Today, A-shares continued to fluctuate around 3800 points narrowly for a whole day. The market looked a bit boring, but fortunately, the index still stood above the 3800 points and the 5-day line. However, it is worth discussing that the trading volume of the two markets fell below the 2 trillion mark, and the market trading activity has significantly weakened as funds settled. So how will the stock market choose its direction tomorrow? Is it a black Thursday or a red Thursday?
Look at the data first. There were 2,442 stocks rising in the two markets and 2,769 stocks falling in the two markets. The long and short stocks reappeared in a weak balance pattern, indicating that the short momentum of individual stocks has been alleviated after two consecutive days of general decline. Looking at the time-sharing market, the main ones that jumped up and down today were white horses and technology stocks, and emerging industries also stabilized as expected. The funds at the bottom were a little eager to try. It seems that tomorrow's red Thursday is very popular.
In terms of sentiment, there were 47 stocks hitting the daily limit in the two markets, 3 stocks hitting the daily limit, and 70 stocks with a drop of more than 5%. Data shows that the relay sentiment is still in a relatively sluggish state, and Tianpu is the only one, but the sector echelon is obviously short of, and hot money has not yet formed a new focus. This is also directly related to the recent random rotation of the sector. Continue to wait for the new cycle to begin!
In terms of sectors, the mining industry, communication equipment and tourism hotels led the rise, while energy metals, jewelry and batteries ranked the top in the declines, traditional industries were also rotating randomly, and emerging industries were also collectively recovering today. Only Ningwang resumed production has put a suppression on lithium ore and batteries. Originally, photovoltaic cells were the focus of the relay echelon, but after such a crash, the rotation situation later became even more complicated.
Comprehensively speaking, the market continues to fluctuate and consolidate in a narrow range today, which is directly related to the fast-paced rotation of the sector. After all, on-market funds are no longer in touch with the direction, and off-market funds will only be more confused. Fortunately, foreign capital is still scrambling to raise Chinese assets in Hong Kong stocks, and A-shares closed red as scheduled today. It is likely to continue to fluctuate and rise tomorrow to break the curse on Thursday. Just keep holding the stock and wait and see!
First, domestic institutions had a net outflow of 10.5 billion yuan, and Hong Kong stocks continued to rise sharply and hit new highs! After Chinese stocks continued to rise sharply yesterday, Da Ge reminded in a long article on the Morning Post that today's emotions are good for A-shares to continue to rise. According to the final result, Hong Kong stocks have been stronger than A-shares this Thursday in recent Thursday, mainly due to the incremental support of foreign capital.
Domestic institutions have a net outflow of 10.5 billion today, and the selling pressure has also weakened significantly. However, the three short-pressure cars some time ago, insurance funds obviously need to be political, and the above must control the rhythm. It is impossible to continue to sweep the goods and squeeze the short-pressures in a large scale. As the money-making effect weakens, they dare not continue to charge. Next, it depends on how much foreign capital can achieve this wave. The overall safety of A-shares in Hong Kong stocks is constantly high!
Secondly, emerging industries have recovered and rebounded, and traditional industries have difficulty focusing! I also talked yesterday that the market style switching cannot be completed in one day. Emerging industries are likely to be repeated. Before they finished speaking, the CPO in the morning session was boosted by the positive news of the outside world and showed a strong counter-market. Unfortunately, although the industrial logic is strong enough, the chips are loose after the short-term rise, and finally the trend of huge shock was performed during the trading session!
Even the big hot money is defeated here. Brother Da can't say much. If you dare not buy low when the price falls, it is best not to chase it, because the price of stepping on the wrong rhythm will make you feel pain! As the photovoltaic cells and energy metals that have been crossing against the trend in this round of counter-trend have also been smashed, the market has entered a chaotic and disorderly rotation cycle. Next, it depends on whether the most sensitive hot money can break the situation first.
Finally, there are no new changes in the technology, so continue to wait for the market to choose its direction! I will explain here why we have to wait for the market to choose the direction, because the space for setting a new high up and breaking the trend down, but the results represent a very different one. The upward breakthrough means that the 3-wave main upward end is still the end of the 4-wave adjustment. At that time, with the formation of the multi-cycle top divergence structure, it is necessary to actively prevent the 4-wave adjustment.
If you break the short-term trend line down, it means that you are currently in the 4-wave adjustment cycle. With more than half of the time spent, the lower the space adjustment, the safer it will be. At that time, you must actively buy at the bottom and go long. Because after this short squeeze hit a new high of 3888 points, I only judged that there was a huge shock and differences. Now I have been trading sideways for three consecutive days, and the fluctuations have also decreased. I need to wait for the market to take a new direction instead of betting!
To sum up, The CPI data released today is lower than expected, but the expansion of core CPI growth shows that the consumption promotion policy is still useful. It is not ruled out that there are strong stimulus policies in the next fourth quarter. The future market is not pessimistic, but you need to pay attention to the rhythm in the short term. Da Ge judges that the probability of A-shares continuing to fluctuate and rise tomorrow is high. I blindly guess the red Thursday!
The general trend here is unclear, so continue to take one step at a time, and make steady progress step by step, striving to avoid damage to the fundamentals in the adjustment cycle, so that we can better make upward waves later! Follow me, I am @trend radar 168!
