The "Risk Warning" section of the journal aims to describe the risk of long and short positions through the icon of the star flag. It can be used as a reference for investors when dealing with open positions. In practice, investors need to trade according to their own short-term lines. Different strategies and different varieties of fluctuations in the characteristics of a specific grasp. The specific star classification criteria are as follows: ☆ The reverse run range of new-year closing price may be less than 2%. ☆ ☆ The reverse run range of new-year closing price may be greater than 2%. ☆☆ ☆ The price range is reversed from the newer closing. The margin may be greater than 3%. ☆☆☆☆ The reverse run of the period from the newer closing may be greater than 4%. ☆☆☆☆☆ The reverse run of the period from the newer closing may be greater than 5% Risk Warning: Bullish Risk: ☆☆ Short-term risk: ☆ Tip: Eastern: Copper: Affected by the long-term liquidation of the fund, resulting in LME March copper prices fell again yesterday, compared to a closing price of 2783 US dollars / ton, compared with the previous trading day fell 57 US dollars / ton, fluctuations The range is from 2855 to 2767.5 US dollars per ton. The copper price supported by the short-covering market the day before yesterday saw a substantial rebound, but due to the current market's lack of confidence in whether the current fundamentals could support the copper price again after the plunge of more than 300 US dollars in the previous week. Not much interest, but because of the rebound in prices, for the Fund, it is no doubt a long time to leave the market, so that the increase in copper prices. The Chuqicamata Copper Mines Union, a subsidiary of Chile’s state-owned copper company Codelco, said on the 17th that it will end a 10-day strike on the 18th, which also poses a certain pressure on the price of copper, and copper prices are still under downward pressure recently. Yesterday, the domestic Shanghai copper exhibited a low opening and highs, and the trend of intraday volatility. From the positions, we can see that the current domestic traders are doing the January moves to move positions in December. Yesterday, the spot price rebounded slightly to 28,900~29,000 yuan/ton. Aluminium: Due to the impact of lower copper prices, aluminum in LME also fell sharply yesterday. China's Shanghai aluminum market was stronger yesterday. As the 0412 and 0501 contracts experienced three consecutive low limit prices last week, the relative 16,000 price was not too far away from the current production cost of aluminum, and the role of short-term copy and short-covering Shanghai Aluminium made a shock and it surpassed the falling second stop price. Yesterday, the domestic spot price was 16320 ~ 16420 yuan / ton. Ma Hongqing: The housing data showed that the real estate bubble was exploding on Monday, causing investors to worry about the outlook for commodity prices, which led to a sharp drop in copper prices. However, at the same time, it also showed that the pace of interest rate hikes may be higher than expected. Slowly more. So the stock market got a respite. However, the current global capital chain has very big problems. With the soaring prices of basic products, especially the soaring price of crude oil, global capital has flowed to various types of miners, and these traditional industries have been operating for decades or even several years. In the case of a century-old enterprise, risk control is on the front, and the desire of oil-producing countries to invest in other industries is rather low. The result will mean that a large amount of cash flow will flow into these departments but only a small part will flow out. This will inevitably result. With tight funding, a record low interest rate limit the room for further expansion of the subsistence funds. This kind of cash flow tension will quickly shift to M2. The consequence is that the speculative bubble will be mercilessly squeezed, regardless of the real estate market. Stock market. Therefore, what we are currently facing is a very good short-selling opportunity and the funding will be tighter than at any time in the past. The collapse of the crude oil market on Monday was an interpretation of this point. Therefore, investors are advised to put aside empty-handed commodities whose current prices are still at historically high levels. In view of the fact that the kinetic energy of the domestic Shanghai copper long stop loss is still not well released, it is expected that Shanghai CUCU CU will test the suspension price on Tuesday. Investors are advised to sell short above 26500 and consider holding in the long term. Overseas Express: LME Market Report: London, October 18: The London Metal Exchange (LME) copper closed lower on Monday as a result of selling pressure from funds. Traders said that the 15th rally provided a sell-off opportunity for the fund. At present, investors are maintaining a wait-and-see attitude and the market lacks confidence. The benchmark three-month copper price fell below $2,800, a low of $2,767.50 and closed at $2,793.50. The spot/three-month copper premium fell from US$103 on the 15th to US$85. It is expected that the benchmark three-month copper price support will be 2780 USD and 2750 USD, and the upward resistance will be 2850 USD. The union of Chuquicamata Copper Mine of Codelco, a Chilean state copper company, said on the 17th that it will end 10 days of strikes on the morning of the 18th. The strike has little effect on copper prices. The benchmark three-month nickel price fell by 4%, and the downward support is expected to be 13,000 US dollars. The LME 18-day inventory report showed that on the 15th, tin inventory fell by 440 tons to 4,370 tons. COMEX copper market report: New York, October 18 news: Under the pressure of long-term liquidation, the New York Mercantile Exchange (COMEX) copper closed lower on Monday. December copper fell 2.50 cents to 128.40 cents. It was 127 cents lower and 131.25 cents higher throughout the day. Traders said that the last cycle of copper prices oscillated sharply. After hitting a 15-year high on October 8, they immediately fell by 16 cents on the 13th and set a larger single-day decline in recent years. On the 15th, they appeared again. A slight rebound. It is expected that the market will still face long-term liquidation selling pressure before and after the release of major economic data in the United States this week. Analysts said that inventories are still declining, while China’s demand still supports prices, so the sharp decline last week is not due to fundamental reasons. The union of Chuquicamata Copper Mine of Codelco, a Chilean state copper company, said on the 17th that it will end 10 days of strikes on the morning of the 18th. The strike has little effect on copper prices. December copper futures are expected to support 127 cents and 124.80 cents lower, with upward resistance at 131.40 cents. On the 18th, LME copper stocks fell by 350 metric tons to 8,725 metric tons. On the 15th, COMEX copper stocks increased by 159 short tons to 45,518 short tons.