Has the market ended this round of rise?Has the market ended this round of rise?Today's trend, with the roller coaster market closing, is really surprising and happy. Surprisingly, A shares went low after opening higher. It seems that the market in recent years is going low every time it opens higher. The big yinxian line similar to October 8 is still fresh in my mind, and today history repeats itself.
Happily, after the close, it stabilized at least above 3,400 points. Although the midday index fell further, individual stocks still rose by more than 2,800 points, with 115 daily limit stocks. At least not yet after the high opening and falling back, the market's general decline came. The turnover of Shanghai and Shenzhen stock markets is also 2 trillion yuan, and the volume exceeds 500 billion yuan.During the late decline of the market, individual stocks are still rising more and falling less. As long as there is no bad news in the evening, tomorrow's emotional side is expected to be more favorable to the market after it opens higher and goes lower today.It shows that the higher the market is, the higher the probability of the index going high and low is.
My thinking is that the current market does not have the characteristics of ending the rally. Although the A50 futures index fell more than 3%, the intraday index of A shares did not turn green.During the late decline of the market, individual stocks are still rising more and falling less. As long as there is no bad news in the evening, tomorrow's emotional side is expected to be more favorable to the market after it opens higher and goes lower today.2. On Wednesday, the market broke 3,400 points, and recently fell to 3,230 points, forming a double-top decline of 3,500 points, and then bottomed out at 3,230 points to form a double bottom, and walked out of the narrow range of 3,200 points and 3,500 points.