The pre-holiday market experienced a wave of three consecutive yang trends, although the previous performance was not satisfactory, but the previous wave of ** did bring some comfort to investors. During the holiday season, the external market also performed well, with most major market indices hitting new highs, including the A50 futures index and Hong Kong stocks, which are closely related to us, which had a positive impact on the continuation of the A** market, and the first day of the new year also achieved a good start.
Last year, we experienced the worst in recent years, and the whole year was almost in the first trend. Especially at the end of the year, when the market has fallen beyond its fall, there has also been an acceleration**, which undoubtedly brings huge psychological pressure to investors. However, this extreme ** also makes the market extremely compressed like a spring, which can be ** at any time**.
Therefore, I am full of expectations for the ** in 2024. The three consecutive days ago showed the strength of the market, although it can be seen as an over-fall at present, but this has allowed us to see that the market has the potential to rise. There's just one trigger missing, and I think that's going to come this year.
First of all, the market has been going for long enough. Opportunities tend to fall out, and valuations and price-to-earnings ratios across the market are now at historically low levels. Historically, as soon as the market reaches this position, it tends to bottom out, and then a bull market begins**. Second, policy orientation is also changing. In the past, the policy did not want the market to rise sharply, because it was easy to fall sharply after a big rise, resulting in market instability. But now, the real economy is facing difficulties and needs to drive the economy, so the policy warm wind is blowing frequently. Finally, from the perspective of the market's own laws, the daily, weekly, and monthly lines have all sent out bottom signals, and the three consecutive yin before the annual line is also rare in history. According to these rules, 2024 will most likely be a bullish year.