This can be expressed in one word: slope.
Seeing that the price continued to plummet by 7.72 to 3116.26 within a few minutes, Trader No. 1 was no longer looking at the big screen, but at Chen Pingan.
Yesterday, he started from 3107 and pushed it all the way to above 3114.
As a result, both bulls and bears made money.
He was looking forward to Chen Ping'an continuing to give instructions.
but none!
Chen Pingan remained silent.
Edwards remembered very clearly the two positions that Chen Pingan mentioned, one was 3092 and the other was 2488.
The latter is still far away, but the former is very close.
Intraday fluctuations within 3 points are considered quite intense, but they are also very common.
Everyone knows that Teacher Chen has made money again!
But there was no expression on his face.
3115, 3114, 3113, and it quickly fell all the way down.
At this moment, Chen Pingan was thinking of only one thing: assuming the other party already knew that he had closed his position in the morning, what would he do now?
3098, 3094, 3090!
There are almost no long positions left.
Edwards couldn't help but look at Chen Pingan.
Chen Pingan still didn't speak, but his expression became visibly gloomier.
This also makes everyone a little worried.
"On the 4th, 5th, and 6th, go short. Leave 1 million in the account and put all the rest into shorting.
Let me know when the funds run out.
Keep dropping the price as long as you can get a deal done."
crazy!
The visible holding volume is now about to reach 8, the price is still falling, and the transaction orders are getting smaller and smaller.
There are very few transactions of more than 10 lots.
Chen Pingan didn't say anything else. Traders No. 4, No. 5 and No. 6 could only keep placing orders, one fluctuation point at a time, and each order was for at least 10 lots.
The intraday white line is getting farther and farther away from the moving average, with no sign of regression at all.
When the point fell to 3072, Chen Pingan spoke.
"Numbers 4, 5, and 6, stop!"
The index began to fluctuate between 3071 and 3072, and the space of 5 fluctuation points lasted for less than 5 minutes, and the index began to rebound slightly.
Then it began to rise to 3080.
Seeing that the number of long orders and short orders began to increase, Chen Ping said coldly: "Numbers 4, 5, and 6, keep smashing!"
“Control your speed. Once it reaches 3080, smash it down. Use small orders, no more than 5 lots!”
Chen Pingan's eyes did not leave the big screen while he was speaking. He knew very well what he was doing.
Even if someone tried to persuade me now, it would be useless.
As the index began to fluctuate, with a fluctuation of only 10 points, trading volume began to soar wildly.
There is no other reason, it is just because people feel that the decline has stopped, speculators start to go long, and there are even orders of 7 lots, and the transactions are completed very quickly.
"Maintain this oscillation range!" Chen Pingan's statement was both a request and an explanation, allowing everyone to understand what he was going to do now.
Although I understand what to do, why should I do it?
Is it to create the intention of some powerful funds to short sell, or is it really to further suppress the index and short sell in the future market?
But why this range?
"Don't move or close the short position in front!"
Chen Pingan continued, his eyes still fixed on the scrolling data of the minute-by-minute transaction details.
At this moment he didn't dare to be distracted at all.
The volatility of the index began to change, with the lows getting lower and lower, reaching a low of 3066.92, but the highs were no higher than 3079.98.
Several traders did a very good job. They simply ignored the short and long orders below and continued to short as long as the index went up. Large orders often blocked the 3080 level.
Three accounts, with a total capital of nearly 10 billion, were stuck at the 3080 position and were placing short orders frantically.
The effect is still very obvious.
The key is that the order is large enough, which scares retail investors into short selling. After the order reaches a low point, they close their positions, make a profit and run away.
There are too many orders of 1 hand, 1 hand, 2 hands, and 1 hand, and the speed is extremely fast.
Chen Ping'an still stared at the screen expressionlessly, without saying a word.
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