On Tuesday, the market was affected by the central bank's news on supporting carbon neutrality, and stocks such as electricity, green electricity, and new energy rose sharply, but they were only half a day's market. The military industry that got up in the afternoon did not even have a half-day market. The yang line was finally pulled out on Tuesday, but the candlestick looked like a yin doji. This led to a sharp decline in the broader market on Wednesday morning. Fortunately, in the afternoon, the market appeared a unilateral upward rebound, although it did not pull out the red disk, but the decline of the market at the close was not large, and on the K line we saw a so-called long leg with a long lower shadow. And that also brings confidence to the market, so on Thursday we saw a sharper rally in the broader market, led by the rise in real estate, the financial troika. Thursday's positive line reversed all the candlesticks for the first three days of the week. Friday's market continued to rise with Thursday's aftermath, but the gains were no longer comparable to Thursday's.
The ChiNext board continued to rise in small steps this week, the trend is not hurried, and the trading volume has steadily enlarged. At present, the rise of the index is not too big, but the transformation of the sector is still relatively fast. The main idea of the market this week is around the concept of metacosmology, this week's gains are not as large as last week, but the K-line structure is still on the rise, and next week pay attention to the performance of leading stocks in this sector.
Latest News:
The North Stock Exchange opens next Monday
The Beijing Stock Exchange, under the strong leadership of the China Securities Regulatory Commission and the support and cooperation of all parties, has gone all out to implement the preparations for the opening of the market. At present, the opening work of the Beijing Stock Exchange is ready and is scheduled to open on November 15, 2021. As of November 12, more than 2.1 million investors have made an appointment to open the authorized investor authority of the Beijing Stock Exchange, and more than 4 million investors can participate in the transactions of the Beijing Stock Exchange after the opening of the market. A total of 112 securities companies have obtained membership to become full members of the Beijing Stock Exchange. Since the announcement of the establishment of the Beijing Stock Exchange, the review and issuance of the selected layer will be carried out normally, 10 enterprises that have completed the procedures such as public offering will be directly listed on the Beijing Stock Exchange, and the relevant procedures for the transfer of 71 existing selected layer companies to the Listing on the Beijing Stock Exchange have been completed, and 81 companies will become the first batch of listed companies on the Beijing Stock Exchange.
Banking and Insurance Regulatory Commission: The real estate market should be "three stable"
On November 12, the People's Bank of China, the Banking and Insurance Regulatory Commission, and the People's Banking and Insurance Regulatory Commission held a party committee meeting to convey and study the spirit of the Sixth Plenary Session of the 19th Central Committee of the Communist Party of China, which involved monetary policy and real estate. It is worth noting that real estate-related content was mentioned in both meetings. The meeting held by the party committee of the central bank said that it is necessary to maintain the stable and healthy development of the real estate market. The meeting held by the Banking and Insurance Regulatory Commission said that it is necessary to stabilize land prices, housing prices and expectations, curb the bubble tendency of real estate financialization, improve the long-term mechanism of real estate regulation and control, and promote the stable and healthy development of the real estate industry. After years of policy regulation, the real estate market tends to stabilize and fall, but some cities have fallen too quickly and have also attracted the attention of the upper levels. What kind of signal does the "three stability" mentioned by the CBIRC highlight at present? Everyone can pay more attention to the future market.
UN Climate Conference: Glasgow Climate Agreement signed
The United Nations climate conference in Glasgow, England, has been two weeks long, and while some results have been announced, no one can predict that the conference could reach a comprehensive agreement just hours before the meeting adjourned saturday evening. In the end, a change proposed by India broke the deadlock, and nearly 200 negotiators from participating countries signed the historic Glasgow Climate Agreement. The coal era may face obsolescence, and new energy sources will replace it. Hydropower, photovoltaics, wind energy, etc. will become the focus of future energy development.
Weekly Session Review:
This week, the Shanghai market opened at 3491 points, the highest 3543 points, the lowest 3448 points, and the closing price was 3539 points, up 47 points, up 1.36%. The Shenzhen Index opened at 14451 points, the highest 14732 points, the lowest 14302 points, and closed at 14705 points, up 242 points, up 1.68%. The ChiNext opened at 3353 points, the highest 3446 points, the lowest 3338 points, and closed at 3430 points, up 77 points, or 2.31%. The biggest gainer we saw this week was the ChiNext board.
