9.9 Received Comments | Index Stabilizes to Welcome Mid-Autumn Festival

time:2023-01-30 05:10:45source:chakarski.com author:Individual stock recommendation
9.9 Received Comments | Index Stabilizes to Welcome Mid-Autumn Festival

Today is the last trading day before the Mid-Autumn Festival. I wish everyone a happy Mid-Autumn Festival, a happy family, and everything goes smoothly. The king studied until late last night, and was still very uneasy about the future market. I came here to inform you that it is for reference only. Before the end of the year, everyone should try to see more and move less to prevent risks. The king feels that there are still risk factors in the market that have not been released, and the future trend of the stock market will still be very difficult. Everyone should prepare psychologically in advance. Back to today's stock market, we can see on the time-sharing chart that the Shanghai Stock Exchange and the ChiNext have obvious capital pulls. What is more important here is the stabilization of the ChiNext. If the index hits a new low in the near future, it will technically form a very unfavorable situation for the bulls. In the time-sharing charts of several major indices, we can all find that the trend of the white line is significantly stronger than that of the yellow line. At the same time, the ratio of the rise and fall of individual stocks today is still more or less, which shows that the core strength of the index's good performance today is still from the rise of heavyweight stocks, rather than the profit-making effect of individual stocks. Therefore, today we see that the market stabilization is more of a stabilization index action. At present, the market as a whole is still in a downward trend, and the risks outweigh the opportunities. We should remain cautious enough about the market. What attracts everyone's attention today is that northbound funds have ushered in an inflow of over 10 billion yuan. As mentioned earlier, the weakening of A shares during this period has a lot to do with the withdrawal of foreign capital from the US dollar interest rate hike. The strong movement of the RMB exchange rate today eliminated the concerns of international capital about the devaluation of RMB assets, and a large-scale inflow has resumed. As long as there is no continuous large-scale net outflow of northbound funds, there are still opportunities for structural market conditions in the Chinese stock market. For ordinary shareholders, it is now in the wait-and-see stage. If the index does not reach the 610 antenna, it will not technically support a larger market situation. With good technology, it can only be that small positions can enter and exit quickly in the gold pit at the bottom, but it is unlikely to eat big meat. Let's relax and celebrate the festival first, hone your skills, and wait for the market to come up with an opportunity.
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