How to operate after the Shanghai Index ladder is three consecutive yangs?Can 2904 stand firm?
The Shanghai Composite Index rose 3.03% to regain 2,900 points, the Shenzhen Component Index rose 2%, and the ChiNext Index rose 1.45%. The transaction volume was nearly 900 billion, and the Chinese word set off a rising tide, and the engineering consulting, shipbuilding, insurance, real estate, media, mining, and oil industries were among the top gainers.
The Shanghai Composite Index successfully regained three lost ground today. In the daily level, an increasing gradient of the triple yang was formed, and the body of the yang line is gradually getting larger, 012 in the figure below forms an effective bottom parting, today's number 3 directly regained yesterday's high, and half of the body of the previous two yin lines successfully recovered, and stood above 2904 points.
The three models that have been highlighted for the last two weeks are again highlighted today. Because tomorrow is about to close the weekly K-line, according to today's trend, all three models will be cashed out. On Monday 22nd, the article "Three models of new lows tell you what to do next?Go to the weak and stay strong to be the main rising wave!", as shown in the following figure: Shanghai Index weekly K-line chart, the first model, the descending channel line trading rules, last week hit the lower rail, this week after the lower track closed, are the opportunity to enter the market; the second model, 123 for three consecutive weeks of closing price decreased, the lower shadow line became longer to form a potential bottom model, as long as the Shanghai Index this week's closing price is greater than last week's closing price of 2832 points, the next bullish;
The third model, the big V yin line strategy, last week out of the big V yin line, the lower shadow line is greater than the yin line entity, the yin line entity is greater than the upper shadow line, this week as long as out of the yang and yin, the future will rise three times the height of the lower shadow line, today successfully received 2904 points above, as long as tomorrow continues to maintain, everything is just around the corner. It rose another 216 points.
The specific model forgot to look at the article published on the 22nd, which has been emphasizing that after the stock stopped falling, it began to rebound, so have you calculated the target level of the rebound? The dividing line between one-half strength and weakness has completely stood at 2850 points today. The next most important thing is tomorrow. As long as it closes at 2904 points, then 3120 is not a dream. If you can't gain a foothold at 2904, you need to see if the support level of 2850 is valid.
Recently, the difference between rebound and reversal has been emphasized, when the stock is no longer a new low, it begins to rebound, and the rebound returns to the previous high nearby, there is a reversal, how to judge the specific reversal? Not only by the height of the rise to judge, but also a specific trading model. As shown in the chart above, after the rebound target level is reached, it begins to move out of the RH structure after the low and low are raised. This is the classic Jessie Livermore's model of strong inversion of the RH structure.
In order for you to better learn and apply this model. I drew a simple diagram of the model. First of all, the position of the stock price 3 does not make a new low. A low elevation of 1 and 3 was formed. When the K-line marked that does not hit a new high for the first time breaks through 2, the highest price draws a horizontal line to the right, and this horizontal line is broken through again before the best time to reverse and buy. This solves the embarrassment that many people buy as soon as they see a breakthrough, and they are set when they buy a fake breakthrough. Have you learned? Learn this method to easily find the ultimate reversal buying point for strong stocks. If so, see if your stock already has this model. More practice, more practice, easy to make money.
Wang Xue (Elf Chat Stock) Certificate No.: A0820614040001
[The above content only represents personal views and does not constitute a basis for trading, the stock market is risky, and investment needs to be cautious]