The current market is in the ** stage, and the specific ** height does not need to be overly concerned for the time being. It is worth noting that there is no fall limit in the two cities today, but more than 100 companies have risen to the limit, including nearly 20 companies that have risen by 20%, indicating that the market is in the stage of making up for the rise.
*It has firmly stood above 60 days**, although the volume has not been significantly amplified, which does not mean that it has failed to break out effectively. At present, the market is reluctant to sell, so as long as it can hold 60 days in a week, we can consider it to be truly on this important side. For **investors**, they should pay close attention to the support of the 20-day**, as long as it does not fall below this**, the market is in a bullish **.
In terms of operational strategy, one of the core principles is that it is relatively safe to hold shares that are well below the 20-day market. Under such a premise, we do not need to pay too much attention to the short-term fluctuations of the index. It is worth noting that most of today's large declines are those that have risen significantly in the early stage and have stood on the 20th, and they are now stepping back, which reflects the gravitational effect of the 20th.
The SSE 50 Index and the CSI 300 Index have successfully stood on the 60th, which provides strong support for the reversal of heavyweight stocks, and also limits the space of the index to a large extent. The ChiNext Index and the CSI 1000 Index have touched the 20th**, showing the strength of the leading small and medium-sized stocks**.
In addition, it should also be noted that the CSI 2000 Index, the Near-end Sub-IPO Index and the Micro Cap Index are all well below the 20-day**, which means that many of them are still oversold and will not be able to make a profit until the market hits the 20th**. Therefore, our view is that the stock price is much lower than the 20th ** in the near future, and as long as the 5-day ** is set, as *** investors, they can hold the stock with peace of mind.