Today's ** opened lower and then rushed higher, but it encountered depth ** during the trading session, and finally turned green, and the GEM fell 233%, and the Shenzhen Component Index also fell by more than 1%. The prediction has been confirmed again - despite a lot of good news in the market yesterday, he has made it clear before the market that even so, today is expected to face the pressure of adjustment, emphasizing that investors must strengthen their awareness of risk prevention. If a friend had referred to Songyu's morning comment and acted accordingly, it would undoubtedly have avoided today's market downturn.
Dating back to the year when the index hit 2635 points, Songyu has been encouraging everyone to strengthen their beliefs and grasp the opportunity to absorb dips, until yesterday's warning of risks, this wave of strong *** we participated in the whole process, and the harvest was very fruitful, which can be called complete. However, at this stage, it seems that the market has limited upside in the short term, just like the fishtail part, and the operational value is not high. Nevertheless, there is optimism about the medium- to long-term trend, insisting that the index is expected to move up to 3200 points.
Focusing on today's market, there are still more than 3,000 *** in early trading, but it has reversed to more than 3,700**, with a median decline of 2%, significant market differentiation, and obvious cooling sentiment. The large capital flow level is even more shocking, the net outflow of domestic main funds in a single day is as high as 40 billion yuan, and the cumulative withdrawal of funds in the past four or five days has exceeded 100 billion, and it is estimated that half of the funds that entered the market have been withdrawn. In contrast, the outflow of foreign capital today is relatively modest, with an outflow of only 2.1 billion yuan throughout the day, and it has shown a continuous net inflow trend before.
In the face of large-scale sell-off of domestic capital, it is not easy to maintain stability. As mentioned yesterday, the current weak support in the market is mainly due to the enthusiasm of ** investors, otherwise the index pattern would have deteriorated. In the industry sector, artificial intelligence, communications, consumer electronics, semiconductors, the Internet and other technology subdivisions have collectively suffered heavy losses, and the volume has been amplified with a large **. And all this is not surprising, as he warned as early as two days ago that technology stocks may usher in a strong ** in the short term, although he is still bullish on the prospects of this sector in the long term.
Regarding the question of whether the adjustment will be completed at one time today, my personal opinion tends to be that the bottom has not yet been reached. **The data shows that the three major indexes are all at intraday lows**, especially the ChiNext and Shenzhen Component Index closed the long black line and the body is full, and at the same time lost the fifth and 10th **, suggesting that tomorrow may be further down.
Technically, both the 60-minute and 120-minute periods have a top divergence structure, and the adjustment time is not sufficient. Therefore, it is expected that ** will continue to seek support downside tomorrow, and ** on the 10th may be difficult to hold. For investors who have not yet entered the market, it is recommended to wait patiently and wait for the market to stop falling and stabilize before making plans.
However, the cycle of ups and downs is the norm, and there is no market that only rises and does not fall, and only after a deep shuffle can it have a stronger upward momentum. At this stage, we can first pay attention to the support strength of the 3,000-point integer mark of the Shanghai Composite Index. To sum up, friends who agree with Songyu's point of view, please don't be stingy with your likes and attention, let us witness the evolution of the market together.