Barely closing the red market, short-term or repeated (30 day review)
Today, the market opened 44 points higher, and the index fluctuated repeatedly. The highest touch was 3310 points, the lowest touch was 3266 points, and it closed at 3269, up 4 points, or 0.14%. Today, there was a large volume of transactions, and individual stocks rose more than they fell.
Today, the market fluctuated repeatedly, with a large amount of super funds and total funds flowing out.
On the technical side, the red column of the daily MACD slightly shrinks, the KDJ opening shrinks, dead forks appear, and the RSI opening enlarges. The perimeter MACD is magnified in red column, and the KDJ and RSI openings are flat. The weekly line closed a false small negative line, and the index stood above the 60 week moving average. The market volume reached a new high and then fell back, and there may be repeated shocks in the short term.
The weekly review before the festival pointed out that "today is the last trading day of the Year of the Tiger, which rose 175 points in January. There are two trading days left in January after the festival. From the current market view, the rise in January is no longer a mystery, and the probability of the rise in January is also worth looking forward to. The annual trend review for the whole year of this year analyzed in detail, and the trend in January also verified the analysis of the annual review that the market trend in 2023 will generally be the upward trend after the sideways trend. It should be a big probability that the market will continue to rise after the festival. ".
Today, after the market opened sharply higher, there was a continuous shock and fall. When the market opened 44 points higher, it ended up only 4 points higher. There was a large volume of transactions today and a large outflow of funds.
Due to the strengthening of the external market during the holiday, A shares opened sharply higher in the morning, but then they went down all the way and barely closed up slightly. On the K line chart, the negative line was closed, although it was just a false negative line.
The high opening and low moving of the market is also the result of the need to pull back and collate after its continuous upward breakthrough. However, the volume of transactions is significantly higher, and the number of stocks that rose significantly exceeds the number of stocks that fell, especially in Shenzhen, where only 400 stocks fell. The short-term market may be repeated, or even slightly retraced, and there may be acceleration when it rises again after repeated shocks.
Operating tips
In terms of operation, the company mainly holds shares and properly controls its position. Those who hold light positions can increase their positions at bargain hunting during repeated shocks. 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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