I am a full-time investor with more than ten years of investment experience. Click to follow and you can receive my views on risks and opportunities as soon as possible.
Yesterday, it was another "Black Friday". A shares three market collectively fell sharply, and many sectors also fell sharply, and new energy-related sectors fell sharply across the board. Don’t say you are not panicked, I’m a little panicked. I had a meal of the most difficult meal ever to swallow last night. I kept reflecting on the problem later.
Did the big rebound I expected disappear? I reflected before going to bed last night, and after falling asleep, I was still reflecting in my dreams. The first thing I did when I woke up was to pick up my phone to see the market trend chart. The more I looked, the more I saw it. That's right, the big rebound I expected is still there, and yesterday's big drop does not mean that the rebound market is over.
First of all, from a larger perspective, the three markets are now at a very low position, and the overall market valuation is already very low. In the short term, after a brief rebound in the previous market, the market trend continued to fall and pullback, but now it has already pulled back to the low point before the previous rebound.
Secondly, the most important point is that the market sentiment was not high before, but since the recent small rebound started, the market sentiment has recovered. Although it has continued to decline recently, the market sentiment is still steadily improving.
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.