0202 Morning Comment A shares remain volatile! Be aware of risks

Mondo Finance Updated on 2024-02-02

U.S. stocks opened higher and closed higher, and the FTSE China A50 and Hang Seng Technology Index** closed higher, which had a positive impact on the opening of A-shares, and it is expected to open slightly lower.

With the increase in the adjustment of A-shares, the risks of snowball liquidation, liquidation of two financial institutions and equity pledge have become hot topics in the market, among which equity pledge is the largest and the risk is also the largest, which is where investors need to focus on prevention. Once there is a concentrated liquidation, A-shares will go to the next level. It is hoped that the management can see the risks, introduce stability maintenance policies in a timely manner, and maintain the bottom line.

The Shanghai Composite Index and the ChiNext Index are definitely in a clear bearish trend. At the small level, there are 15-minute and 30-minute stabilization signals respectively, which means that the GEM is the first to stabilize.

The Spring Festival holiday is approaching, there are only 5 trading days before the year, institutions and main forces have no intention of fighting, and the market volume will gradually shrink, ** into a narrow consolidation. Since the beginning of the year, A-shares have been constantly adjusted, the vast majority of institutions and individuals have been deeply trapped, if there are no special circumstances, we will not stop the loss out, it is likely to fight around the Spring Festival, the management or will introduce the king bomb good, which means that there is a small probability of the long holiday selling pressure effect in previous years.

Comprehensive overnight information,Today, it is more likely that A-shares will bottom out and rebound and maintain the range**. Pay attention to the strong pressure of 2793 and 2813 when the Shanghai Composite Index is up, and pay attention to the strong support of 2743 and 2753 when it is down.

Specific sections:

Domestic varieties, major plates bottoming out, narrow range ** is more likely. International varieties, ** and ** continue to circumvent, even if ** do not see the opportunity.

Today, I mentioned the Nasdaq, according to historical data, the Nasdaq is likely to have a phased peak before and after the Fed officially cuts interest rates, which means that ** continue to hold, but always pay attention to the Fed's monetary policy: it is expected to start cutting interest rates in March or June. Once the Nasdaq peaks, it means that both Nikkei and Indian stock indices will follow suit.

The strategy of investors with heavy positions** remains unchanged: do not increase positions, do not stop losses, and wait for the opportunity to reduce positions by ** or the sector to make up for the gap above.

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