I am a full-time investor with more than ten years of investment experience. Click to follow and you can receive it as soon as possible. My views on market risks and opportunities.
Personal opinion: There is another "big-level" rebound this year. Strategy changes: Clearing the position and bearish in early July, and batch layout was not started until September 19. Starting from October 12, we will look at the general direction, and the view on the general direction remains unchanged at present.
Last night, I just finished preparing for delicious noodles. As a result, today A shares gave me a bowl of clear soup noodles , without meat-free noodles. But this noodles tastes OK and it’s not difficult to swallow. After all, for the short-term trend of A-share market , I have already prepared a pullback response strategy in the past two or three days.
The three A-share markets fell across the board today. After the closing, the Shanghai Composite Index fell slightly by 1.19%, the Shenzhen Component Index fell by 1.43%, and the ChiNext Index fell slightly by 0.86%. The overall performance was relatively weak, but fortunately there was no sharp decline.
I am not surprised by the decline of A-shares today. This trend is in my expectations. After the closing of last Friday, I began to say that the rebound has reached the short-term pressure level in recent days, and there will be a short-term pullback demand, so I have also made corresponding positions reduction actions this week. Although I think it will fall and pull back in the short term, I am still optimistic about the general direction and am optimistic about the large-scale rebound market this time.
. The recent downward pullback may be a good opportunity for me to increase my position again on the right side, so I face it with an optimistic attitude towards today's decline. In terms of capital dynamics, northbound funds and main funds both show net outflows. These two have been in a net outflow for several consecutive days, and the market decline continues to increase net outflows today.
Technical perspective, from the Shanghai Composite Index -day K-line trend chart, the trend has fallen below the 5-day moving average and fallen after closing. This often means that the trend has turned from strong to weak, and for the market position, I am optimistic about a downward pullback. Based on various factors, today's market trend falls below the 5-day moving average, so tomorrow's larger market may experience an accelerated decline, and the decline may be relatively large.
This article is only a personal opinion based on personal experience and analysis of market factors. It does not mean that the market will definitely go like that. Personal opinion is not used as investment advice.