Xu Xiaoming: Tuesday Operation Strategy
Today is May 20, the lowest point of this wave of market is February 5, and it is just three and a half months since today's closing. It has been three and a half months since the market forecast we made at the beginning. In the prediction of space, the Shanghai Composite Index is 3200 points, with a maximum of 3174 points today, 26 points short. So we still insist that this is the end of the first phase of the rise. Note that it is not the middle and late stages, but the end of the judgment.
Each index here not only has the secondary top passivation of the daily line, but also the top passivation of the outgoing line at the minute line. That is to say, the level of daily line structure here is higher than that of the first time. Not only is the coordination between indexes good, but also the coordination between cycles is much better. Although the market is still rising, the high point of the first stage should not be too far in the future.
After the first phase of the rise, there will be a corresponding adjustment cycle. From the perspective of balance, compared with the first phase of the rise, the level will not be too small. Therefore, the main task in the near future is to find the highest point of the first stage. Here is still the focus on the daily structure. Time has been completed, and if space is also completed, the secondary structure is very likely to become the highest point of the first wave of market rise.