The low point has not fallen much or has rebounded (reviewed on June 26)
Today, the market opened 20 points lower, and the index fluctuated and fell. The highest touch was 3181 points, the lowest touch was 3144 points, and the lowest touch was 3250 points. It fell 47 points, or 1.48%. Today, the transaction shrank, and individual stocks 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 disappears, and the dead fork appears. The opening of the KDJ and RSI is enlarged after the dead fork. The perimeter MACD is magnified in green column, and the KDJ and RSI openings are magnified. The weekly average shall be closed below all weekly averages with a middle line.
The weekly review pointed out, "Last Friday, the index broke through upward, but closed below the 60 antenna. Last week, I gave the premise that the market would continue to rise this week, that is, if the market could continue to scale up, standing on the last 60 antenna of the EMA, the market might reopen in the future. But unfortunately, the market was blocked by the 60 antenna this week, and continued to shrink, so that it fell down. In fact, such a trend is normal, but I have repeatedly stressed that there is insufficient space for adjustment of the second wave. The market broke through last week, and the deal did not cooperate, so it is not surprising that this week's readjustment. The market has not yet stabilized, and may continue to decline in repeated shocks next week.
You should note that the operating tips have been changed to position control since May 9, and the light positions can be added on bargain after repeated shocks, which has not changed so far. ".
Today, the market opened lower and moved lower. The market hit a new low since the 3418 callback, and the market closed down 47 points. Today's transaction has shrunk, and funds continue to flow out in large quantities.
I have to say again that the trend cannot be violated. The time and space of the two waves are not enough, and the innovation is inevitably low in the end. Therefore, the position control is always warned in the evaluation operation prompt, not the time for intervention.
One thing I have always wondered is that there is a voice in the market that the market has gone down for 100 days since the Spring Festival, and the adjustment time is far longer than the rise time, so the meaning adjustment may have ended long ago. What I don't understand is that the peak after the Spring Festival is 3310, which has been adjusted for 100 days so far. What are the 3342, 3396, 3418 and other high points behind 3310? On the way of adjustment?
In my opinion, 3418 is still on the way to adjustment. There is not enough time and space for adjustment. According to the fact that 3418 has been two waves so far, plus today's decline, it has only dropped 274 points, just over half. 2885 rose 533 points to 3418, and the target position of the second wave fell 0.618 times, so it had to fall 329 points to 3089 points. Fortunately, it is not far away. Besides, wave theory is only probability for space theory, not law. Especially for sub waves and small waves, it is normal to pass a few. There may be a small rebound if the short-term decline is too much, and the low probably rate has not yet appeared.
Operating tips
Control bin in operation. 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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