Chapter seven hundred and eighty seventh decisive battle of crude oil futures (nineteen)
The time-sharing volume continues to soar and reaches a new high.
The main institutions of the bulls' departments, under the joint action, hundreds of millions of margin orders, smashed into the market, swept the shorts ahead to pay, crossed the price of US$139 and rushed to the last short price defense line of US$140.
When we meet on a narrow road, the brave will win.
At this time, if you break through $140, you will have a high probability of defeating the main bears.
The main bulls are well aware of this, so... even if there are billions of short sellers or even tens of billions of dollars in advance, they must, in a very short time, take advantage of the lack of sentiment on the market, and many short-term speculative funds are still looking forward to the future market, lightning will defeat the short defense line of $140.
The debate in the Senate is an uncertain market factor for bulls.
Having experienced failure in the decisive battle of the pound, they would never allow the main shorts to wait for the outbreak of this uncertain market factor, thereby regaining the disadvantage.
Victory is ahead. If the effort fails at this time, everyone will feel unwilling.
"Buy, buy, the main buy order will be fully up..."
"All the surplus funds are invested in, and I will put the position to the top level of the fund's position."
"Don't hesitate, regardless of capital costs, attack the $140 mark with all your might."
"Quick... Knock off the 139.50 price point ahead and hit $140."
"Don't hesitate, buy the orders at 20,000 yuan directly at the market price, and pay the orders at the 20 short positions that appear in front of you."
The order for large-scale buying sounded in the internal trading rooms of all long-term main institutions. Every fund manager and trader saw the crude oil price quickly advancing towards $140, and his face was full of extreme excitement and excitement.
$139.50, $139.60, $139.70…
The bulls' pace has never stopped. With extremely strong attack strength and huge capital investment, they have fully compressed the main defense line of the bears in a short period of time.
Seeing $140, it's right in front of you.
Su Yue stared at the market, took a deep breath, bit his lip, and said sternly: "The market price sells, and tens of thousands of hands are frequently released, so that the bearish arrogance will be completely defeated."
"Aren't it just a matter of fighting for funds?"
Su Yue sneered and continued: "At this price, any funds available in the fund account, you can compete with them to the end."
After the initial price surge.
At this moment, oil prices are moving slowly, and the losses in various departments' positions are no longer rapidly amplified. However... As the investment funds become larger and larger, the funds consumed by the account are getting faster and faster. The investment accounts of their positions are still rapidly decreasing, and their position risks are continuously increasing.
However, under Su Yue's instructions, no one could take care of so much at this moment.
The vest is soaked with sweat. A heart has long been raised to the throat. The main fund managers and traders in various departments who are focused on the market, and when they hear Su Yue's instructions, they subconsciously execute them.
A standard wti crude oil futures contract with a market price requires a margin of US$7,000.
Ten thousand hands, or 70 million US dollars.
20 seconds after the Su Yue order was issued, the New York branch and three trading groups made a market price sell order of 30,000 yuan amid Chen Yuhe's roar.
The state-owned assets department led by Nie Yuanzheng, the Port City branch of the "Bentayga Capital", the Barclays Investment Bank, and the two major investment centers of China Petroleum and Petrochemical... were all followed closely, and within half a minute, a total of 80,000 short orders were posted.
Within one minute, a total of 110,000 short orders were sold at a huge market price.
It destroyed the one-way storm over the bulls, and in an instant, it dropped the oil price below $139.
"Take the opportunity to place an order to consolidate, and place an order to consolidate!"
The price came back with lightning, and fund managers from various departments did not wait for Su Yue's new instructions to quickly direct traders to place orders to consolidate the results of the counterattack.
And at this moment...
The medium and small institutions in mainland China and Hong Kong and other places that followed the trend finally reacted and quickly increased their positions to help the main shorts stick to hold on.
Retail investors in the context of Chinese capital.
Those with ability will also quickly follow the position and attack the bulls' reactions, and will have a more fierce offensive.
The outbreak of funds on the wti crude oil futures market is moving at hundreds of millions of dollars per minute, and global capital and investors' eyes are gathered here.
"The bears have such a strong counterattack power. This time-sharing capacity is so great that it is endless."
