Today, the stock market had a state of rising and falling in the morning. It was a red market for a while, but it soon turned into a green market again, hovering back and forth between these two states. It can be said that in the morning, the fluctuations of A shares began to intensify significantly.
However, it is worth noting that just now, the stock market is not simple?
The first signal is very interesting. Although the three major A-share indexes rose and fell in the morning, when the decline was down, the decline could only be considered a slight decline. However, the situation in the market was a bit bad. Why?
Because, as of the time of publication of , the number of stocks that fell in the Shanghai Composite Index was as high as 1,575, the number of stocks that rose was only more than 500, and the number of stocks that fell in the GEM also reached more than 900, and the number of stocks that rose was only more than 200.
deep composite index is also similar.
That is to say, when the index declines are not large during the session, stock is in a general decline. Therefore, today, the overall short atmosphere in the Shanghai and Shenzhen stock markets is still relatively strong. Even if the index turns red, most of the stocks are falling.
Moreover, the overall hot spot atmosphere is very weak. In the early trading, there were less than 40 sectors that rose, while the number of sectors that fell was as high as more than 400. Therefore, the Shanghai and Shenzhen stock markets just now were really unsatisfactory.
The second signal , the securities sector is still in a downward trend. After closing a large negative line on the last trading day, it is basically difficult to continue to rise and can only get out of the inertial downward trend. Therefore, the securities sector trend is very weak.
, but the banking sector index has indeed experienced a wave of protecting the market just now, but it is just a slightly higher market. The overall willingness to protect the market is not strong, so this limits the bullish atmosphere in the stock market in the short term.
The third signal . After two consecutive trading days of sharp drops, although the decline of the Shanghai Composite Index did begin to slow down in the early trading today, it is still on the sideways and below the dense chip area.
In other words, the overall pressure faced by the Shanghai Composite Index is quite large. Moreover, the above moving average is so dense, which means that the power of floating loss chips is very strong. In the case of insufficient transaction volume, how to break through the above chip dense area?
Therefore, it is unlikely that the stock market will recover lost ground in the short term.
is based on the sudden signal just now. The author believes that the stock market is not simple. So, what will happen to the Shanghai and Shenzhen stock markets next?
In fact, in my opinion, at present, the three major A-share indexes have basically established a channel to form a decline. The Shanghai Composite Index has broken the bottom of the sideways on the previous trading day. If it cannot retrace the sideways market today, it will be basically very dangerous. If
is just a fake move, generally speaking, it will usually return to the sideways range on the second trading day. However, the current decline of the Shanghai Composite Index is somewhat direct, so this wave of decline is likely to be a real move. Since
is a market that breaks down, the trend will change, from the previous sideways to the current decline.
and GEM index 's downward trend is more direct. Judging from the html January line chart, it is obviously aimed at the 60-month support line below. Therefore, the author believes that the GEM still has a downward trend.
However, the decline in the ChiNext may be limited in space.
Because the monthly line of the GEM is 2250 points, which is not far from the current GEM. Even if the GEM index falls below this point, it will inevitably form a weekly chart, a daily chart, and a multi-level divergence on the hourly chart.
So, the author believes that the first bottom of the ChiNext Index is likely to be near the 60-month line.
Judging from the market situation today, there has been a wave of rising markets in attractions, tourism, hotels, catering, and automobiles, which may be related to the coming of the holiday, while concepts such as cloud gaming and network security have fallen relatively high.
Overall, after a wave of decline, the overall hot atmosphere of A-shares is still weak, and the bulls are not strong, and they are still mainly focused on controlling risks. Therefore, we need to wait and see more in the short term.
