There is good news from Sino-US relations!
On the news side, there is important news between China and the United States, and the fourth meeting of the Sino-US Financial Working Group is held!
It mainly focused on financial regulatory cooperation, financial market institutional arrangements, cross-border payment and data, sustainable finance, financial infrastructure, etc.
It has also become one of the reasons for the sharp rise in the market on Wednesday, and the intraday big finance led the market to a strong upward trend, of which the bank index once rose more than 2%;
It is worth mentioning that Fitch downgraded the outlook of six mainland state-owned banks to 'negative', but the direction of the banks has not been affected and continues to soar!
Judging from the index of the banking sector, since the beginning of this year, the index of the banking sector has risen by more than 15%, and a number of bank stocks such as Agricultural Bank of China and Bank of China have hit a record high again!
In addition, Yellen has repeatedly emphasized during previous visits that there will be no decoupling from China, which will bring disastrous consequences;
Personally, I believe that as long as the two sides continue to make substantial progress in the future, then our market is still a good stimulus, and foreign capital will continue to return!
Since the beginning of this year, foreign capital has continued to return to A-shares, and in the past 60 trading days, the net inflow of northbound funds has been 68 billion yuan, even in the case of exchange rate depreciation, there is no choice to flee, indicating that foreign capital is still optimistic about the rebound of our market!
Index Movements:
After the clarification in the village, A-shares came out of a strong rebound, among them, the three major indexes all rose more than 2%, recovering the mid-yin line that fell on Tuesday.
Will the market continue to rise in the future?
Let's talk about it!
Let's talk about the answer first, the probability of the market stabilizing and rebounding is relatively large!
The previous market decline was mainly affected by the impact on micro-cap stocks, and now the village has made it clear that it is not for micro-cap stocks;
Next, some micro-cap stocks with excellent performance and wrong kills will continue to rebound and repair the market!
Personally, the short-term adjustment of the market is basically in place, and the bald head and bare feet of the long white line also means that the short-term upward trend is more obvious, and the short-term market may continue to attack 3100 points!!
Can it be broken through at one time? Mainly see the trading volume!
At present, the market volume on Wednesday has shrunk, if in the follow-up rebound, the market does not make up for the upward attack, it is likely to rise to 3090 points, and once again meet resistance and fall!
If you want to break through 3100 points at one time, then the amount of energy must be maintained above the trillion, otherwise it is very likely to be the same as the previous markets!
In the second half of April, there is still a disturbance in the market performance thunder, as well as the impact of the May Day holiday, and the pre-holiday funds will also tend to hedge!
Personally, I think that the probability of the market breaking through 3100 points at one time is relatively small, and it is very likely that it will encounter resistance and fall back again near this area, and go through repeated shocks.
Even if there is no recovery of 3100 points before the holiday, it doesn't matter, the probability of recovering 3100 points after the holiday is still relatively large, in the short term, the market is still at 3050 points and repeatedly fluctuates the market!