What s happening to the broader market today? Is this strong rally a rebound or a reversal signal?

Mondo Finance Updated on 2024-02-02

Today's performance is truly remarkable. The emergence of this extreme ** often means that ** can have rich returns, congratulations to those who entered the market today. List of high-quality authors

* The reason for today's sharp decline and sharp rise is more due to technical and market sentiment. Because the most critical support level at the moment is 2724 points, as long as ** does not fall below here, then there is a possibility of continuing**. But unfortunately, ** has fallen below today, and then investors see this phenomenon and feel that there is no hope for the future, so they have sold, which has led to a large number of sell-offs in a short period of time, and ** has been knocked down all of a sudden, and the lowest once touched around 2650. At that time, the number of ** companies that fell to the limit was close to 200, and at the same time, the decline of thousands of ** companies was about 9%, and the investment sentiment of the market was once close to freezing.

But you must remember that I said before that 2650 is a very important support level at this stage, and today the market is about to touch here in a very extreme situation, and the funds that have been ambushed in advance will take advantage of this opportunity at this time, and begin to return one after another, and at the same time, foreign capital has also begun to return sharply, and everyone has pushed back to 2700 points. At the end of the day, a long lower shadow line was left.

But unfortunately, according to my previous analysis, today's trend is expected, including the follow-up. Therefore, it is still a downward trend, and we still have to treat the current situation with the thinking of **.

* The position of the decline is correct, but the pattern of the trend cannot keep up, so the follow-up ** still has to re-test around 2650. This wave of ** is caught, remember to come out in time.

Not much else today. At present, it is to see what will be able to **to** next week, the above content is for reference only, **there are risks, and you need to be cautious.

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