Yesterday, the three major stock indexes ** fell and all closed in the green, continuing the pattern of strong Shanghai and deep weakness, and many indices hit new lows in this round. The turnover of the two markets on the disk was 805.2 billion yuan, which was 3% lower than that of the previous trading day. The sector ** showed a general downward trend, with the banking, home appliances and wine industries leading the gains, while the communications, Internet and electrical equipment sectors led the decline, with the median average increase of the two cities at -328%。More than 4,800 ** closed down, the number of intraday falls and fell by more than 7%** increased significantly, and the panic selling behavior occurred again in the unilateral decline of the stock index at the end of the day. Northbound funds sold a net of 5 throughout the day9.2 billion yuan, of which the Shanghai Stock Connect is a net of 93.6 billion yuan, and the Shenzhen Stock Connect net sold 15$2.8 billion.
From a technical point of view, the main board indexes are synchronized**, and the rhythm of the tearing of large and small cap stock indices has ushered in a correction. The Shanghai and Shenzhen indices are still in the repair cycle after the end of digging pits, and the clear indicator signal corresponds to the repair demand of the stock index that has moved upward, and it is still in the upward stage even if it is adjusted. The double innovation and small and mid-cap stock indexes are among the top decliners, and the pace of this round of indicators is slightly slower, and the end signal of the medium-term pullback confirmation has not yet been clarified. The multi-cycle indicator is seriously oversold, and the trend performance after the continuous decline has a high degree of similarity with the Shanghai Composite Index before the rise. The index of the low stock index fell rapidly, the amplitude of the stock index intensified with the amplitude of the stock index after repeated ups and downs, and the amount of energy was amplified, which is accelerating the clearance of low-level chips and the further repair progress of the ** system. The difference is in the wide range** of the Shanghai Composite Index during the day, while in the small and mid-cap stock index, it takes two or three days to complete a round of ups and downs.
On the whole, the weekend news was warm, but the market gave different answers, and the small and medium-sized market capitalization collectively declined, and the market trading sentiment and money-making efficiency turned sharply. After two points in the market, the market fell across the board, but the northbound contrarian entry scale was nearly 5 billion, and the market fell ** accompanied by panic selling, and the strong divergence after the strong consensus means that the short-term ** will appear. The off-site is mainly disturbed by external events, and biomedicine, new energy vehicles and cloud computing are all likely to be restricted by the US lockdown. Constrained by the lack of quantity and energy, the global ** is not worth looking forward to, but it is also the norm for the same fragmented index ** to complete the resonance repair and rise and fall together, and the demand for rotation ** has not yet been fulfilled, so strategically the stock index fluctuations in the low-level chips clearing stage should be diluted, and it is appropriate to lock in low-priced chips and patiently hold shares and wait for the market to ferment.
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 only as a sharing of ideas, throwing bricks and jade technical exchanges, not as a suggestion for any person to operate.
Thank you all for liking and sharing.