1. Yesterday, A-shares finally ushered in the first red of the new year with difficulty, which is not easy. But yesterday's trend I think is relatively weak, the Shanghai and Shenzhen two indices tick line up and down shocks, high resistance falls, and finally close with the upper and lower shadows of the doji chart, is proof. Moreover, the Shanghai and Shenzhen indices both stood at the 2,900 and 9,000 points mark respectively, but they still did not arouse the warm mood of the market, and finally both fell below the key point, I believe everyone is very disappointed with this.
Second, although yesterday closed up, but the downward trend has not been reversed, the Shanghai and Shenzhen two fingers are still located under the MA5 and other types of moving averages, the MA5 moving average broke down the MA10, MA20 two moving averages respectively to form two dead forks, the daily K-line chart is still a waterfall pattern rushing down, these are typical bearish arrangement signals, I think yesterday's rise is just a nap on the way down to rest for a while, in order to recharge and continue to decline.
3. Yesterday's A-share volume was only 687.3 billion, which happened to fall between my estimate of 680 billion and 720 billion, which is not a large amount compared with 670.5 billion on Monday, and it has been below the 700 billion mark for two consecutive days. Yesterday, the market went higher, and it did not arouse the emotions of the over-the-counter pick-up when it continued to fall, which really disappointed me, I have always said that the lack of volume support, the market is unlikely to continue to rebound, and yesterday's rise may just be a flash in the pan.
Fourth, I have previously expressed the view that I am not optimistic about this week's trend, the risk factor is indeed relatively large, the current A shares are still in a short technical form, yesterday's rise did not reverse this pattern, and the lack of volume support, so my view on Wednesday's A share trend is long overdue, welcome everyone around the comment.
1. The Shanghai and Shenzhen indices will open with a decline, and I believe that this possibility is relatively large.
2. The Shanghai and Shenzhen fingers in the intraday remain in a state of shock, and will eventually be the result of the green disk, everyone wait for the close to see if this is the case, if you are right, please come to praise, if you are wrong, please come to approve, I accept them one by one.
3. With the Shanghai and Shenzhen indices closing in the green, individual stocks will also be the end of rising less and falling more.
4. Of course, I believe that A-shares will eventually regain 3,000 points in the future, so let's wait slowly.