We analyzed the Shanghai Stock Index in yesterday's article. At present, the Shenzhen Stock Index has observation line resistance on the top and line 2 support on the bottom.

(Data pictures are for reference only)

If there are good incentives here, we can make a breakthrough.

On the contrary, if there is a negative stimulus, it can also break down.

Today, a bad news call to impose sanctions on SMIC and Huawei brought down semiconductor chips and A-shares.

Another important factor is that today the RMB continued to fall significantly.

The devaluation of the RMB makes it easy for foreign capital to flow out. Today, foreign capital in the A-share market sold a net 7 billion yuan.

Today's decline of A-share is also estimated to be a good thing for some large capital institutions to force them to introduce bigger and stronger policies.

If it falls again tomorrow, it is estimated that some new policies will be forced to be favorable over the weekend.

If the Shanghai Stock Exchange Index falls below 3100 points again, there should also be more capital copying funds coming into the market for a good rebound. After all, the management has introduced many good things here and placed great hopes on it.

*Disclaimer: This article is for reference only and does not constitute investment advice

*Risk tip: There are risks in the stock market, so you need to be cautious when entering the market