Future chat group - Chapter 833 Victory is determined
If the main bear force does not appear, the bulls can still manipulate the data and penetrate the top. But when excessive selling occurs in the 2650-2700 point area, everyone will know that the bulls will not have this opportunity.
The bulls have found the top. If the main forces of both parties do not participate, the top will be at 2700. The place where a large number of selling orders appear should be the 2650-2700 area, and the opportunities to close positions should also be in these places.
However, how can short sellers allow their opponents to close their positions? If there is no hedging with a large amount of funds and a risk exposure of tens of billions, if you want to close your position in a narrow area, it will take at least two or three months. You are out of luck. , half a year is also very possible.
“Last chance.”
“It just depends on whether the bulls are willing to sink deeper.”
The market has entered the final decision, but the increase in selling orders and the shrinking volume of energy have shown that the upward trend is weak, which further stimulates the emergence of selling orders. The reason why the index has not collapsed yet is entirely because everyone knows that the bulls He also has the final say.
Seoul International Financial Center.
As the main bulls, Mayor and Li Enjing were full of despair. If they were facing someone else, they would have taken a gamble in the end, but the person standing opposite them was Lei Hao.
“When we increase our position, China Lei will definitely follow, he will definitely follow! That bastard will definitely follow!” Mayor was a little stunned and kept muttering this sentence, but in his heart he did not mean to make a comeback.
However, after liquidating all the funds, Mayor could only bow his head in despair.
At this time, the bulls will not only have to face the joint short selling by Thunder and Chinese institutions, but as long as the main short sellers have sufficient counterattack capabilities, the wait-and-see funds will also enter the market, because this is a sure-win operation.
If the bulls increase their positions, no one knows how much pressure the shorts will have to endure. It may be 30%, 40%, or less than half. The technical advantage is so powerful.
“The top of the Korean market is too low.” Li Enjing thought of the scene where he tried every means to snatch the bullish position from Lei Hao, and he felt the urge to cry. That was stupid.
Who could have known that when the US-Korea Free Trade Agreement was being negotiated and the Korean market was doing well, this damn top would appear at 2,700? Pulling it higher by dozens of points can also give the bulls a chance to breathe and make a comeback.
If it is 2750 points, the bulls hold the 200-point range and try their best to hold back the Thunder.
If it can reach 2800 points, at least it will be impossible to find the top today. As long as today is passed, it is still unclear what the market outlook will be, and the bulls are absolutely sure that the Thunder and other Chinese-funded institutions will not be able to take advantage of it.
It happens to be 2700 damn points, and it’s 2700 points that have too much energy starting from 2650 points. How is this going to work? The emptiness, loneliness and coldness of the bulls have been completely exposed to the market’s waiting funds. Then there will definitely be a large amount of funds entering the market to “send warmth”, and the thick selling will bury them.
“Give me one more day and I can make a comeback!” Mayor clenched his fists tightly, full of unwillingness.
Lei Hao’s operation steps are too terrible. If there is no large amount of selling at 2650 and does not arouse the market’s willingness to sell, the bulls will have much more time. If the 2700 point is not blocked, the bulls will also have time to make adjustments.
But now there is none. You have to make a decision in a short time. Panic selling has begun in the market. The main bulls do not show their attitude, and the collapse is right around the corner.
The bulls are silent, thinking, and hesitating before the collapse.
But the short sellers are in a carnival. The top is 2700 and the second top is 2650. Where can it be pushed normally? 2600? It’s definitely more than that. 2500 or even 2400 may not be a dream. The Korean market will definitely become a playground for short sellers. As long as everyone properly allocates bearish positions in the profit zone, the downward pressure will increase like a snowball. The overwhelming power of Mount Tai.
Yanjing, central bank.
Wang Huachen, Yuan Jigong and others saw it with excitement. In a battlefield without gunpowder, Chinese-funded institutions really won, and they won directly without the central bank taking action.
This is a warning from technical fundamentals, and it is also the sound of Chinese-funded institutions stepping out of the country.
“He won again.” Thinking of Lei Hao’s confident face, Yuan Jigong had the idea of resigning and participating in hedging with financial institutions, although he knew this was impossible.
“Now, the situation is very clear.” A solemn look flashed across Wang Huachen’s face: “In other words, we can make the situation clear!”
“Let Comrade Yunqing suspend the currency swap agreement negotiations with the Bank of Korea first. What’s the reason…” Wang Huachen said to Yuan Jigong: “On the grounds that the Korean market has excessive systemic risks! In addition, the sale of our foreign exchange reserves The Korean won assets have issued a warning to the market, and our attitude is that we are not optimistic about the future of the Korean market!”
The cost of providing help when needed is very high, but the icing on the cake is not that complicated.
When the top of the Korean stock market appears, it is very normal for me to make adjustments, and this “I” represents the foreign exchange reserve manager of more than 3 trillion US dollars. How many Korean won assets are there? In other words, how many Korean-related assets are there?
When it can make money, reduce risks, and help Chinese institutions, the Central Bank of China will not hesitate at all.
In less than half a minute, Liu Yunqing, director of the International Department of the central bank, stated that the current currency swap agreement negotiations between the central banks of China and South Korea are not progressing smoothly due to the increase in systemic risks in the Korean market.
Chinese state-owned financial institutions have also expressed concern about the intensifying systemic risks in the Korean market, adding insult to injury, selling and short-selling.
Yangma helped Chinese-funded institutions stab the Korean market, but the price paid was extremely small. The market outlook was obviously bearish. Wang Huachen just took advantage of the trend and pushed it. Of course, this move was fatal.
The KOSPI index fell along with the trend, the South Korean won continued to depreciate, and the powder keg of the South Korean capital market was in danger of being ignited. Even the renegotiation of the US-South Korea Free Trade Agreement caused some disturbances.
I’ve made it clear that you won’t get anything in return for your efforts, so I’ll give you preferential terms? What kind of international joke are you kidding? Otherwise, Smecta, would you give me some concessions in other areas? For example, it will bear the costs of all U.S. troops stationed in South Korea.
Extending from the financial circle are changes in relations between countries, but it is not too complicated to sum up. As long as the bulls admit losses and stabilize the Korean market within an appropriate range, the situation can be prevented from major changes.
In fact, after the Central Bank of China helped the short sellers, the bulls in the Korean market had no extra choice. Admitting defeat was the only way.
In the stock market on Monday, the KOSPI index closed at 2574 points, falling directly by more than 100 points that afternoon. The dazzling red color (foreign stock markets basically use red to represent a decline), huge amplitude, and high energy columns in the middle and low on both sides, announced that bulls recognized the technical challenges. Index adjustment, the market outlook is obviously bearish.