This week, A-shares **again**, falling for 4 consecutive weeks, sparked widespread discussion in the market. However, when reviewing the trend of A-shares**, we will find that the market has been in a state of ** since August 4, and it is showing signs of weakness**. At present, ** is close to the low of October 23 at 2923, which is considered by some analysts to be the beginning of a double bottom pattern. However, we need to note that the market as a whole has always been pessimistic about the bullish voice and positive for the bearish view. In such a market context, we need to analyze the trend of the next week.
When looking at the weekly trend of A-shares**, we found the following important technical indicators. First of all, the 20-week** continued downward movement indicates that the market is in a phase of weak adjustment. Secondly, the weekly KDJ indicator showed a downward trend of dead fork, and the green column of the weekly MACD indicator gradually expanded. Changes in these indicators indicate that the market is not moving in a positive direction. In addition, the weekly trend also shows a pattern of a large arc top and a small arc top, both of which are accompanied by repeated **, indicating the possibility of a market break. It should be emphasized that the current weekly trend determines the daily trend of **, therefore, we cannot ignore the influence of the weekly chart.
From a technical analysis point of view, we don't think the next week's trend is bad, but it's not optimistic either. First of all, on a weekly basis, if the gap below can be effectively filled, i.e., 2863 points, then the pattern of the medium-term correction will be further confirmed, and the short-term support level below will be the 20-week ** position of 2836 points. It should be noted that the current trend shows the inactivity of the main funds, which will limit the magnitude of **. Secondly, next week will encounter short-term support in the 2880-2900 area, in addition, if the market can touch the 2863 level near the gap, it will also trigger. However, we need to note that if the main funds next week choose to support the market through the futures index, it will break our judgment on the expectation of filling the gap**. Therefore, we need to pay close attention to the flow of funds in the market and whether it can stabilize the key position.
In addition to the analysis of technical indicators, we also need to consider the impact of the trend of the weighted stocks on the trend of **. At the moment, the trend of heavyweights is worrying, which will be a key factor in the market next week. Next week will be a critical time period to test whether the market is entering the medium term** or ushering in the end of the year*** According to the current trend, I prefer that the remaining two trading weeks at the end of the year will usher in the ** trend. However, we need to note that the bottoming process has been delayed, and the next time period will be a critical period for verifying the small arc top. Therefore, we need to pay attention to the possibility of encountering key support levels next week.
In summary, the situation is not too bad for the ** trend at the end of the year, but it is not optimistic either. The market is approaching some important support levels, such as 2880-2900, near the 2863 gap, and 2836 for the 20-week period**. As long as the market can stabilize these key positions, there is a chance that it will emerge. However, we need to pay close attention to the flow of major funds and the impact of the trend of heavyweights on the market. It should be pointed out that there are risks and investment should be cautious.
The above views and analysis are personal and for reference only and do not constitute investment advice. Personal level is limited, welcome all masters to give more advice.