The market may be under pressure before it improves (reviewed on July 3)
Today, the market opened 7 points higher, and the index rose in shock. The highest touch was 3246 points, the lowest touch was 3209 points, and it closed at 3243 points, up 41 points, or 1.31%. Today, there was a large volume of transactions, and individual stocks rose more than they fell less.
Today, the market fluctuated upward, with a small amount of super funds and total funds flowing in.
On the technical side, the green column of the daily MACD disappears, the golden fork appears, and the opening of the KDJ and RSI golden fork is enlarged. The weekly MACD green column shrinks, and the KDJ and RSI openings shrink, which is the golden fork. A small positive line is closed on the weekly line, which is above the 30 week moving average.
The weekly review pointed out that "this week, the overall market first held back and then rose, and the shock was repeated, and the market closed slightly up by 4 points. On Friday, the upward attack once broke through the long-term upward trend line of 2440, but the closing was still below the trend line. The short-term market may have repeated, and to break through the trend line and many resistance of the average line, it needs continuous and large-scale cooperation. I still think there is still a long way to go from the conventional target of two waves, and I have to defend against falling to a new low after rebounding. ".
Today, the market opened higher and moved higher. The market rose 41 points in the end, and the index recovered 10, 20, 30 and 250 antennas. There is a large volume of transactions today, with a small amount of capital flowing in.
After the market opened high today, the market rose in a large amount, and the market changed. Shortly after the opening, I pointed out: "A small amount of funds flowed out, the index opened high and went high. The opening index was the lowest index, and the transaction was slightly enlarged. The index crossed the annual line, the 10th and the 20th lines, and fluctuated near the 30th line. There was a sign of upward movement on the market.". In the afternoon, the market closed at a secondary high after narrow range consolidation, breaking through the 10, 20, 30 and 250 daily lines, so the perception of the market is very accurate.
From the perspective of form and technical indicators, there is a possibility of resuming the upward trend after the overall market attacks or even breaks through all the moving averages. It is also OK to add positions properly in light positions, but you can't take it lightly until you break the previous high and all the moving averages. If you can't break through the previous high and all the moving averages, it's normal to turn around again and continue to adjust. The short-term line should still have upward inertia, which may be repeated later.
Operating tips
Control the position in operation. If the position is light, it may be appropriate to increase the position, but we still need to wait and see. 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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