Recently, the Shanghai Composite has weakened, and the worries of market investors have gradually intensified. It appears weak when it is in the intraday and relatively relaxed when it falls. This has made many investors ask: what happened to China's big A? What the hell is going on?
First of all, we must be clear that policy information is highly confidential and cannot be leaked in advance. Therefore, any gossip about policy adjustments cannot be trusted. In addition, there is a certain time lag between the fundamental information of the company and the trend. Therefore, investors cannot rely solely on the fundamental information of companies to make short-term moves.
Judging from the monthly trend, the downward trend in the past two months is very obvious, and it is showing a rapid trend. The downward three-stage of the combination and the excessive deviation of the oversold zone of the RSI indicator indicate that the monthly line may appear at any time or move sideways.
On the weekly chart, the white candle of the previous week, the long black candle of last week, and the low opening of this week are too large, and these technical signals indicate that the trend needs to be stopped temporarily. In addition, the divergence signals of the RSI indicator further confirm this view.
To sum up, investors are advised to pick stocks and open positions when there are dips. Of course, this is just my personal opinion and is just for reference. When making investment decisions, you also need to consider other factors and market trends.