As US stocks continue to fall sharply, the "subprime mortgage crisis" in the North American market has officially begun to appear after Europe, and the panic in the global financial trading market is still deepening and spreading.

The next day, Tuesday, November 13.

Asian stock markets continued to fall, achieving three consecutive plunges, with A-shares hitting around 5,400 points. There are several popular stocks that are strong ‘core assets’ that are pursued by investors, achieving a rare three consecutive limit downs.

The screams and anger of bulls are happening in financial trading markets around the world regardless of national boundaries.

After two consecutive limit downs, the highly anticipated China Petroleum finally hit the market today. However, in the overall situation of collapse, this kind of counter-trend has continued to be buried in some retail investors who are not afraid of death, which is of no benefit to the entire landslide and tsunami situation.

The market plummeted continuously, and in just three days, it hit a new adjustment low.

At this time, the bull market can no longer be believed. Of course, everyone still maintains their faith in the future of ‘core assets’.

Following Asia, Europe is the birthplace of the ‘subprime mortgage storm’.

The FTSE 100 index opened lower than the 1050 line and still fell sharply. The panic did not end. The selling wave still swept across major financial and real estate stocks.

326,413,419 These three core bonds affected by the ‘subprime mortgage’.

The discount rate of its main futures contract has further expanded. It just opened and fell to around 73 yuan. On the market, the bulls that were holding the market can also support the retreat, except for the huge amount of funds of several major players. The other long retail investors and hot money have cut their positions one after another, and their confidence in holding positions has completely collapsed.

LME copper, the price opened at the lower level at US$7,900, with a drop of less than one point.

Compared with the stock market and bond market, panic is slightly relaxed.

In the overall position of lme copper, whether it is long or short position orders, they all have a huge amount of year.

Such a long-short confrontation...

Everyone knows that there will be the most fierce decisive battle between bulls and bears here, so speculators and followers from all over the world come to seek profits here.

After lme copper opened slightly lower, given the beautiful inventory data of the London Metal Exchange last night.

The price rose a small amount of space under the active purchase of bulls, hitting the low point of yesterday's intraday plunge, making up for the gap.

Just as everyone thought the price of lme copper could be stabilized here.

As the world's major consumption of fine copper, China's National Reserve Bureau also announced the storage volume after 15 minutes of opening in the London market.

Different from the London Metal Exchange's stable inventory data.

The inventory data of the National Reserve Bureau of China has changed greatly compared with the previous one, with its inventory increasing, reaching a huge volume of nearly 200,000 tons.

At the same time, the China National Reserve Bureau also stated.

As the production capacity of domestic fine copper smelting companies increases, and the industry demand has exploded and has entered a stable demand stage, it is estimated that the subsequent imported fine copper quantity will decline.

Remarks from the National Reserve Bureau of China.

If it were normal, the lies that two years ago were the lie that had little impact on the price of lme copper, but at this moment, the market had become fragile under the baptism of the "subprime mortgage" storm, like a frightened bird. I found that the negative logic was multiplied with the economic recession, and immediately began to panic and flee.

If expectations change, good news may not necessarily rise, but bad news will definitely fall.

The decline just now was recovering, and the LME copper market, which was about to turn red, was once again trapped in the suppression of short positions. The shorts poured in and the bulls fled, causing a double blow to the copper price.

Su Yue stood in the London trading room of Bentayga Capital, watching the price trend of LME copper change, and smiled and said, "It's time, Lin Feng, sell it big, drive emotions, suppress prices, and make followers bears and desperate bulls, and at the same time become accomplices forcing Lloyds Bank."

Lin Feng nodded and immediately issued an order.

More than ten seconds later, on the trading market of Lme Copper, a hundred big sell orders and a huge short order of thousands of hands took the initiative to fall downwards and crazily fell.

The market of frightened birds is invading again.

When LME copper fell below $7,900, the technical support was broken, and the short order entry point was highlighted, and hesitant speculators and followers in the market joined the short camp.

At the same time, technical bulls have also cut positions here.

The further intensification of bears and the counterattack of the collapsed bulls caused LME copper to quickly start a plunge mode after losing $7,900.

$7800, $7700, $7600…

As time goes by, none of the bulls' preset defense lines have been held. By around 2:40 pm London time, the price of lme copper has reached the lowest point in the London trading time range, reaching a position of $7,590, and falling by more than $300, which is terrifying.

Lloyds Bank Investment Department.

As the largest long position in the LME copper market, the total losses of all its hedge funds have approached 2 billion pounds.

Wendell looked very ugly when he looked at the lme copper trend with such a plunge.

He knew that the Chinese capital led by Su Yue had a heavy position in LME copper and would definitely cause a big stir, but he did not expect the news to be so big!

In two days, LME copper, the price plummeted by nearly $1,000.

Such a decline has never happened even when the financial crisis was at its worst in 1998. It can be said that it has never happened since the founding of LME copper, this futures product.

A loss of £2 billion...

This is also a considerable pressure on Lloyds Bank. Once the floating losses become a certain fact, Lloyds Bank may not be able to relieve himself for several years.

Wendell looked at the huge loss on the main control computer and felt cold all over.

He underestimated the Chinese capital, underestimated the Su Yue, who defeated Xize in Hong Kong City and became famous in the world's financial industry, misjudged the opponent's strength and fell into a very passive situation.

"Damn it, it's so cruel..."

