Yesterday’s market continued to break down. On the one hand, the index continued to be strong. After hitting the pressure level in the early trading, it quickly fell back. In the afternoon, it was supported at the expected support position of 3,525. The blue-chip brokerage bank safely led it to rise again in the afternoon. The Shanghai Composite Index rose 0.71% to close at 3576 points, and the ChiNext rose 1.52.% to close at 3162 points. On the other hand, under the protection of blue chips, individual stocks' funds fled, showing a large-scale decline, with extremely low earning effects, and the limit of falling stocks was substantial. In addition, most of them have earned an index but lost money, so they have been focusing on danger in the past two days, avoiding the process of rest and recuperation, and the volume can reach about 1.216 billion in the two cities. On the disk, cyclical stocks such as coal, nonferrous metals, steel, power, and power in the early trading are relatively strong. In the afternoon, blue-chip brokers, banks, and stable stocks hold the market.
In terms of popularity, cyclical stocks in the mid-term market have performed well, and the market outlook is still optimistic. Large consumption expands domestic demand, and there will be market outlook. After all, most stocks are still low. In terms of individual stocks, the strong stocks are reduced, the risk increases, and the short-term prevention of chasing increases. Yuyuan (600655) Huawen Foods (003000) Power Source (600405) Alloy Investment (000633) Ningbo Dongli (002164) COSCO Haifa (601866) and Winning shares (002824) and China Coal Power (601898) are relatively strong.
From a technical point of view, the Shanghai stock index began to enter the 91.4% position within the overbought time range as expected today, but the upward trend is still there, and now it rises to 78%. The index is still relatively strong, but it started at the daily time. In the case of overbought, the upside and upside moments are now very limited, and the danger has increased. Therefore, it is advocated to avoid the technical correction process brought by the short-term successive rises. Stop when it's time to stop. Save your strength and seize funds. There is still more time for the market outlook. The slow bull market is still there. Wait until the risk of decline is reduced.
In the short-term, the short-term cycle is under the blue-chip overhead, and the short-term cycle is still at a high level. The 5-minute trend is 65%, the 15-minute trend is 72%, and the 30-minute trend is 88%. It has been violated, and the 60-minute trend is 91 % Of over-buying positions are wandering, and the short-term danger is now relatively high. Once the blue chips abandon the sedan chair, the danger will emerge quickly!
Regarding the operation, two consecutive days of decomposition, the risk of high-position stocks falling back is significant, and continuing to avoid high-position stocks that have increased too much. With regard to low-position stocks and their own low-position stocks, they can continue to pay attention to the question of whether they can buy stocks. The ability to control individual stocks and the ability to withstand risks. The face of the market's recovery does not mean that there are no good stocks in the market. Of course, those who can control can operate.