laitimes

A-shares: Suddenly the market smashed again, but the situation is different

author:Spark Capital

Today's stock market is very weak, at the opening, there was a wave of gap low opening market, but, to be honest, the opening gap is not large, can only be regarded as a slight decline in the market, moreover, in the intraday, the opening gap was repaired.

However, the good times did not last long, and then suddenly smashed again, especially the phenomenon of the ChiNext index smashing was more obvious, but the Shanghai Composite Index appeared to be more resistant to falling today, and the decline throughout the day was not large.

That is to say, the phenomenon of polarization in the market today is still relatively obvious, and the phenomenon of smashing the market is more prominent at the end of the gem, of course, the Shanghai Composite Index is still relatively resistant, so the overall situation has a way out.

A-shares: Suddenly the market smashed again, but the situation is different

After the close, it can be seen that the Shanghai Composite Index fell 0.26% today to close at 3104 points, the Shenzhen Component Index fell 0.9% today to close at 9587 points, however, the ChiNext fell 1.55% today to close at 1858 points.

It can be said that today's stock market as a whole is still dominated by a downward trend, the Shanghai Composite Index is mixed intraday, and the ChiNext board has been in a state of closing down today, and it has not even turned red during the session, and the bearish atmosphere is still relatively strong.

The key thing is that the number of stocks that fell today is not a few, taking the GEM as an example, the data shows that the number of stocks that fell in the GEM index today reached 895, while the number of stocks that rose was only 422.

The number of stocks that fell on GEM today was more than double that that of gains.

A-shares: Suddenly the market smashed again, but the situation is different

At the same time, among the 474 industry sectors, there are only more than 80 that have risen, and more than 390 have fallen.

Suddenly smashed again, however, the situation is different, there are two points.

First, the gem has been rising for 2 consecutive trading days, and it is a rising market, so today, it is also very normal to close a yin line, and this yin line is still surrounded by the previous yang line.

Therefore, the upward trend has not been destroyed much, not only that, but the GEM is a breakthrough market completed when the line is very intensive, so today's decline in the GEM is more like a relay pattern.

A-shares: Suddenly the market smashed again, but the situation is different

On the other hand, the Shanghai Composite Index is even more so, in yesterday, it broke through the sideways, that is, broke through the suppression of the annual line, and today, although the Shanghai Composite Index also fell, it still did not fall below the annual line.

Even, today, the Shanghai Composite Index has not even touched the annual line, so today's decline in the Shanghai Composite Index is more just a relay, not a so-called trend reversal, and the line below the Shanghai Composite Index is mostly in a state of upward divergence.

Therefore, the author believes that today, the situation is different, and the key lies in this.

To put it bluntly, today's decline in the three major A-share indexes is most likely just a short break in the process of rising, in other words, the market has been sideways for so long, just break through and then die?

The market has a certain continuity.

A-shares: Suddenly the market smashed again, but the situation is different

Second, the turnover of the Shanghai and Shenzhen stock markets is also rising, the data shows that although the index has fallen sharply today, the overall turnover of the Shanghai and Shenzhen stock markets has reached 1.03 trillion, which is also considered to be a large volume.

Therefore, the author believes that there is no need to worry too much about today's stock market decline, as long as the Shanghai Composite Index does not fall below the annual line, in fact, the problem is not big, even if it falls below the annual line, it is just back to the sideways space below.

Of course, there are certain problems.

If the index continues to rise, the divergence will be more serious, unless the next Shanghai and Shenzhen stock markets can continue to increase volume, so that they can break the divergence with a large attitude, and in the current situation, the market is indeed continuing to increase.

At the same time, there is a gap in the three major A-share indexes, which is also a problem that cannot be ignored.

A-shares: Suddenly the market smashed again, but the situation is different

In short, the current stock market has indeed formed an upward trend, and it is estimated that it will continue to run along the trend in the short term, but due to the existence of divergences and gaps, it is also necessary to pay attention to the right position to settle in the bag, so as to control the risk and avoid the situation of the market actively repairing, of course, this is only the author's personal opinion.

After all, this is the stock market, and the risk of the stock market is usually formed in the process of rising.