A-shares went very strong in the first half today, and the Shanghai Composite Index almost appeared all the way up before 11 o'clock, and the increase reached 078%, and 23 points, so far it has rushed up to 3063 points. If you have to work harder, it will reach 3100 points. It was at this time that there was a sudden wave of intraday diving, and it took about 40 minutes to hit the index to the green disk.
1. I don't think the problem lies in the Shanghai Index itself, after all, there are a lot of Shanghai Composite Index components in the early assessment trend is still very strong, but the ChiNext Index can be different, if the Shanghai Index time-sharing chart and the ChiNext Index are put together to compare, in the morning in the Shanghai Index ** 23 points, the ChiNext ** 027 percentage points, which means that the two have formed a differentiation, and this is also a manifestation of the consensus of the funds to do long, usually the more so, the more active which direction is, the more unfavorable it is to this direction, and it is obvious that the bulls are taking the initiative.
Therefore, at 10:52, the Shanghai Composite Index began to dive, and the ChiNext index started a wave of acceleration downward in the position of the green disk, and by 13:04 in the afternoon, the decline had reached 184%。I have always said that the ChiNext index is the vane of the market, if the ChiNext index does not rise, or can not produce a money-making effect, it is difficult for the whole market to make a difference, so this is also the reason why the Shanghai Index followed the dive, and it is the weakening of the ChiNext Index that drove the Shanghai Index downward.
So why can't the GEM go up today, but there is a ** close to 2%? I think you look at today's medical care is probably clear, traditional medical care has a negative expectation of centralized procurement, the short side has been dominant, for medical treatment at present, there is still a bit of an advantage in the field of innovation, and today there is just a safety bill, which has led to a decline in innovative drugs, and the weight of medical market value in the GEM is relatively large, so by 14:30 in the afternoon, the decline is close to 4%, such a situation is of course difficult for the GEM index to go well, which is self-evident negative for the overall market.
2. There is also a situation, tomorrow is Friday, the last trading day of the week, which everyone knows, and the key is the end of this week, which means that a certain complex may end, I think this is the most complicated mood for everyone today, and even I have heard relatively unoptimistic remarks, thinking that after this week's special period, what should be done later.
This is likely to be the two main reasons for today's market dive.
A shares to change?
In my opinion, the first of the two reasons above is defensible, but the second is basically nonsense. From the 2635 point market to the present, in fact, the funds that rescued the market before are not far away, today it seems that the market has dived obviously, the number of the two cities is only 1500, and the number of the market has reached 3500, but if you look closely, the funds of the disk have begun to act after the dive.
More typical such as Huatai Berry CSI 300 ETF, you can look at its tick chart, from 14 o'clock after the beginning of the obvious volume of pull, whether it is the Shanghai Index or the ChiNext index, at 14 o'clock the chart appeared a wave of obvious pull, the Shanghai Index was almost red, and the ChiNext index today is under the pressure of medicine, the effect of being driven is significantly worse, behind these intraday changes, is the previous bailout funds to pull the CSI 300 ETF to the market driving effect.
The CSI 300 ETF is not only from 14 o'clock to start the volume rise, from 14:38 to continue to rise, even if this situation did not prevent the situation of the two markets, but at least to show that the rescue funds did not give up the market because the "protection period" is about to end, as long as there is such a tendency, I think A shares do not have much downward risk, this phenomenon is essentially changing people's optimistic expectations, full of confidence in the future of A shares, Before the flow of the market is fully restored, it is necessary for the bailout funds to pay attention to the dynamics of the market, so it is a bit too hasty to categorically believe that A-shares are about to face a change in view of today's diving situation.
In the past few days, A-shares have been rising continuously, and there has been an appropriate adjustment in this process, as long as there is no obvious **, the technical downward trend cannot hinder the upward trend, or that sentence: continue to be bullish.
Disclaimer: The content in the article is for reference only and does not constitute any operational advice or tips.