Shanghai 50 Will Form A Big Gold Fork, Pessimistic About Market Demand.

Perhaps, the recent stalemate in the stock market also reflects some funds' divergent views on the valuation of the A share market. It is worth mentioning that, in the context of the A share market volatility continued to decline, the daily turnover of the stock market can further take a step further.

Retrospect equity market The average daily turnover level is in the early stage of the active stock market. The total volume of the two cities can basically maintain at the level near 700 billion yuan, while the scale of the two financial balances also shows a pattern of rising water and high shipping. However, up to now, although the operation of the two financial balances has shifted slightly, the recovery rate of the two financial balances is still slow, indicating that the new liquidity influx is not strong.

At the same time, the average daily turnover of the A share market is only 3 or 400 billion yuan, and the average daily volume has basically set up a very recent level of extreme volume. However, from another perspective, in the context of a sharp decline in stock market volatility and a continuous shrinking stock market volume, in fact, it implies that the stock market will face a stage of directional change.

nowadays index The space is still relatively narrow, from the amplitude point of view, although the jump up on Thursday, but also 19 points, but a little more than the previous 12 points, but still narrow space; similarly, the current shrinkage situation is very obvious, on the one hand, it shows that the market is very light, on the other hand, it also shows that enough quantity can not be enough.

Today, pessimism and optimism are not necessary for the market, which is the trend of the band in the slow bear market. As a result of the game of stock funds, quantity can be a good indicator. The upside must be peaty, so that it can quickly recover the lost territory. Otherwise, there is no volume and no market, it can only be a grinding trend. This is the main point of the recent market.

At present, there is a better point in technology, that is, the 60 day moving average and annual line will be formed. kdj You can take a closer look. At present, the two average moving average is only 4 points, close to 2 points per day, that is to say, the 60 day average and the annual line of the Shanghai 50 index will stick together next week.

From a technical analysis point of view, if the index remains above the 60 day moving average and the 60 day average line and the annual line form a golden fork, the hope for the gradual strengthening of the latter market is relatively large. In addition, the Shanghai 50 index is not enough to form a golden fork, and the Shanghai composite index is also a gold fork.

Technically, yesterday, the market went down sharply and closed out the small line. The rush rate was higher than the first hour, but it was higher in the first second hours and then dropped down in two hours. The amplitude of the whole day was only 19 points, although the amplitude was slightly larger than that of the first two days, but the stocks rose more than 2% of the less than 300, or more than 3%, less than 180, indicating that the market trend is still very weak, and the stock earning effect is not strong.

US stocks rose again yesterday. Since the US stock fell a few days ago, it has basically recovered its lost territory. However, following the fall of A shares, it is still hovering under the gap of the gap. It is clear that the A shares should follow the external stock market. It is suggested that everyone should be cautious and take a low interest in the market, but it is not recommended to catch up.