Lao Cui: Blind short selling is not advisable, the market may still reverse

老崔说币 · 2023-10-09T15:45:35.000Z

The hustle and bustle in the world is all for benefit; the hustle and bustle in the world is all for benefit! Good evening everyone, I am Lao Cui. After two days of fluctuations, today I have also stepped out of the range, and successfully reached a new low of 1580. The high reached 1635, and the overall volatility was nearly 55 points. Returning to the topic, the crude oil market has plummeted recently, gold has also fallen off the altar, and Israel has declared war. It can be said that the international situation has changed dramatically, with one wave rising after another. This also strengthens the evidence that the overall trend is bearish. The currency circle has also declined again, and the overall economic situation is foggy. This trend is indeed a bit torturous. In the short term, the trend is completely biased towards the short side. Caustic soda closed down 3.77% in night trading, coke closed down 3.04%, and soda ash also closed down 2.69%. The energy sector can be said to be in a mess. Lao Cui was confused and elusive. When the night futures opened, fuel oil, crude oil, and Shanghai lead fell by more than 1%, asphalt, and low-sulfur fuel oil fell by nearly 1%; Shanghai nickel rose by more than 1%. Judging from our currency circle, the decline is even greater. Retail investors on the market fled really quickly. The dealers have been observing for a long time but have not taken action. The bulls have completely lost control today. According to our overall analysis, the early position is 1625. It falls directly below and then goes all the way down, which is also in line with our short-term short prediction. But don’t be anxious, there is still a chance for the market to reverse. After studying the market for a day today, I found that the 1576 position still has certain support and a large amount of buying orders remain. This may be the turning point of the market. The most important point is to emphasize to everyone that since the last high point of 1780, the market is still in the correction stage, so short positions are still in the trend. If you want to counterattack, you still need to bear a lot of responsibility. risks of. Focus on observing whether the 1600 position can be stabilized in the near future. 1600 is the dividing point between bulls and shorts. Once it cannot stabilize, the market will still go down. You don’t have to wait for the bulls to counterattack. You can just go with the trend. Only when the key points are stabilized can the market continue. If there is a possibility of counterattack, you can try long orders with small positions. #一起来跟单 #注意资金安全 #美联储是否加息？ Lao Cui’s message: The full text is based on personal speculation only. This article does not have any reference value. You should be cautious when investing. I wish you lots of money!

Good evening, everyone. I am Lao Cui. After two days of fluctuations, today we have also stepped out of the range and successfully reached a new low of 1580 and a high of 1635, with an overall fluctuation of nearly 55 points.
Back to the point, the crude oil market has plummeted recently, gold has also fallen from the altar, and Israel has declared war. It can be said that the international situation has changed suddenly, and one wave has not settled down, and another wave has risen. This has also further strengthened the evidence that the overall trend is in the short position. The currency circle has also declined again, and the overall economic situation is a fog. This trend is indeed a bit torturous. In the short term, the trend is completely biased towards the short position. Caustic soda closed down 3.77% in the night session, coke closed down 3.04%, and soda ash also closed down 2.69%. The energy sector can be said to be a mess. Lao Cui was confused and unpredictable. When the night session futures opened, fuel oil, crude oil, and Shanghai lead fell by more than 1%, asphalt and low-sulfur fuel oil fell by nearly 1%; Shanghai nickel rose by more than 1%.
Substituting it into our currency circle, the decline is even greater. The retail investors in the market are fleeing really fast. The dealer has been observing for a long time but has not made any move. The bulls have completely lost control today. According to our overall analysis, the previous 1625 position was directly broken and then went down all the way, which is also in line with our short-term short prediction. But don't worry, the market still has a chance to reverse. After a day of research today, I found that the 1576 position still has a certain support, and there are a lot of buying orders left. This may be the turning point of the market. The most important point is to emphasize to everyone that since the last high point of 1780, the market is still in the stage of callback, so the bears should be established, and short selling is still going with the trend. If you want to catch a counterattack, you still need to take a lot of risks. Focus on observing whether the 1600 position can stabilize in the near future. 1600 is the dividing point between long and short. Once it cannot stabilize, the market will still go down. You don't have to wait for the bulls to counterattack, just go with the trend. Stabilize the key points, and the market will have the possibility of counterattack. You can try long orders with a small position.#一起来跟单 #注意资金安全 #美联储是否加息？ 
Lao Cui’s message: The entire article is based only on personal speculation. It has no reference value. Please be cautious when investing. I wish you all great wealth!