Short term market may be repeated (reviewed on the 7th)
Today, the market opened flat and the index fluctuated repeatedly. The highest touch was 3483 points, and the lowest touch was 3453 points. It closed at 3479 points, down 3 points, or 0.10%. Today's transaction was enlarged, and individual stocks rose more than fell.
On the technical side, the market narrowed and closed slightly, and the closing index still closed above the double bottom neckline. Today's transactions shrank, and capital outflows were large. The daily MACD red column magnified, and KDJ and RSI opened flat. The weekly MACD green column shrinks, KDJ and RSI openings shrink, and the weekly line receives a small negative line. I'm afraid that the short line market will be repeated at the double bottom neckline position of 3478 and near the 60 antenna. ".
Today, the market fluctuated repeatedly, with a large inflow of super funds and a small outflow of total funds.
Today, after the market opened high, it fell back quickly. It operated under the opening index all day. After the bottom reached in the morning, it gradually rose in the afternoon, and the closing fell slightly. Today's transaction has been enlarged and a small amount of capital has flowed out.
On the technical side, today's market bottomed out and rebounded, with repeated shocks and slight losses. The closing index still closed above the double bottom neck level. Today's transaction has been enlarged, and a small amount of capital has flowed out. The red column of the daily MACD is slightly enlarged, and the opening of KDJ and RSI shrinks. The weekly MACD green column shrinks, KDJ and RSI openings shrink, and the weekly line receives a small negative line. I'm afraid that the short line market will repeat at the double bottom neckline position of 3478 and near the 60 antenna.
According to the review on Tuesday, the index has closed above the double bottom neck line for two consecutive days in the current market. In combination with the shape and technical indicators, the probability of breaking the neck line upward and forming a double bottom market is increasing. However, on the way up, the deal continued to shrink, and the 60 antenna was not far from the neck line position, and the short line might have repeated. Only by effectively breaking through the 3478 neck line and standing on all the moving averages can the future market be launched.
Today, the market continued to fluctuate repeatedly, and the index bottomed out and recovered. Although the whole day was running below yesterday's closing index, the closing was still above the neck level, and the transactions were also enlarged.
In the current market, although the index has repeatedly broken through the neck level, it has closed above the double bottom neck level for three consecutive days. In combination with the form and technical indicators, the probability of breaking through the neck level upward and forming a double bottom market is increasing. However, the 60 antenna is not far from the neck line position, and the short line may be repeated. Only by effectively breaking through the 3478 neck line and standing on all the moving averages can the future market be launched.
Operating tips
Control the position in operation, or add the position properly if the position is light. I always believe that position control cannot be absolute, and it is irrational to have a full short position. No matter the rise or fall, it is not hard. The position you can easily deal with is your most reasonable position. Of course, except for those who are also suffering from ups and downs, such people should not come to the stock market.
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