The market has continued to rebound in the past two months, leaving many people under the haze of the sharp decline in the previous five months. Many people have taken the right stocks to recoup their capital. Especially in the past two weeks, more and more voices have emerged sa

In the past two months, , the market has continued to rebound, leaving many people in the dark of the sharp decline in the previous five months. Many people have taken the right stocks to recoup their capital. Especially in the past two weeks, more and more voices have emerged saying that the bull market is back. The market has gone through an adjustment for about a week last week. Now everyone's question is, is this just an adjustment in the bull market?

Although last Friday was July 1st, tomorrow will officially be the trading day for the second half of the year. Today, let’s analyze the recent market and make some predictions about the trend in the second half of the year.

Let’s look at the daily line first. From the K-line trend over the last five days, the Shanghai Composite Index first rose and then fell and basically traded sideways, while the ChiNext Index basically reached a high point on Monday, with a slight downward trend. Looking at the weekly line again, it is more obvious that the Shanghai Composite Index is still a continuous weekly positive line, while GEM has the first weekly negative line after this strong rebound. The capital flow and hot spot conversion in the two cities are obvious on the K line. The leading sectors of GEM should pay special attention to risks.

Finally, look at the monthly line . Both the Shanghai Composite Index and the GEM Index encountered strong resistance on the monthly line and began to adjust. Is the bull market back, or is the rebound over? The most critical thing is not whether we want him to continue to rebound or reverse to pick up others, but whether the technical indicators can break through this quantitative change to a qualitative change. At present, I still judge that the rebound is not a reversal. Unless the market outlook successfully breaks through the monthly resistance, then I will follow the trend.

How will the market go next? It is recommended to avoid concepts and sectors that have experienced excessive gains during the rebound, such as the automotive sector, auto parts, wind power, photovoltaics , and lithium batteries. When laying out sectors that have fully consolidated after pulling high, or sectors that have just shown an upward trend after consolidating at low levels, generally speaking, it is still necessary to lay out sectors with stable growth, and there will be opportunities for performance in the second half of the year. The fund sector has been fully adjusted in the past month, and everything related to large consumption, whether it is agriculture, forestry, animal husbandry, fishery, food and beverages, tourism, hotels, culture and entertainment, are all ready to move. The stable growth sector of

is what I have been emphasizing since January. New energy has also been warning of risks since December. Being able to stick to your own point of view in an ever-changing and volatile market is the most valuable quality in investing. Although some opportunities may be missed in the short term, not every opportunity in the market needs to be grasped, and not every opportunity can be grasped. An excellent hunter does not chase various animals in the forest every day. In the end, he may be exhausted but gain nothing. The best hunters "wait for the rabbit" and then attack accurately. The most undesirable thing is to lose watermelon and pick up sesame . When you see a rise, you chase it, and then you beat your chest when the stock you hold rises. Confidence, persistence, patience and waiting are easy to say, but the most difficult thing is to actually do it.