In today's China**, a thrilling gap** curve cut through the quiet trading day, and the stock index fell to 2,930 points in one fell swoop, leaving market participants jaw-dropping.
This anomalous volatility has sparked widespread speculation: Has it bottomed out?
In this time, the real estate-related industry chain suddenly encountered a waterloo, which led to the further development of the banking and insurance sectors, and the weight index CSI 300 and SSE 50 also hit new lows in the process.
The lowest point of the market once reached 2930 points, and according to the double bottom theory in technical analysis, coupled with the reference to the double bottom pattern formed by 998 points and 1000 points in 2006, and 2449 points and 2440 points in 2019, we can find that the current position may be very close to the historical low, only about 10 points away.
Therefore, when ** unexpectedly probed to 2930 points again today, this may just be a cover for the decline of the real estate industry chain, which made the stock index fall back to around 2930 points, and then built a double bottom pattern. Now that 2930 has fallen, there is no reason to be overly optimistic or panicked. On the whole, there is a great possibility of a double bottom at 2930. ##