Motherboard Technical Analysis:
This week, the broader market has seen a sideways upward breakout. Thursday's big yang line brought greater confidence to the market. The market has been hovering around the annual line in the past few days, and on Thursday the market went straight up through the annual line, the 5-antenna and the 10-day moving average, and the trend is quite strong. This week's market low fell to the line of 3312 and 2646 points, which is also the ascending channel line this year. From this channel line, the market has been oscillating upwards for 8 months, this rising channel line is the second time to be touched in the year, when the third time is touched after everyone should be vigilant, and then fall through the market There is a possibility of counter-trend. Next week, it will be seen whether the market can break through the 20-day moving average, and the market is only one step away from the 20-day moving average on Friday. This week's 20-day moving average dead fork semi-annual line, next week's market 63-day moving average will be dead fork half-year line. If the market can stand on the first half of the year line next week, or even the 60-day moving average, then the future will be brighter, otherwise the support of the annual line will be broken again.
From a purely technical point of view, the large-cap day KDJ three-line golden cross, if not surprisingly, J value will advance into the overbought strong area early next week. The opening of the fast and slow line of the macD appeared to be glued, the green pillar pile disappeared, and the red pillar pile did not appear. Looking at the weekly line, this week the market pulled a small yang line with a lower shadow line, and the yang entity covered the yin entity of the previous week. Although the weekly candlestick this week once fell below the 60-week moving average, It closed back to the 60-week moving average on Friday, so overall it seems to be a surprise. At present, the 5-week moving average is about to die in the rapid downward pressure of the 20-week moving average, and if it can continue to rebound next week and stand on the 20-week moving average, then the plate can still maintain no fall, otherwise it will close below the 20-week moving average, then it will face the joint suppression of the 5-week and 20-week moving averages. The J value of the weekly KDJ bottomed out this week, the opening of the weekly MACD fast and slow line did not change much, and the green pillar pile is still enlarged, which shows that the mid-line adjustment trend has not yet ended.
GEM Technical Analysis :
This week, the ChiNext board has shown signs of an upward breakthrough, and finally let me see the trend of accelerating the volume. The CHINext also broke the 3400-point bond this week, and everything went as I expected. I also said last week that the CHINext can only rise and not fall in this place. This week, the GEM continues to move up along the 5-day moving average, and the 5-day, 10-day, and 20-day moving averages are all going up. The short-term line looks at the 5-day moving average, and as long as the ChiNext does not break the 5-day moving average, then the overall trend should have nothing to worry about. However, the J value of the daily KDJ is a little deviated from the disk surface, which should be paid close attention to next week. The daily MACD fast and slow lines rose synchronously, the opening did not change much, and the red pillar pile continued to enlarge. In the short term, there is no major change in the upward trend of the ChiNext board.
Looking at the weekly line, this week's ChiNext board showed a breakthrough trend, and the ChiNext board once again stood on the 3400 point line. At present, the 5-week moving average golden cross 20-week moving average, the ChiNext board relies on the 5-week moving average in a steady upward trend, and there is an acceleration trend this week. Weekly KDJ shows that the J value has been standing in the overbought strong area for two consecutive weeks, the weekly MACD fast and slow line is closed, the green pillar pile disappears, and the red column pile has not been released. This is the same as the MACD performance on the half-day line. The volume has been significantly released this week, the volume price is well coordinated, and it is expected to hit the 3500 point line next week.
Editor's words
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The column of Wang Hui, the author of this article, has been stationed in "One Fortune Knows", and the analysis of the previous market point range and the key focus sections have been recorded as audio. For more financial knowledge, please click on the lower left corner to go to the "Yicai Knows" financial knowledge learning platform.
Author: Wang Hui Editor: Leon Producer: Wang Junji Disclaimer: This article is the exclusive content of the "CBN Broadcasting" WeChat public account, please contact the background authorization before reprinting. This article involves individual stocks for reference only, does not recommend trading, and is not responsible for personal income.