Both stock indexes closed lower on Friday and continued to fall slightly in recent days. Global stock markets have fallen sharply, the big inflection point may come, and the last punch of A shares may have ended.
European and American stock markets fell sharply across the board, and as of press time, Dow futures fell more than 2% at one point. South Africa has discovered new variants, which are said to be more contagious and threaten to invalidate the vaccine. This will indeed cause market concerns, but I personally believe that it is only the fuse, and the core driver behind the sharp decline is that the stock market bubble is very large, and the liquidity inflection point has arrived. What happens if there is no virus message? I think global stock markets will also fall, but only less. We judged last week that US stocks are likely to close lower this week, and this judgment is correct for now. From the perspective of S&P futures, the previous daily MACD formed a top divergence, And Monday's rush back was originally a high signal, and the decline was normal, and the virus could not be backed. The epidemic has long been not the main factor affecting the market, and the focus should not be on this aspect.
The United States will once again face the problem of debt upward next month, which is an unsolvable problem, if it does not rise, the stock market will fall directly; the increase may rise in the short term, but a greater crisis will brew in the medium and long term, and the market will certainly make this expectation, but it is only to postpone the decline again. In addition, Fed policymakers believe that high inflation is likely to persist longer than previously expected, and expectations that high inflation will weaken next year become more uncertain; more than one person believes that it should be prepared to accelerate Taper and raise interest rates faster than expected when inflation continues to be high. The stock market that rises by releasing water is a "buffalo", and the ultimate fate is to be slaughtered and the end of the bubble is punctured. The possibility of the US stock market peaking here is very large, and now it is the historical peak area, and it is likely that the highest point has appeared!
In terms of A-shares, the ChiNext board continued to fall for 4 days after Monday's jump rally, which is not a normal adjustment model, but more like a one-day model. From the perspective of the deep index, Monday's big Yang line has been eaten, and the gap has been filled. The gap in the ChiNext board is also expected to be filled next week. The ChiNext Composite Index has 7 consecutive yangs per week, which means that the probability of closing negative next week is very large, similar to US stocks. The high point of the ChiNext board does not rule out that it has appeared, and the gap between the middle school and the long yin next week will at least see the second high, and the future re-rush is also the process of building the top.
The prelude to the global stock market crash may have begun, and there may be a good drama to watch next month. (Source: Public number "Black Mouth Terminator")
This article originated from the Financial Circle Network