Monday's sharp rise made everyone think about the seven turnovers, although from the existing data to stand and stand firm on the Shanghai Composite Index 3000 points is still flawed, but cherish the days below the 3000 points of the Shanghai Composite Index is still right. After all, according to the Shanghai Composite Index in the past two years, it is easy to usher in a rebound after falling below 3,000 points five times, and in Sunday's article, it is also predicted that the third quarter will be likely to be a wide range of shocks from the bottom to the top.
A-share data today:
Today's major indices rose more and fell less, among which the dividend index, CSI 500, CSI 1000 and CNI 2000 all performed well, while the Science and Technology Innovation 50 and ChiNext performed weakly. Today, the trading volume of the two markets was 6,580, a decrease of 6.4% from the previous trading day. The net outflow of the main forces of the two cities was 7.1 billion yuan, and the main domestic capital sold little, but compared with the net inflow of the previous trading day, it was almost meaningless. Northbound funds are not open today due to holidays.
Today, the ratio of individual stocks in the two cities is: 2.2:1, 60 up limits, 18 down limits, and the money-making effect of individual stocks is acceptable. On the abnormal sector, 11 sectors rose today, real estate, coal, banks, automobiles and other old faces were active again, today only semiconductors weakened because of the news of large fund reductions, and the activity of weights and themes is also comparable to the money-making effect of individual stocks and the trend of the index.
Judging from the data, A-shares are still between standing firm, and the comprehensive data does not fully indicate that the market has stood firm, because there are three elements of bottoming out: 1. Large volume and long legs, 2. Financial continuous protection, 3. Northbound funds continue to buy, and there is no consistency. In terms of data, it is still necessary to observe a few more trading days.
Outlook on the market:
Now this trend is indeed a dilemma, whether it is to choose the left side of the transaction or the right side of the transaction, when people are in the game is the most difficult to judge, the index does rise and fall in the past two days, but in the face of the Shanghai Stock Exchange 3000 point mark, the market has not increased, there is no bottoming out of the three elements, will it copy the first rebound in mid-to-late January and then fall? Or is the direct rebound a thing of the past? No one can say for sure, this is also the biggest difficulty in buying the bottom.
At this time, it is really better to rely on predictions than on trading plans. My response is to observe more data in the intraday while also making a regular investment plan, which is also very simple:
1. If it rebounds, then it will break through the upper moving average, but there is always a break in between.
2. If it is a continuation of the decline, then the market will fall sharply, and it is okay to increase the intensity of regular investment when the fall falls.
Coupled with the previous position, there is room for both market ups and downs, so there is no need to worry about whether it will go up or down, and the rest will be left to the market to make the final decision.
The above are today's market notes, which are only used as personal daily reflections on the market and are not intended as trading advice. Investment is risky and should be traded with caution.
I focus on indexed investment, advocating the theory of stock market cycles and comprehensive allocation. Daily update of A-share review logs and fund real trading notes. The above content is only a testimony of the unity of knowledge and action in your own investment, and friends who are interested in indexation investment are welcome to leave a message or pay attention to not get lost.