The market is building a bottom, don't chase the rise
Today the state continued to do the amount of MLF in the early stage, but the market did not appear to be expected to reduce the RRR, again on the investor's sentiment has been interfered with, these two days in Hong Kong because of public holidays, there is no disturbance of northbound funds, these two days can be said to be our field of funds game, I thought these two days will be combined with the expectations of the relevant RRR cut, plus their own home, the market may come out of the same pattern, but the result, is not very close to people's expectations.
As of the close, the Shanghai index fell 0.45% to close at 3211.24 points; the Shenzhen component index fell 0.56% to close at 11648.6 points; the ChiNext index fell 0.24% to close at 2460.36 points. The turnover of Shanghai and Shenzhen cities today was 911.2 billion, 41.1 billion yuan from the previous trading day.
From the current daily chart of the three major indexes, the ChiNext index today once again created a new bottom, the overall market is still relatively weak, the real market bottom, may appear at the end of this month and the beginning of next month, the market as a whole is still maintaining a shock trend pattern, do not chase high, this week's trend I believe everyone also saw, the market does not have a mainstream plate, yesterday rose good, today may be a board. From today's deep index 1-hour pattern, the overall is still maintaining a shock pattern, and the hourly pattern has also formed a box, for such a pattern is a good judgment, just wait for the market to make a choice, homeopathic operation can be, the target of the rebound, still look at the position of the previous 1 hour small platform. Basically in the position of the previous gap, the strategy is still to continue to wait until the market bottom really appears.
Northbound funds, due to today's Hong Kong public holidays closed today. Without the disturbance of foreign capital, these two days can be said to be a game of funds in our field, and the mood of investors is too bad.
This week the market is still running a shock pattern, and the weekly line is still not very good, the Shanghai index fell 40.61 points, a decline of 1.25%; the Shenzhen index fell 310.7 points, a decline of 2.6%; the ChiNext index fell 109.55 points, a decline of 4.26%, from this week's trend point of view, the ChiNext index once again created a new bottom, the Shenzhen index is relatively close to the previous bottom point, if the Shenzhen index also created a new bottom in the later stage, then the Shanghai index will sooner or later create a new bottom, this hope that everyone should be aware of it. Although the index has reached a new bottom, there are many sectors that have begun to buck the trend, and such sectors are what we will focus on in the later stage.
Disk overview: The market fell slightly throughout the day, and the ChiNext index bottomed out and rebounded to a new low. On the disk, the banking sector strengthened in the afternoon, and many other sectors rushed higher and fell back. In terms of decline, the logistics, tourism, construction and other sectors fell into an adjustment. In general, individual stocks fell more than rose less, more than 3600 stocks in the two cities fell, in terms of sectors, China Shipbuilding, Banking, Food Processing, CRO and other sectors rose in the front, logistics, tourism, prefabricated construction, virtual digital people and other sectors fell in the front.
Operational Policy:
At present, the market rotation is very fast, do not chase high, otherwise, the floating loss will expand rapidly, or patiently wait for the emergence of the market bottom, or that sentence, this position is not pessimistic. Go ahead and select stocks. Good stocks must be prepared in the early stages.
Position control: 40% of the overall stock position (robust is above)
Other assets (60% of the funds): It is recommended to allocate bond funds, or fixed income + funds, and do not easily use this fund without a big opportunity. This year, there are still many uncertain events, and the volatility will be relatively large. Do a good job of configuring the asset on. The main line of the market will not come out until after the annual report.
This year's purpose is to seek stability, to stabilize the mainstay, fundamentals: in the first half of the year, only do stocks with performance support, the current sector can be concerned; big finance, new and old infrastructure, household appliances, home, building materials, agriculture, forestry, animal husbandry and fishery, tourism, real estate and other sectors, mainly low suction, do not chase high. Individual stocks are still mainly based on stable performance expectations and undervalued varieties, and related wide-based indices can also be allocated at the bottom, + technically: only do beautiful stocks. Avoid stocks with poor performance and losses. (The above views are for reference only)