Is there any suspense about breaking the new low?No suspense!Angkor is not an afterthought, in the case that many people have seen the bottom rebound after yesterday's **, Angkor pointed out very clearly in the evening comments that many factors do not support the judgment of **bottoming!
Therefore, it is not surprising that the Shanghai Composite Index has reached a new low today!
It's just that today's 2900 points is not the end of this round of adjustment!The suspense now is obviously not when the Shanghai Composite Index will break through 2900, but whether it will be able to stop falling at 2885 or further break through 2863 after falling below 2900
But whether it's 2885 or 2863, there is a definite chance of a game!
Therefore, Angkor arguesTomorrow may be a long and short showdown, and under 2900, there should not be panic, but should be greedy, the more you fall, the more you buy, let's welcome a New Year's Eve together
Simply do a review of **!
Today's break of the Shanghai Composite Index can be described as a thousand miles, and unlike the rise at the end of tomorrow, today's all-day **decline is almost not too obvious**!
However, 2900 points is an important reference for sentiment, breaking 2900 points, back to 2885, it is back to more than a year ago, it is obvious that we can compare the fundamentals of October last year and the current one, there should be a fundamental difference.
So, back to 2885 points, it's just a matter of the emotional side, and it has nothing to do with the fundamentals!
Judging from the weekly line of the Shanghai Stock Exchange, the 2863-2885 area is an important support, and Angkor believes that it is not very likely to penetrate here, and there are obvious opportunities for gambling in this area.
And the ideal scenario isTomorrow the low open directly broke 2900 points, and then there was a strong kill, intraday to 2885, causing a wave of panic, the turnover appeared significantly amplified, and then endogenous factors (panic flight and the entry of funds) and external factors (U.S. stocks continued to rise and GJD's entry support) resonance, ** appeared V-shaped reversal!
Here are a few conditions::
a. The trading volume should be significantly enlarged, and it is best to panic, so it is possible that the intraday low will reach 2863
b. GJD If there are still bullets, you shouldn't sit idly by!
a. The Shanghai Composite Index has rewritten the new low set yesterday, and the current record is 2902 points!
b. Shenzhen Component Index, rewriting yesterday's intraday low, the current record is at 9158!
c. The GEM refers to the low point of this round of adjustment, that is, 180236, about to break 1800!
d, Kechuang 50, I have always said that Kechuang 50 is more tenacious, and I can't stop it today, and I hit 835 directly31！
e, CSI 300, today a new low, that is, 329737！A four-year low!
f. Although the SSE 50 did not hit a new low today, from the low point, it is already a 7-year low!
Judging from the above figures, this round of ** has gone extremely miserably, and it is no longer a fundamental problem, it is completely an emotional catharsis!
At present, only a few indices such as the CSI 1000 have not broken through the year's lows!However, today the CSI 1000 fell 174%, which is an obvious catch-up!
As of the end of **, the turnover of A-shares was 663.6 billion, an increase of 20.9 billion from yesterday, but it was generally at a significantly low level, so it was impossible to stop the decline lightly.
The total net selling of northbound funds was 154.3 billion yuan, of which 14.1 billion yuan, Shenzhen Stock Connect net selling 140.2 billion yuan. The turnover of northbound funds is 8944.9 billion yuan, accounting for 13 percent of the total turnover of A shares48%, trading activity increased by 157%。
Judging from the northward direction, it is still flowing out, so there is no sign of stopping the decline at present.
Yesterday big tech led the way, and today big tech fell significantly!
Multimodal AI and Ascend's ** are beyond expectations, and it cannot be ruled out that they have been brought down.
The decline in the media-related sectors is larger, mainly due to the obvious increase in the early stage, and it is normal for adjustments to occur.
1. Maintain the recommendation of overweight U.S. stocks!
2. There is an obvious game opportunity in A-shares, but expectations need to be lowered!
3. The allocation proportion of Hong Kong stocks can also be reduced!
Tomorrow, maybe A-shares will usher in a long-short showdown, let's prepare together!
The above is for reference!Analysis