Today, market continued yesterday's decline. The markets of the two markets opened low and closed low, and there was basically no decent rebound during the session. The Shanghai Stock Exchange fell all the way, falling below the previous low of 2934 points, and the lowest fell back around 2900 points, and finally closed with a big drop. On the market, stocks of the two markets generally fell, nearly 100 stocks hit the limit, and nearly 1,500 stocks fell by more than 5%, but less than 30 stocks hit the limit, and ChiNext fell by more than 3%, and the trend was weaker than the main board.
Looking back at the article on September 30, I clearly said this passage: "After my repeated analysis and calculation, I still need to make repeated troubles after the holiday! What is the main reason? That is Kweichow Moutai ! Old stock investors all know that any market digging ends with Moutai digging to the end, and set off a wave of main upward trend! And Moutai is still protecting the market in . The truly benign market does not need to be protected, and the more we protect, the worse it will be! When the stock market crash in 2015, what is the result of the national team establishing Huijin Company to rescue the market? It was just a pullback, and it was even more violent later!" The current market conditions proved my analysis at that time. Although I optimistically predict that there will be some mistakes on the 17th, there is no problem with the general direction. Even if the market tempted to be more than 3288 points twice before, I said it was firmly bearish, and it was very correct!
On October 26th, the market was tempted to more than 3000 points, and I once again made it clear that it was less than 2903! If you get out above 3000 points, leave 100 shares for T. Will it be nice to pick it up at 2903 points next Monday? If you think you are powerful, then stick to the end. Anyway, the market rebounds at the next four or five hundred points, I think it's OK if you hold this concept.
How to move the market next? My opinion is two words: look at it for a long time! Four words: Be firmly bullish! Now the market is 2915 points, and this wave of plunge has made the leeks look desperate. It is just this time that the real time for to buy at the bottom, but leeks are afraid of losing money and dare not enter this position. The national team has basically completed the wash-up. Next Monday, the beautiful V-shaped reversal will open a 5-way market (also called failure 3-way). This wave of market is a very powerful surge, which is a market where fools make money. Those who understand technology will buy at the bottom, and only leeks are cutting their losses. Many people say that technology is useless, because you don’t have technology. If you really understand the essence of the stock market, you won’t say that technology is useless! Some people may say that the low level has reached 2908 today, so it should be the end, right? My answer: "NO! It must be 2903 points to the end"! Why is this happening, we will see you next Monday! Next Monday, the market may open high and rise, and then start the last wave of selling drops . After stopping the decline near 2903, it will quickly pull up. The surge in Monday afternoon is very fierce. At that time, all investors will enjoy the pleasure of the surge together. Long-term drought will bring sweet rain! I will write another article after the big Vs are pulled up on Monday. If I think my analysis is good, I will like it and give you encouragement! Ha ha. . . Thanks! Everyone!
