The market in the past two days has been quite bumpy, and strong red has done more harm than good; I think a healthy correction is needed to set the stage for further upside in the market outlook.
Today's ** opened low, and the GEM opened 1% lower, a lot of decline. At that time, I felt that I finally knew that there was a solution, but what I never expected was that it was getting stronger and stronger, which really made me a little confused and uncomfortable.
Let's take a look at the strength of this wave of low opening and high walking:
The CSI 300 index opened 06%, up 2 in the afternoon6%！
The SSE 50 index opened 042%, the highest increase in the afternoon was 298%！
The ChiNext index opened 1% lower, with the highest increase of 215%！
The Shanghai Composite Index opened 057%, the highest increase in the afternoon was 244%！
That is to say, in this wave of low opening and high walking, the major stock indexes are generally **3%! In addition to the theme of garbage artificial intelligence, several other core directions also showed strong positive performance, such as: financial real estate, new energy, liquor and auto stocks, as well as central enterprises represented by the Chinese prefix.
At this moment, it is very much like a short squeeze, and many people must be excited!
There was no confusion and the AI chose the right direction of attack, but the timing was not right. If it is a healthy **, such as the CSI 300 index back to 3300, a solid foundation has been laid, and the market has accumulated offensive momentum, then it is very healthy and good to hit a big positive line. Immediately!
However, the current situation is different. The market has started to show signs of weakness after a streak. If it ignites at this time, it can easily cause more selling pressure. If you fail to catch it, it gets worse.
So at noon, I also said: I feel a little weak, so I have to reduce my position first.
At the end of the session, the market generally fell back and the scale was large. It's rare to turn green without being submerged. As of **, the GEM closed up slightly by 036%, CSI 300 closed up 135%, the Shanghai Composite Index closed up 097%。
After such **and**, it is even more difficult to continue**, as long as there is no big political stimulus, the general stimulus will not work, because everyone has already expected the benefits of the new policy after the official New Deal.
If there are such traders behind the scenes, I don't think the trading action in the three days after the holiday is good; At the end of last year, what the market needed most was such a continuous wave of tailwinds, but it didn't happen. Take action when it's time to act, and the result is the tragic dive earlier this year! Now, when it's time to relax, I feel like I'm asking for credit, sadly.
In short, for the current market situation, the market bottoming out is the consensus, I believe everyone has no doubt about this, but I believe that a benign adjustment is needed before a better and stronger uptrend begins.
Three Gorges Energy was weak today. Failed to hold the previous trend, and fell back to green at the end of the day, ending a 7-day streak of **. This position needs to be fixed. Do not worry. It will fall back to 4 at most5 or so. The ending is clear, and the upward direction is also clear. This year has recovered last year's decline, reaching 6 yuan.
Let's encourage everyone together!