There are still half an hour to close, I don't wait for the closing, just send a headline to say, yesterday saw an APP push message: the Gem into a technical bear market! I turned my head and found that someone on the headlines was talking about the bottom of the ChiNext index yesterday, and I left a message saying that it is still early to read the bottom of the technical bear market.
I feel that I should still draw a picture and say it, after all, there are too many people who copy the bottom. Some people may intimidate me: If you copy the bottom of the certificate, others can't copy the bottom of the GEM? It should be noted that the bottom and the bottom are not the same. I succinctly started from the weekly line, and said many times that I wanted to set the daily line from the weekly line.
As shown in Figure 1 is the chart of the Shanghai Securities, before the festival I was betting on it on the horizontal line above to stop falling, if it does not fall, see if the position of the horizontal line two can be stopped. That's still the way it is. The result was a good start, the three major indexes closed red across the board, then this week was stable. The SSE has remained stable for three days. Today I kind of want to change the disk, but I don't shout to copy the bottom, after all, there must be a bottom to copy the bottom.
Look at the ChiNext board, the New Year opened well, but it does not go up and down, the target of the fall is not seen anywhere, what bottom? If this is the weekly line, it is necessary to wait, wait for its long yin and short column, and then open upwards in the following weeks, and then copy the bottom not too late.
If you can read the bottom from the daily line, as shown in Figure 3, it should also be with the big capital V when you can copy less, yesterday to see the red on the bottom is not right, because others first hand. If the back does not break the lowest point of the day before, it can also be less than the bottom of the point, such as broken, and so on to the next structure.
Figure four, from the hourly chart can be clearly seen, the big money is when everyone panics, yesterday the end of the market out, then today can only see, wait for the arrival of the oversold moment. Wait for the next structure. After all, it is currently in a downtrend.
This is to look at the weekly line, the fixed daily line.
