Just now, the stock market fell sharply again, conveying a lot of information

time:2023-03-24 00:00:52 source:clevelanddrifters.com author:Trend
Just now, the stock market fell sharply again, conveying a lot of information

The stock market just now is very interesting, because the stock market has gone out of a wave of high-opening and low-going market. In the early trading, the three major A-share indices have consistently gapped and opened higher. However, the good times did not last long. The index fell sharply again. In particular, the intraday decline of the ChiNext Index has even exceeded 2%, and it is still going down all the way, and the situation is not very good. However, when the stock market fell sharply again, a lot of information was conveyed, mainly Which are there? First, it can be seen that the big drop of the ChiNext is a one-step fall method, because the ChiNext fell directly to the vicinity of the 900-day moving average, and the market stopped falling at the 900-day moving average. Whether it can hold up, however, is the question. And once the ChiNext Index falls below the 900-day moving average, it will be below all moving averages. Then, the strength of the holding plate above is not small. In this case, the pressure on the ChiNext is the greatest. Not only that, most of the moving averages above the ChiNext are in a flat trend, which shows that the market's floating chips are reluctant to leave the market, and they are still covering stocks, which will further increase the market's wash-off risk. Second, the decline of the Shenzhen Component Index is not small, and the intraday decline is as high as more than 1%. Moreover, if you look closely, in fact, the Shenzhen Component Index has experienced a five-wave decline that is not very obvious, and now it is the first In the five waves of the market. In the author's opinion, after the fifth wave of decline, the overall downside risk of the Shenzhen Component Index will inevitably shrink. Why? The main point is that the downward momentum of the Shenzhen Component Index is constantly weakening. In terms of volume and energy indicators, although the Shenzhen Component Index has just fallen sharply, it has received a clear sesame point, which is obviously a manifestation of insufficient decline in volume and energy. One point is important. Therefore, the fifth-wave decline of the Shenzhen Component Index is a wave of divergence and decline. Then, after the fifth wave is over, the Shenzhen Component Index is expected to start a wave of stabilizing and rebounding, and now the Shenzhen Component Index has fallen below the first wave. The low of the four waves. Therefore, the fifth wave is unfolding. Third, the situation of the Shanghai Composite Index is more complicated. Originally, the Shanghai Composite Index was also expected to get out of the five-wave decline. However, there was a problem in the fourth wave. Therefore, the Shanghai Composite Index is still running in a sideways range. The current Shanghai Composite Index has only started to fall from the high point of the sideways market. It is very likely that it will stop falling at the low point of the sideways market, and it is very likely that it will fall below the 900-day moving average, because the low point of the sideways market is at 900. below the daily moving average. Because, in the author's opinion, just now, the stock market fell sharply again, conveying a lot of information. This information is only one point. The Shanghai Composite Index will have limited room for future decline, while the Shenzhen Component Index is in the fifth wave of decline. The ChiNext Index has fallen near an important support line. At present, just now, the overall bullish atmosphere in the Shanghai and Shenzhen stock markets is still very weak, and it is still dominated by bears. Moreover, what is interesting is that A-shares once again went out of the market with the decline but not the rise. Because today's Asia-Pacific stock markets are basically in a rising trend, including the Hang Seng Index, mainly because the US stock market stopped falling and rebounded last night. Although the increase was not large, it also played a boosting role in the Asia-Pacific stock market. However, A-shares were only affected by a certain linkage when the market opened. After the market opened, they went out of a wave of falling prices again. It may also be because the decline in A-shares yesterday was not large, and today is considered to be compensating for the decline. Quotes up. Judging from the situation on the disk, more than 3,000 stocks in the three major A-share indexes are in a downward trend. Although the banking sector has indeed come out to support the market, the effect of the support is still not obvious. Therefore, to sum up the above, the author believes that there are still risks in the Shanghai and Shenzhen stock markets, and the bearish sentiment has not been fully released. In this case, it is safer to use static braking, which is not suitable for blindly entering the market. .

(Responsible editor:Individual stock analysis)

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