Short term market may be repeated (reviewed on the 19th)
Today, the market opened 2 points lower, and the index fluctuated and fell. The highest touch was 3394 points, the lowest touch was 3364 points, and it closed at 3370 points, down 23 points, down 0.68%. Today, the transaction shrank, and the stock fell more or less.
Today, the market fluctuated downward, and super funds and total funds flowed out in large quantities.
On the technical plane, the red column of the daily MACD shrinks, the KDJ has a dead fork, and the RSI opening shrinks. The perimeter MACD red column is enlarged, the KDJ opening is flattened, and the RSI opening is enlarged. The weekly line closes a small positive line, and the index returns below the 120 week moving average.
The review on Tuesday pointed out that "due to the contraction of transactions, the market has not continued to rise today, and it is normal to take a narrow range to sort out the market. There is no momentum if there is no upward movement of more than 500 billion or 600 billion transactions in Shanghai unilaterally at the current position, and if it continues to shrink, it may be slightly reversed. Short term focus on volume changes. In general, there may be repeated shocks or small upward movements. However, the previous high point 3424 is also close at hand, and I'm afraid that the short term upward force is not enough, unless a large scale is pulled through this position. After effectively breaking through 3424, it will be flat, reaching the high point of 3731 in February 21. ".
Today, the first three hours of the market was still a small downward trend of shock consolidation, and the last hour saw an accelerated downward trend, closing down 23 points. Today's transaction shrank and a large amount of capital flowed out.
It is also expected that the market will go like this. Yesterday's review made it clear that the previous high of 3424 is very close, and I am afraid that I will not be able to move up in the short term unless I can significantly and massively pull this position. Today, the transaction was not able to keep up with the shock. The front was high and in front of us. It was also reasonable for us to go down at the end. I'm afraid that the short-term market will be repeated. Above the trend line, it is a strong consolidation, and below the trend line, it is possible to callback. The current position of the trend line is around 3335, and it moves up every day.
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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