Today's market five Open low, but attack directly after opening low, highest three thousand three hundred and thirty-nine Point (from TD Structure rebound target three thousand three hundred and forty-three Points are a few points closer); However, the rally did not last, and then it turned down directly and turned green in the afternoon, the lowest before noon three thousand three hundred and two Point (from three thousand two hundred and ninety-one Point and eleven Point). The rise and fall are basically within the predicted range of the day（ 3329-3300 ）Within the range (it should be slightly higher, after all, it has broken through the upper edge but not below the lower edge), indicating that the overall market balance on that day is slightly stronger. Morning trading information indicates that the market is strong on that day, but the volume cannot be released (call auction only thirty-one Billion, which is the minimum transaction amount in the near future). It is difficult for the approximate rate to rise or fall slightly. The closing should be positive, but it is difficult for a slightly larger entity to even be false positive or star line.
Yesterday's review mentioned the relationship between the market and the GEM. Today, the market can decline in the market, but as long as it does not effectively fall below three thousand two hundred and ninety-one Point is the "hound" signal; But the GEM cannot decline, or even slightly decline, but can only rise, because unlike the market, the GEM two thousand five hundred and seventy-seven There is no divergence at the point, and the only condition to realize the reversal is the end of "small to large", and yesterday's closing five The minute cycle GEM is already at the lower edge of the hub, so it can only rise today, even if it rises in the afternoon and then falls again.
This morning, the market and the GEM rose at the same time. For the overall market, there can still be a slight decline in the session, because the observation point is three thousand two hundred and ninety-one Point above; However, for the GEM, the rise in this morning's market had better expectations; So today's blog focuses on GEM.
From a daily perspective, GEM has become six Even Yin, the lowest has reached the "neck line" position, and the daily line has "a stroke"; That is to say, the GEM daily line is two thousand eight hundred and ninety-six After "reaching the top", a "double top" has been built in shape, and two "one stroke" and one "one stroke" hubs of the entanglement trend structure have been removed. If the GEM can not stop the decline and reverse here, as long as the effective decline is below two thousand six hundred and five Points, that is, "double tops", and the minimum target of decline thereafter will reach two thousand three hundred and fourteen Point (distance from top to neck line = Distance from neckline to falling target); And discuss the trend structure two thousand eight hundred and ninety-six Click "sell once", two thousand eight hundred and ninety-three The point is "two selling", and the withdrawal of neckline after breaking the neckline can constitute "three selling". So GEM two thousand six hundred and five The decline must stop around, or the upward trend will end and the downward trend will start. However, the problem of GEM is that there is no decline and divergence below the daily line; That is to say, at present, there is no sign of the GEM reversing its decline, unless it can be "small to large".
Is it possible for the "small to large" GEM to emerge? Back to the minimum time sharing cycle. Yesterday's closing, GEM five The minute cycle is building a rising center, but the premise is that it cannot effectively break the lower edge of the cycle center, otherwise the "small to large" will not be established; At the close of yesterday, the GEM was already at the lower edge of this hub, so at least this morning, especially in the morning, the GEM should not decline in any way, otherwise, the "small to large" will be cancelled directly.
The early rise of GEM once formed five Minute cycle "in one stroke". See the figure below:
The figure above shows the GEM five Minute cycle. In the figure, this morning, the central market was directly "one stroke up", but it failed to continue to fall "one stroke down". By the noon closing, it was still in the consolidation state of this cycle, that is, it was still in the central range of this cycle, and it was still necessary to observe how the future market would go. However, due to the rise of this morning's market, the GEM thirty Minute cycle from two thousand five hundred and seventy-seven The bounce of points also constitutes "one stroke". See the figure below:
The figure above shows the GEM thirty Minute cycle. Use strict "pen" to outline the trend structure, two thousand eight hundred and ninety-three So far, there is no backsliding (no backsliding and backsliding) at the point, so two thousand five hundred and seventy-seven It is difficult to determine the end of decline. However, this morning's market constituted "a sum of money" in this cycle, and MACD It will no longer move down and the golden fork and red area under the zero axis are larger than the previous red area, so the information of stop down conversion has begun to appear. In the future, if the GEM can "turn from small to large", then the reverse rise should occur at the beginning of next week at the latest after the early afternoon pullback; Take a step back, even if the "small to large" does not work here, that is, the GEM still needs to fall in the short term, or even fall below two thousand five hundred and seventy-seven Point, then the problem is not serious, because even if the short-term decline and re constitute thirty The "one stroke" of the minute cycle, the "one stroke" probability rate will also constitute a divergence (trading back), which is an important reference point for short-term transactions, such as brush two thousand five hundred and seventy-seven A new low is a "buy" in this cycle; If not brushed two thousand five hundred and seventy-seven A new low is the "second buy" of this cycle. This is the significance of this morning's GEM rise.
