, and there is no intention of breaking it.

But this kind of trend is different in the eyes of the man with glasses. The man with glasses is still a little superstitious. In the impression of the man with glasses, it seems that this kind of upward trend just after closing the gap has happened more than once this year. Is it the market after all? Did it happen by accident or was it done on purpose?
The same question is also circling in Zheng Xiaopang's mind, what the hell, it's such a coincidence, is this foreigner's trader and hand control so good?
It can be accurate to the decimal point.

The strength of the rebound this time is not bad. After bottoming out and rising to 2419 points, it gradually began to feel a little weak. It seems that it will repeat the previous mistakes at any time and return to the downward channel. At that time, there was a slight difference in the market. The trading volume of the Nasdaq index reversed rapidly from the beginning of shrinking, and a large number of buying orders came suddenly. The stock prices of large-cap stocks began to rise sharply, and the Nasdaq also changed from its previous weakness, and suddenly jumped up and down.

"The main force in the market should be doing something." Zheng Xiaopang said directly to Chen Fan, regardless of whether Chen Fan was thinking about something or not.

Only then did Chen Fan raise his eyes to look at the trend of rice stocks, and then at the Nasdaq futures, which were still in a sluggish trend. He squinted his eyes when he saw it, "It's a bit like it, and the futures index has also begun to enter the market with multiple orders."

"Manipulating the two markets at the same time, the main force should be very rich." Zheng Xiaopang became happy after hearing Chen Fan's judgment. There was no reason, maybe he felt that what Chen Fan said was right.

The Nasdaq market is the main battlefield for the entry funds this time, and a large number of buyers swarmed out. The Nasdaq was quickly pulled up from around 2420 points, and it rushed below 2450 points in one breath before starting to pull back.

Although the other two major markets also have funds entering the market to boost the index stocks, relatively speaking, the amount of funds is much less, and the increase in the index is far smaller than that of the Nasdaq index. The main goal of the company is to stir up stocks in the Nasdaq market, and other markets are just doing a wave by the way.

Seeing that the Nasdaq started to pull back after completing its surge, and combined with the rest of the trading time, Chen Fan laughed and shook his head, "I'm afraid it will pull up the market again today."

"There is not much time left, and I guess we can still do a few rounds. It's just that late trading is a recent practice, so it's not unusual." Zheng Xiaopang also responded with a smile.

"Did the traders below cover their positions?" Chen Fan was more concerned about the operations of the traders in the two trading teams below. Many people reduced their positions yesterday.

"No, there are very few people covering positions today, just a few." Zheng Xiaopang replied.

"Grab the end of the market today, and some people will turn around and chase it back. If you continue to pull higher tomorrow, hehehe." Chen Fan thought it was funny when he thought of the recent transactions of these people.

In fact, there is no problem with their operations. For most traders, they are chasing ups and downs. The only thing they are better than ordinary traders is that they have a more sensitive sense of smell, and are more sensitive to market ups and downs. Be fast, not indecisive, and often enter the market based on a little feeling, instead of looking for reasons for your own transactions.

Of course, this is only the case when the market is changing rapidly. It is still necessary to consider all aspects of the choice of tracking targets and form your own trading strategy.

It should be known that if the selected target does not form a running trend, but only rises and falls there in an orderly manner, most traders of such trading targets will stay away, and there is no value to participate in.

Traders will choose the target they are optimistic about. Whether it is rising or falling, there must be a direction. Do it along the direction, but make frequent transactions to gain the price difference when the intraday fluctuates violently, but trade along the direction. will not change.

(End of this chapter)