The strong support for the Shanghai Composite Index is at the 20-year** position. In 2013, the first half of 2014, and the beginning of 2019, the Shanghai Composite Index all turned to ** after reaching 20 years.
20 years** is calculated in years**, which is the most macroscopic** at present**, so it is the most difficult to falsify ** of all**.
Last year, the Shanghai Composite Index reached 2,863 and 2,885 points respectively, which seems to have fallen significantly, but it has not touched 20 years**. Judging from the historical trend, it is actually a performance that has not fallen through and has not fallen into place.
Now the 20 years of the Shanghai Composite Index are in2837.78。On December 8, the Shanghai Composite Index closed at 296956 points, only 132 points away from 20 years**, it can be seen that the probability of the Shanghai Composite Index falling to 20 years** is gradually increasing.
The Shanghai Composite Index fell to around 2837 in 20 years, breaking last year's low of 2863 points, changing the upward trend in the eyes of technologists, which can trigger enough panic to cut meat and complete the demand for market reshuffle.
Of course, the Shanghai Composite Index may not exactly stop falling at 2837 points, and in order to create enough panic effect, I think it is more likely that the Shanghai Composite Index will fall below 2800 in the future and bottom out around 2790.
Personal opinions, not as a basis for trading. Accordingly, you are responsible for your own transactions. ）