On February 23, 2024, the A** market ushered in a key breakthrough, and the Shanghai Composite Index successfully closed at 300488 points, this number has triggered positive sentiment among investors, and the decimal point "88" symbolizes wealth and good luck in Chinese culture, and standing at the 3,000-point psychological mark has a significant effect on boosting market confidence. Today's performance proves that it has successfully challenged and broken through the key technical resistance level of the 120-day reversal line, which is often seen as an important signal of a weak to strong trend.
In terms of plate performance, the SOAR concept plate took the lead in this wave, ranking first among all sectors, leading the investment hotspots in the market. It is worth noting that the beverage manufacturing industry in the weighted sector has shown good acceptance during the day, and the daily fluctuation characteristics are consistent with the basic logic of the current reversal**. To judge whether the market has truly reversed, it is necessary to see whether financial heavyweights such as **, banks, and insurance, as well as industry leaders such as semiconductors and beverage manufacturing can jointly stand firm and continue to push up stock prices.
However, behind the overall rise, careful investors will find that the performance between the ** is uneven, although the stock index is rising, but many heavyweights have not made a significant breakthrough in the past three trading days, and even some heavyweights compared to the same period last year** at the valuation level of 3000 points, there has been a large gap. This phenomenon has led to the fact that the overall money-making effect of the market is not significant, and the ** in the hands of many investors has not increased significantly with the ** index.
Despite this, the national team's resolute attitude to protect the market has been fully revealed, and the possibility of large downward fluctuations in the market in the short term is extremely low, which also provides investors with a certain degree of confidence. However, in the face of the current situation, investors still need to remain cautious and do not blindly chase higher.