After the continuous decline of the a** field, there was a significant ** yesterday, especially the ChiNext index in 5 consecutive yin clamping, yesterday ushered in a long-lost yang line, but the probability of disappointing the market is that this yang line belongs to the high fall, after all, from the ** pattern can see the obvious long lower shadow line, which seems to indicate that the decline has not stopped significantly.
Of course, the performance at the level of the Shanghai Index is even weaker, you will find that the form of the low yang line is too small, enough to show the malaise of long funds, indicating that everyone does not seem to be optimistic about this short-term **, after all, it can be clearly seen from yesterday's Shanghai Index transaction, the full-day turnover is only 294.4 billion yuan, which is not even 300 billion yuan can not meet the level again, ** does not seem to be sustainable.
So does this indicate that the bottom will continue to be explored?This possibility cannot be ruled out, but there is another possibility, that is, the index does not appear obvious in this position, only remains sideways, and then a large proportion of the transaction shrinks, even to 250 billion and 260 billion yuan of the Shanghai Index single-day transaction, so that in the case of continuous shrinking of the transaction, and even reach an extreme contraction, the upward turning point will be born.
This is just the Shanghai Index, if you carefully observe the disk of the GEM yesterday, I am talking about the disk, not the GEM index. You may find some positive clues, yesterday there was a more obvious phenomenon, that is, the photovoltaic represented by the plate rose across the board, in the morning LONGi green energy offensive is particularly obvious, the maximum increase in the intraday reached 583%, although the first time to show a rise and fall, but you will find a special phenomenon, that is, the bottom of LONGi green energy is in a significant rise, in this wave of market to create a new low, the photovoltaic industry leader did not follow the index to appear a new low, which shows how much the photovoltaic sector and even new energy seems to have received the attention of incremental funds, and this is undoubtedly beneficial to the stability of the GEM index.
The reason why I say this is a positive signal is because for the GEM index, the new energy sector represented by photovoltaics accounts for a relatively large market capitalization, especially represented by CATL.
As long as the photovoltaic sector represented by LONGi can continue to show upward force, it will definitely have a positive impact on the ChiNext index and bring hope to the main board market.
The current A-share market needs to focus on two aspects: one is to see whether the turnover of the Shanghai market can shrink extremely, which will also bring reference significance for the market turnThe second is to see whether the market capitalization weight in the GEM index can be reversed in the trend, and I think these two levels have a significant role in boosting the development of the market in the future.
Disclaimer: The content in this article is for reference only and does not constitute any operational advice or tips