At the time of the opening of today's stock market, it once walked out of a wave of high opening market, but it was only limited to the opening, because, after the opening, today, the accident happened again, and the consistency of the three major A-share indices fell.
The ChiNext and the Shenzhen Component Index took the lead in turning green, and in the end, the Shanghai Composite Index was not able to hold the situation of the red market, and it also began to turn green.
I originally thought that there would be a high probability of performance today, after all, yesterday's strong bullish atmosphere would most likely affect today's stock market, but I didn't expect that it was just the so-called one-day market, and today, the three major A-share indices will die down.
What's more, as of press time, the market once again saw more than 3,000 stocks fall, of course, the decline was originally a normal phenomenon, but it was too unexpected that there was no continuation of yesterday's bullish atmosphere.
Why, today, the accident happened again? In the author's opinion, there are two reasons.
First, as I said before, from May 24 to today, that is, on August 1, the Shanghai Composite Index has entered a downward channel, and in this downward channel, the Shanghai Composite Index has not broken through a single pressure line.
That's the monthly line.
It is worth noting that there has been no so-called effective breakthrough, that is, completely standing above the monthly line, and yesterday, the Shanghai Composite Index only ran near the monthly line and began to appear a wave of stagflation.
That is, yesterday did not break through this line.
Today, although the Shanghai Composite Index broke through the monthly line at the opening, it was not an effective breakthrough, and in the end, it fell back below the monthly line, so the short-term watershed of this line has also formed a greater pressure.
Because, once this line is broken, it means that the Shanghai Composite Index has ended its downtrend, therefore, the importance of this line is self-evident, which is one of the reasons why the Shanghai Composite Index did not continue yesterday's strength today.
However, to be honest, judging from the turnover of the previous trading day, the market does have funds to enter the layout, and the author has said that the turnover is the most critical at present, which is important.
Therefore, the monthly line will not hinder the Shanghai Composite Index, but it will constitute a certain shock situation, and before, after the failure of the monthly impact, the Shanghai Composite Index began to hit the monthly line so quickly, which means that the situation is indeed different.
Second, the three upper lines are gradually becoming denser, these three lines are the so-called quarterly, semi-annual, and annual lines, these three lines represent the medium and long-term costs, as well as the situation of chips.
Once these three lines are really bonded intensively, then a very strong selling pressure will be formed, and at present, these three lines are almost around 3020 points, so this point will inevitably become a pressure point.
What's more, these three lines are still moving downward, and with the advancement of time, these three lines will gradually move downward, so the center of gravity of the cost will inevitably run downward from 3020 points, which is the biggest trouble.
So, next, can the Shanghai Composite Index withstand the selling pressure caused by the downward shift in the center of gravity of chip costs? Among them, the turnover is the most critical, if it can continue the volume of the previous trading day, then it is no problem to break through the cost center.
The above two reasons have led to the accident of A shares today, of course, this is relatively normal for A shares, after all, A shares are not disappointed once or twice, and this kind of one-day market is not once or twice.
To sum up, the author is still the same sentence, when the market is large, it means that the chips above have begun to loosen, which is one of the signals of the layout of funds at the bottom, so although it is indeed falling in the morning, the situation is not bad.