Introduction:On September 10, the market swelled and fell twice, with the three major indexes volatile rebounding, the Shanghai Composite Index and the Shenzhen Composite Index rose slightly, and the ChiNext Index closed up 1.27%: the trading volume of the Shanghai and Shenzhen stock markets was about 1.98 trillion yuan, a decrease of 140.4 billion yuan from the previous trading day; more than 2,700 individual stocks fell, with a median increase and decline of -0.07%. In terms of sectors: Oil and gas stocks led the rise throughout the day, film and television stocks remained strong, short drama concepts and tourism stocks were active during the session, and most computing power and hardware stocks rebounded strongly; energy metals, batteries, wind power equipment, photovoltaic equipment, PEEK materials and other sectors ranked among the top in the declines.
Yesterday's closing comment article prompted that "the direction of computing power hardware is expected to usher in a rebound in stock prices." This analysis was verified today by the real-market-driven by the collective strong rebound of computing power weight stocks, the ChiNext has also been relatively stronger today. However, the volume of the two markets has further declined. In the past 20 trading days, the single-day trading volume has fallen below the 2 trillion yuan mark for the first time!
Today in the VIP customer platform [Noon Review], Qian Ge made a brief analysis and reminder on the topic of "The rebound of the ChiNext Index cannot stop the dead cross of the daily line, and the recovery of computing power stock prices will not be 'topped'" -
Just 10 minutes after the afternoon market began, the ChiNext Index and the Science and Technology Innovation 50 Index both rose by more than 2%, posing as if they were preparing for a violent counterattack. But it is very subtle that during the rapid upward trend of the index, the volume of the two markets fell instead of rising (the live broadcast of pictures and texts has timely reminders), which also means that this wave of pull-up is difficult to sustain.
From the closing pattern: The Shanghai Composite Index fluctuated narrowly between the 10-day line and the 20-day line and was subject to a splint air; the Shenzhen Composite Index and the ChiNext fell below the joint support of the 5-10-day line again in the early trading, but the closing was still above the 5-10-day line; the ChiNext closed today and confirmed the daily cross, which was 4-5 trading days later than the Shenzhen Composite Index and the Shanghai Composite Index; in general, the daily trends of the three major indexes are still weak.
Combined with disk analysis: The direction of computing power and hardware has rebounded as scheduled today, but the sustainability is difficult to guarantee; other hot spots of intraday movements today are mainly manifested as emergencies driven (such as the leading oil and gas sector) or small and medium-sized marketing theme speculation (film and television, short drama, tourism, etc.), and their influence and size are not enough to drive the market focus to continue to rise.
Can computing power hardware quickly reverse the package upward and re-promote the market? In theory, this is possible, but at least the current daily trend and the coordination of quantity and price are not enough to form a technical logical support - if you really want to reach the previous high, you should be more careful and quickly construct the risk of "double-headed".
If the technology group further collapses, first see if the "anti-in-roll" direction can usher in rotation.