Wendell cursed with gritted teeth, trembling hands, and called George Bruce: "Mr. George, you Adam Fund, help curb the impact of the shorts on LME copper, and then fall like this... Even if we Lloyds Bank has a huge amount of funds, we can't stand it!"

"The bulls are already collapsing on a large scale and fleeing, letting those surnamed Su continue to kill like this."

"Before the news from Chile came, we were already killed by the Su who was surnamed Su. The position of $7,500 must be held!"

Wendell is really anxious. After all, if you lose money, all funds will reach the forced stop loss line.

George Bruce nodded and said, "No problem, Mr. Wendell, our Adam Foundation has invested in helping to defend the $7,500 position, but at this time the sentiment is fierce and the bears are extremely strong. We Adam Fund alone cannot curb the decline. You still need to seek HSBC and Standard Chartered's two allies."

"I know this," Wendell responded, continuing, "I need time to convince them that before that, please Mr. George."

George Bruce agreed and hung up the phone.

He turned his attention to the price of lme copper that is still falling, and said in a deep voice to the traders: "Buy, buy... At the price of lme copper of 7,500, buy by order, close the decline, and hold this position."

If the $7,500 is effectively broken, it will not only have no support below, but will fall into the abyss.

Moreover, major institutions and hedge funds that hold positions on the market will be forced to stop losses.

This is the stop loss line for large funds and the last line of defense for longs, so no matter what, George Bruce has to help hold this position.

Adam Fund’s massive participation.

The active attack of a large number of long orders consumed the unstoppable short striker. After eating about 7,000 long orders, the decline finally slowed down around $7,500.

Once the short-selling situation slows down, funds from speculative buying will pour in.

So, within a few minutes, the price was raised a little further, bringing the copper price back to around the 7530 price point.

"Xiao Su, the position of $7,500 is not so easy to break. " "Bentayga Capital' London trading room, Lin Feng saw that the decline slowed down and the copper price began to rebound slowly. He frowned and said, "The bulls are in this position and have built a defense line. In addition, the lme copper drop is already large enough today. If it goes down, it will be less motivation."

Su Yue nodded slightly: "According to expectations, this position has fallen by more than 12% since the peak of US$8,500. The stop loss line of large funds and large institutions is just below. In order not to break the position, it would be strange if the bulls do not defend themselves."

"One of the momentum will bring down again, and three out."

"We have driven emotions ahead and broke through many barriers ahead. At this point, the momentum of selling down has been exhausted. Short-term buyers and hot money who followed the trend during the session have a strong impulse to cash in profits. If we go down, it is indeed unlikely to break through the 7,500-point long-term defending line in one go."

"Wait for the market to slow down?" Lin Feng said silent for a moment.

Su Yue nodded and smiled: "Slow down, reserve time for the opponent to raise money and hope for counterattack, and let us take the opportunity to fill in some orders and collect funds, so that we can deal with it better in the future."

"Repair?" Lin Feng was stunned.

Su Yue said 'um' and said: "Although the profit is rich and the margin is sufficient, we hold positions and fall from the same road. After all, it is too heavy. If we do not recycle the front line and wait for the bulls to come up with a way to counterattack strongly when the market has rebound demand, then we will be very passive."

"Not only will the profit drawdown be very large, but it will also fall into a situation of shortage of funds and is unable to respond more at critical moments."

"Boss and short sides are facing each other, just want to fight."

"If you can't defeat your opponent in one go, you can only fight steadily and continue to fight."

"Don't worry, time is on our side. In the short market, as the short side, we will only drag the stronger the more we drag the funds, and the more profits we make, but our opponents..."

"As long as they think about fighting back, it will be a situation that gets deeper and deeper."

"It's just a little bit... They think of us Chinese too stupidly. I hope this time, the London financial trading market will teach them a profound lesson."

Lin Feng pondered for a moment, understood and immediately started to arrange and operate.

Seeing that the traders had dozens of hands and hundreds of hands to fill long positions under the instructions, Su Yue couldn't help but shake his head and said hurriedly: "Small orders are scattered, don't use large orders to prevent them from attracting the attention of the main force in the opponent's trading."

"If the opponent knows that we are taking back on a large scale, lock in profits."

"They will definitely use a large number of short orders to compare consumption while we cover long orders, so as to quickly escape. In that case... we want to continue to lock in our opponent's wishful thinking, but we will fail."

"If it is to make it happen, it is like buying off the market and following the trend of funds."

"In this way, they can continue to stay in the field, wait for the emotions to recover, the market rebounds, and fight with us for life and death."

"Xiao Su, you have to force them to lose their position." Lin Feng said in surprise, "This is so exquisite that George Bruce would never have imagined."

Su Yue sighed: "I'm just in case, George Bruce is difficult to deal with."

"A few major players are trapped in the field and will definitely find a way to save themselves. As Size's senior brother, George Bruce can force the HKMA to that point in the battle in Port City, and will not just retreat and wait for death."

"Our funds are limited, and they are distributed in the stock market, bond market and futures market. The funds are scattered. Once they find an opportunity, they can easily fall into a huge retracement and become in trouble."

"What can they do?" Lin Feng wondered, "After the collapse of Beiyan Bank, the 'sub-loan storm' swept the world, and the entire global trading market was already in a situation of short-selling. If you hold on to the first wave of plunge, you will only usher in a weak rebound with a shrinking volume. It is impossible to completely reverse the situation."
To be continued...