First, yesterday's A-share Shanghai and Shenzhen two indices both closed up, this is the first rise after three consecutive days of falling, or will send a signal to the market to stop falling and rebounding, Shanghai and Shenzhen both indices closed with the lower shadow of the red K-line chart, which or in the lower occasion will provoke the follow-up of the bottoming Bo rebound force, yesterday's big shrinkage, I estimate that today will be a day of volume closing.
Second, although the Shanghai index rose slightly yesterday, but the individual stocks are close to the general rise state, which shows that yesterday's market is actually relatively strong, if it is not for the banks and the oil sector to drag its feet, I estimate that the increase will reach a level close to 1%, I believe that today will be a day to make up for the rise.
3. The Ministry of Industry and Information Technology and other seven departments issued documents to promote the renewal of equipment in the industrial field, involving many conceptual sectors of A-shares, including new industrialization, artificial intelligence, industrial Internet, Internet of Things, 5G, photovoltaics, power batteries, industrial robots, industrial machine tools, edge computing, etc., which are expected to rise today, thereby driving the market upward.
Fourth, in general, the Shanghai Composite Index rose slightly yesterday, and there will be a demand for replenishment today, so my views on the trend of A-shares on Wednesday are long overdue.
1. The Shanghai and Shenzhen indices will open with gains, and the Shanghai Composite Index may open above 3050 points, I believe this is it.
2. The Shanghai and Shenzhen indices will fluctuate upwards during the session, and will eventually close with gains and close in the red K-line chart, and individual stocks will also rise more and fall less. Today's power equipment, wind and solar storage, new energy vehicles, medicine, e-commerce and other sectors will be the main driver of the broader market, and the Shanghai Composite Index may close above 3058 points.
3. But I'm just temporarily bullish on Wednesday's A-share trend, the risk factor is still relatively large, and the CPI and PPI data will be released at 9:30 tomorrow morning, and the current expected data are weaker than the previous value, please be appropriately cautious.