Yesterday, the three major stock indexes continued to close in the red, and the structure of the mixed ups and downs is more in line with the characteristics of bottoming. The turnover of the two markets on the disk was 636.8 billion yuan, which was 4% larger than the previous trading day. The telecommunications operation, agriculture, forestry, animal husbandry and fishery and petroleum industries led the gains, while the Internet, water and daily chemical sectors led the decline, and the median average increase of the two cities was 073%。After Tuesday's general decline, the market ushered in a divergence. The amount of energy is sluggish and the divergence has weakened, although there is **, but it has not rewritten the current weak ** situation. The New Year's Day holiday is approaching, and the problem of tight funds and light trading atmosphere needs to be improved after the holiday. Northbound funds were net **56 throughout the day7.8 billion yuan, of which the Shanghai Stock Connect net **372.4 billion yuan, Shenzhen Stock Connect net **195.4 billion yuan.
From a technical point of view, the main board indices slightly maintained a horizontal rhythm, and the system further downward tended to be glued. The daily indicator of the CSI index is in the construction stage of bottom divergence, and the repair of the upward resonance catalysis of the multi-cycle multi-indicator upward movement has not yet ended, and the cycle transmission from small to large is about to confirm the formation of the bottom structure on the left side of the Shanghai and Shenzhen index. Among them, the CSI 300 index confirmed the composite bottom signal, and the repair** is expected to continue beyond New Year's Day. In view of the lack of market volume, it is difficult to boost the rise of large and small cap stock indexes at the same time.
On the whole, the end of '23 is about to make a smooth transition, and the lower index position leaves plenty of room for next year. The main line of on-site shrinkage is unclear, and the sentiment of foreign capital return trading has picked up, but it is not enough to improve the current weak state. The over-the-counter approach to the holiday, and the problem of tight funds will also lead to a narrowing of the volatility of the stock index and a lack of trading opportunities. At the indicator level, it is in the stage of establishing a bottom structure, and the stock index moves sideways to confirm the bottom through time for space. The Shanghai Stock Exchange has full potential for risk release at 2,900 points, and it is more suitable to maintain an active strategy and medium-term ** holdings.
Disclaimer: The strategies and cases mentioned in the article are all excavated after my review and thinking about the market, without any subjective tendency, written out only as a sharing of ideas, throwing bricks and leading technical exchanges, not as a suggestion for any person to operate.
Thank you all for liking and sharing.