Hello everyone, I am tangled on Xiaojiu, today for everyone to share is: 2022, the first trading day of the stock market, the entrepreneurial sector index multi-level joint analysis!
The startup sector rose from 1184 points on October 19, 2018, to 3576 points on July 22, 2021, an increase of 2369 points, more than doubled.
At the daily level, the startup sector forms a daily level segment type of upward trend. Starting from the highs, a three-segment consolidation daily level has been formed today. So when will the downward section of the daily level end here? We have to see whether the downward trend is divergent or not.
As can be seen from the chart of the weekly line above, the downward pen behind is still extending, but the yellow and white line has broken the 0 axis, and the column is still extending, and the area of the column is also greater than the area of the previous column, so the downward movement type of the daily level is not over, waiting for the back to go up again, and then analyze whether it is divergent, or a small turn to form a 2 buy point, intervention.
An upward segment is formed on the weekly level, and the downward segment has also been formed, where the high probability is a weekly level of the second buy point.
Combined with the trend of the upper monthly level, the daily line segment class rises and the weekly line rises a section, breaking through the 0 axis of the MACD on the monthly line, and is now an extension of the downward pen of the monthly line. From the monthly level chart, it can also be confirmed that the downward trend of the daily line is not completed, and it will be extended later.
Today's analysis of the ChiNext index is here, you can find my previous sharing, which has a specific analysis and grasp of each level. Thank you!