When the Shanghai Composite rose to 3060 points, the bears became stronger, and the major indices gradually fluctuated and fell into green and turned down, and there was even a diving action in the intraday, so that the chips chasing high were trapped.
First fake pull up to lure more and then pull back the next set, such a trend is really a headache and depressing! What is the reason behind the A-shares, obviously want to rise but can't rise?
Reason 1: Because the amount of A-shares has been insufficient, the recent volume of A-shares can be maintained at more than 700 billion, such a huge market value can not be pushed up by these funds; the rise and fall of the stock market itself is driven by funds, and without funds, the stock market will lose momentum, and it will inevitably not rise.
Reason 2: Because today's A-shares are not obviously driven by heat, some snack sectors are ready to move, such as cyclical stocks rising and falling, technology stocks are also weakening, and even financial stocks are also maintaining shocks;
Reason 3: Because today's A-shares have been suppressed by technical resistance, the current 5-day, 10-day and 20-day moving averages are basically glued, and have formed a rising resistance; similar to today's rise to 3060 points, the market selling pressure chips have increased, and the stock of funds is fleeing.
Reason 4: Because A-shares have been sideways for too long, the market and investors have lost confidence and patience in the current A-shares, and investors' patience is limited. Holding a wait-and-see atmosphere, everyone's willingness to participate is not strong, the holdings of the shares, the wait-and-see, the lying flat, this is the actual situation of the current A-shares, and the stock market is difficult to improve under such an environment.
What should A-shares do tomorrow?
The A-share bulls have tried to pull up today, wanting to break through again, but in the end they were still suppressed by the bears and could not rise, which is enough to prove that the upper resistance and selling pressure are large, and the market will not be better tomorrow and Friday.
It is predicted that tomorrow's A-shares will open slightly lower, and the same low opening will create a false pull up temptation, and then slowly fluctuate and fall, and will enter a general downward trend; due to the influence of many factors such as the large selling pressure in the secondary market, the resistance of the moving average, the lack of energy and the lack of confidence, etc., we are not optimistic about the trend of tomorrow and Friday.
It means that tomorrow and Friday will still be dominated by a weak and generally falling market, and the bears will be slightly stronger, and small and medium-sized theme stocks will also be weaker, which stems from the following two points.
First: the current A shares have no momentum to rise at all, the bulls and bears have been in a stalemate, since it can't rise, the trend of tomorrow's A shares will either fluctuate in a narrow range, or shock and decline, it is estimated that the probability of tomorrow's shock and decline will be greater, the reason is that the market selling pressure chips are getting bigger and bigger.
Second: At present, A-shares are facing factors such as lack of confidence, lack of motivation, lack of energy, lack of money-making effect, etc., and the impact of these unfavorable factors is unfavorable to A-shares;
To sum up, today's A-shares generally open low and fluctuate, and want to rise and rise, which is affected by many factors such as average resistance, plate differentiation, market volume and confidence, and sideways status, and the rise and fall will be limited, and such a market will be broken sooner or later.
When the stock market enters a deadlock, the operation can only choose to see more and move less, and static braking is the best countermeasure, and patiently wait for the good opportunity after the A-share change.