"I can't get through it, I guess I can't get through the $140 mark."
"It's normal that it can't get over it. With the support of positive factors, the price has soared by $10, and the increase is already very large. It's really difficult to make a rapid breakthrough."
"The bulls can't stop. Once they stop, the pressure of $140 will become stronger and stronger."
"No matter whether I can go through it or not, I will withdraw first. It was originally a short-term speculation. I have already been satisfied with the profit of $5. The subsequent risks should not be greedy."
"Indeed, the short-term increase is too large, so don't make too much profit on the market."
"Even if it is going to rise, it will likely fluctuate for a long time at the severe pressure of US$140. If you have profits in your hands, it is better to come out first."
"It can be seen that the time-sharing volume can be amplified to this point, and it cannot pass the $140 mark. Today, there will definitely be a pullback. I will also choose to appear and wait and see."
"It's not just technical, but the short-term increase is too large, so it's not easy to break through again."
"On the news, the Senate's debate on curbing speculation in crude oil futures markets is also very likely to create negative impacts on the market."
"Yes, if you have all the positive news, it is likely to turn into negative news."
"Do you still remember the morning? Non-agricultural data are good, and I rushed in, but in the end, not only did I make no money, but I also lost a lot, which was simply."
"Before Saudi Arabia's speech, I had no time to catch up and keep up with the market trend."
"But I don't want to let me go long at this position at this moment."
"$140, up to the historical high of $144, which was set in the previous period, which was only $4. Domestic people complained that it was so loud. If the oil price wants to hit a new high, it will probably be even more difficult to go as far as it goes. Considering comprehensively, the risk of going long here is much greater than short selling!"
"Brent crude oil futures have fallen rapidly after hitting $138."
"At this moment, it has fallen back to $136.8. WTI crude oil futures have a strong correlation with it. It is difficult to be optimistic about it at this time."
The main short sellers attacked in full and sold orders at a market price of more than 100,000 yuan, instantly knocked down the arrogant arrogance of the main longs, forcibly guiding the market trend toward the volatile situation. After the transformation, the expected wind direction of the position in the market began to change suddenly, and no longer hoped that the main longs could break through the $140 mark in one fell swoop and push the oil price to a historical high in one go.
In the midst of this expected mutation.
The subsequent long and short positions were stalemate, and the expectation of fluctuation and decline began to occupy the mainstream.
Even investors who are firmly bullish in the market, after seeing the continuous and extremely huge time-sharing capacity, do not think that the main bulls can overcome the $140 mark in a very short period of time. Instead, they believe that the main bulls should make more fluctuations here, consume profit-making markets, re-establish the platform, consolidate their advantages, and then make a breakthrough.
"Finally suppressed!"
In the New York branch of Bentayga Capital, Wu Heng wiped the sweat from his palms and stared at the market. He finally breathed a sigh of relief. His heart slowly fell down: "Manager Chen, short-term profit trading has begun to give up. The long-term sentiment that has skyrocketed among the positive news is receding. We should be able to keep the 140 US dollar defense line."
"Don't be careless." Chen Yuhe's eyes were bright and she stared at the crude oil futures market in abrupt manner. "It's just a short kick, and the bulls couldn't give up."
"The price at this time is too close to $140."
"The stalemate here is extremely dangerous for us. Once there is any abnormal movement on the news, we will be in a panic."
Thinking of this, Chen Yuhe hurried to the other end, Su Yue from the Port City Trading Center said: "Chairman, the profit-taking is taking off. I suggest opening up another defensive space. The oil price must be kept away from US$140 so that we have enough room for reaction and will not be in extreme passive all the time."
Su Yue agreed very much and replied: "You are right, just one step short of the first shot, and the bulls will not give up."
"I guess... they will start from the news and give us another fatal blow before the market sentiment completely cools down."
"We cannot stay on the life-and-death defense line of $140, take advantage of the profit-taking and attack... with all our strength!"
Su Yue's words spread throughout the trading room and quickly spread to the main agencies of various departments and other small and medium-sized institutions that followed the trend through instant messaging.
The next moment, with his words.
The main institutions of each department and small and medium-sized followers responded quickly.
Chapter completed!