China**: How long is the next bull market? I couldn't sleep, I read it repeatedly
Are there any conditions for A-shares to start a bull market?
At present, the capital of A-shares is improving, does this mean that the foundation of the market is becoming more and more solid?
In fact, the start of a bull market generally requires three conditions: first, an optimistic expectation that is difficult to falsify to keep the market sentiment positive, second, a certain money-making effect to attract incremental funds to enter the market, and third, relatively friendly regulatory conditions make the market policy risk relatively low. When all three conditions are met, the index tends to start a bull market**.
Zhu Bin, chief economist of Nanhua**, said that from the current observation, A-shares have some conditions to start a bull market, such as some policy support, but they still need to wait in terms of optimistic expectations and money-making effects.
For the second condition - incremental funds, Yang Delong, managing director and chief economist of Qianhai Open Source, said that as long as a bull market can be generated, a considerable part of the 40 trillion yuan of resident deposits added in the past two years may be bought or directly opened into the market, becoming incremental funds for the next round of bull market in the capital market. At present, the market is at the bottom of history, and the cost of entering the market is very low. At present, it is a better time to attract residents' savings to the capital market and buy the best in the market at the position of the historical bottom.
For the third condition - policy, Xun Yugen, chief economist of Haitong, said that in the context of policy increase and policy support, the short cycle of China's economy is exactly about four years in a reincarnation, and now it has also entered the stage of bottoming out. Returning to the market and looking at the Chinese market from a longer perspective, the market yield has been good for more than 30 years.
Taking the ** type index as an example, in the 20 years since 2004, the annualized rate of return has reached 13%. However, from the perspective of two or three years, the economy is in different cycles, and the market performance is different, and it is impossible to be in every cycle. For **, the real unilateral ** and comprehensive ** time of the market is actually a minority, and most of the time is structural.
As for whether the market can be extremely Tailai in 2024? Yang Delong believes that the main line in 2024 is high-quality valuation repair, and investors must have some good industries and good companies when they lay out. The industries that can continue to grow in the future are mainly concentrated in three major areas, including consumption, new energy, and technology. Some of the leading enterprises in these three sub-sectors have brand value, have a relatively wide "moat", have core competitiveness, and at the same time have good profits and high dividend rates. The stock price has fallen relatively much in the past two or three years, which is an object that can be focused on.
The main washing technique
The evening star washes the dishes
The stock price strengthened from the bottom and re-stood above the 60-day **, and then went all the way up, and the evening star pattern often appeared on the chart, which is the main use of the classic and common ** pattern for washing. It is especially seen at previous highs or in areas with high trades.
I feel that the technical form has just gotten better, and suddenly it goes straight down to the 60th *** This is a pullback suppression operation that often occurs before the main force is stretched.
Down-limit board washing
After the bad news appeared, it immediately walked out of the downward limit, so that everyone left the market in despair, and finally pulled out a wave of rise**. Repeatedly falling and shuffling, gradually, there will be fewer ** to follow.
Bullish ** pattern
1. Side-by-side positive line
Pattern introduction: In the continuous rally, a certain day gaps the current positive line, and the next day there is a white line almost side by side with it, if the next day to open high, you can expect the emergence of a big **.
2. Low inverted hammer line
Pattern introduction: **pattern**In the **trend**, there is a **pattern with a short lower shadow and a longer upper shadow**, which is shaped like an inverted hammer, which is called a low inverted hammer pattern.
The day after the inverted hammer line appears, if it can be determined that the ** price can cross the hammer line body, it constitutes a **.
**: The lowest point of the inverted hammer line.
3. Low Doji
Pattern introduction: **pattern is generally in the trend**, there is a long upper shadow and lower shadow**, shaped like a doji, called a low doji.
The day after the low Doji appears, if the stock price ** crosses the Doji entity, it constitutes a build**.
Doji low.
Investment insights
There are so many factors that make a difference that you can't guarantee that what you're considering will be decisive. So, when the market doesn't support your judgment, you have to trust the market. When the market supports your judgment, trust the market.
Cultivate a sense of the market, not a sense of external factors that perceive the trajectory of the market. The former is eternal and regular, while the latter is indefinite and fundamentally impossible.
It is very important to understand and master the basic financial knowledge that can help us better understand and evaluate the value of a company.
At the same time, it is necessary to learn to read and analyze financial statements, and pay attention to the company's profitability, growth potential, debt situation and other indicators.
Caution**, copying halfway up the mountain abounds, except if you have enough funds to spread out the cost, if not, then please correct.
The above content is for reference only and is not intended as specific investment advice