The Shanghai Composite Index is in a state of strong sideways shock, and in the face of the sideways shock of the Shanghai Composite Index and the nine articles of the new country, how do you see and deal with it? As shown in the figure below:
Specifically, since the Shanghai Composite Index touched the spatial fluctuation regional demarcation line of 2980 points upward on February 21, 2024 and was subject to the secondary spatial fluctuation regional demarcation line of 3100, on April 17, 2024, it has reached 39 trading days, and has been fluctuating up and down within the 120-point spatial area. As shown in the figure below:
How do northbound funds deal with the sideways movement of the Shanghai Composite Index?
In the last 20 trading days, the net buying is slightly less than the net selling, and the overall is firmly optimistic about the market outlook. As shown in the figure below:
The after-hours review analysis on April 17, 2024 shows that the artificial intelligence sector, as one of the main lines, has been verified by large capital changes.
To sum up, most of the predictions of China's stock market opening a new long-term slow bull market and the subsequent series of analysis views are basically reliable, and with the backward time and space, they are slowly and gradually being verified by the market. The Shanghai Composite Index is in a state of strong sideways shock, which is the strongest pullback pattern, and the completion of a platform is equivalent to the completion of a large-band callback and bottoming process. The main digital economy direction is dominated by the artificial intelligence sector, including the Huawei concept, the chip concept and other sectors, which are being verified by the new national nine articles and their supporting reform measures, and the main line of new energy is dominated by the photovoltaic concept plate, which is also being verified by the new national nine articles and its supporting reform measures, and has been undergoing the verification of annual reports, quarterly reports and growth results, waiting for the results of large capital changes after the results of the serious involution of the industry market competition after the quarterly report. Covering these two main directions, there are also state-owned enterprise reform sectors and new energy vehicle sectors.