Topic summary
The analysis points out that the market is expected to continue to maintain a structural market. On the one hand, according to the economic data in August, the downward pressure on the economy is great, and this concern will still exist; On the other hand, the prosperity of growth category is still high, and the valuation of many value categories is relatively high, which has not yet reached the demand moment of value stock valuation clearing and the style reversal of growth stock fundamentals. For investors with heavy positions, it is advisable to take advantage of the rebound to reduce their holdings and wait until the new direction of the market is clear before making new decisions. For investors with low positions, individual stock game can be properly carried out, and the overall position also needs to wait for new opportunities. With economic recovery and stable liquidity, the market structure remains unchanged. But at present, uncertainty is increasing, and we still need to keep a wait-and-see before the National Day.