A shares: what does it mean to accelerate the decline in late trading? Outlook on Wednesday!What does it mean to accelerate the decline in late trading?The high opening and low going of the index are nothing more than the T+1 trading mechanism, quantitative funds, poor short-term market trends and other reasons, resulting in a high probability of the stock market opening after news stimulation and low going due to emotional influence.
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.Then, the early morning index opened higher and went lower, and the late session accelerated, which means that the market divergence will affect tomorrow's market. Can be known from two pieces of information.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.
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.If today's rising market will bring the trend of stepping back to 3230 points for the later trend, then the high point of the market today and the high point of 3509 points in November are expected to form a double-top shape, which is the signal that the current round of rising at 3227 points is over.There are two evolution processes in my forecast of the market outlook:
Strategy guide 12-13
Strategy guide 12-13