The two markets bottomed out and rebounded last week, and have continued to rebound recently. Although there was a positive news over the weekend, the market did not continue to rise sharply. The recent rise is just a technical rebound after the decline, not a new round of market conditions.
's recent rebound is expected. After all, it has fallen for more than ten days, and there has also been a three-stage decline on the daily line. In theory, there should be a rebound. The positive news of "XX consultation" over the weekend was that the Federal Reserve would continue to let go. However, today the Shanghai Composite Index rose and fell back and rose by 1.15%, while the ChiNext Index closed the cross star and rose only 0.75%. It can be said that there was no big increase that many people expected. The news side can only form short-term stimulus, and the fundamentals of the future market economy are the core driving factors. It is obvious that the turning point of the global economy has arrived, and it will inevitably enter a new downward cycle since the financial crisis in 2008, so the stock market will naturally experience a long-term sharp decline.
weighted stocks performed well in the past two days, Shanghai Composite 50 Index broke through the September high, and the Shanghai Composite Index also approached its September high. However, this index market is obviously of little significance. From the perspective of the Shanghai Composite Index, the recent b-wave rebound since the high of 3042, may form a double head with the help of positive factors, which is the "Youth Top 2" mentioned earlier. It is hard to say whether the rebound is over at the moment. It is possible that the market will continue to rise in the future, but it is expected that it will be difficult to effectively break through 3042 points, so you need to pay attention to the risk of double heads.
From the perspective of the ChiNext, after the sharp rise on the 10th, it has shown a decline. Previously, the ChiNext Index formed a triangular consolidation platform. Now that the ChiNext Index rebounded to this area, it is obviously facing obvious resistance. Regardless of whether it can continue to rise in the short term, the rebound is likely to end here.
From the perspective of US stocks, the S&P index previously experienced a 3-wave decline and recently formed a 3-wave rebound. It can be said that the structure is very clear, just a b-wave rebound. Last Friday, the S&P index surged and fell, under pressure from the previous upper track of the platform, and the rebound was more likely to end (and perhaps the last rush). If the market is in the future, you can focus on the lower track and the 3-day low point will break, and the rebound will be over. The top will be completed.
's recent rebound is expected. At present, the rebound may have been basically in place, and the nature of the future will not change even if it continues to rise. The global economy is over, and it is only a matter of time before the stock market collapses. What should come will always come. The medium- and long-term views remain unchanged, and the short-term market uncertainty is high. You can decide how to do it depending on your own situation.
