Today's stock market as a whole is mainly down, although the three major indexes of A-shares have risen intraday, but the amplitude is very weak, to the end of the market, still has not been able to turn red, it can be seen that today's market is indeed biased towards weakness.
As of the close, it can be seen that the Shanghai Composite Index fell 0.07% today to close at 3145 points, while the ChiNext Index fell 0.26% today to close at 1855 points, and the Shenzhen Component Index fell 0.05% today to close at 9668 points.
The three major A-share indices are all in a state of decline, but, to be honest, although the performance of the index today is not ideal, the situation on the market is not bad, and even, today's A-share market is just down the index, why do you say so?
From the data, it can be seen that the number of stocks rising on the GEM today has reached 974, while the number of stocks falling on the GEM today is only 340, that is, the number of stocks rising on the GEM today is far greater than the number of stocks falling.
It is worth noting that this is still in the context of the decline of the ChiNext index.
Including the Shenzhen Component Index and the Shanghai Composite Index are basically the same situation, but the index has fallen, and most of the individual stocks have risen, so why is there such a phenomenon? In fact, it is also easy to understand that the divergence of plates has appeared.
The performance of heavyweight stocks today is not ideal, so it has affected the decline of the index, but the stocks in the small and medium-sized sectors have performed better today, so the market will fall the index and individual stocks will rise.
At the same time, the number of stocks rising in Shanghai and Shenzhen today is close to 3,500.
So, tomorrow, May 15, what will the stock market look like? The author believes that two factors are worth noting and will have a certain impact on the next stock market, so what are these two factors?
First, we can see a phenomenon that the Shanghai Composite Index has rebounded from the bottom, and has gone through two waves of market, which are sideways and then sideways, and is currently in the second wave of sideways market.
In other words, the current upward rhythm of the Shanghai Composite Index has begun to slow down, on the contrary, the trend of the sub-high sideways is more obvious, in other words, there are too many floating profits in the market now, and the index cannot go up.
After all, the Shanghai Composite Index is now above most of the moving averages, indicating that the short-term chips in the market are basically in a floating profit situation, so this will bring a lot of take-profit orders to the market, that is, the so-called selling pressure will increase.
Moreover, at present, the Shanghai Composite Index has run into a chip-intensive area, and this chip-intensive area is basically medium-term chips, so the index will naturally be under pressure near the short-term floating profit market and the medium-term chip market.
At this time, the upward trend of the Shanghai Composite Index slows down, and it is normal for it to start to move sideways.
In fact, there is another key factor, that is, the Shanghai Composite Index has formed a divergence, but the turnover of the Shanghai Composite Index has begun to shrink again, and today, the turnover of the Shanghai Composite Index is even only 370.1 billion.
In such a situation, it is very difficult for the Shanghai Composite Index to repair the divergence, so based on this, tomorrow, I am afraid that the Shanghai Composite Index will continue to fluctuate at the second high, unless the market can increase volume.
Second, the situation of the deep component index is more complicated, why?
Because, the Shenzhen Component Index has not even broken through the annual line, and even without touching the annual line, there has been a stagflation market, and it has been fluctuating in a small range for 9 consecutive trading days, which shows that the upper pressure is very great.
Again, if the Shenzhen Component Index forcibly breaks through the annual line and does not increase the volume, it will still form a divergence, so in the short term, that is, tomorrow, the Shenzhen Component Index will most likely continue to fluctuate below the annual line.
In fact, the GEM is almost like this, because the market turnover is insufficient, so it is difficult to form a breakthrough market, the data shows that today, the turnover of the Shanghai and Shenzhen markets is only 824.6 billion.
This turnover also fell by 85.2 billion compared with the previous trading day.
Therefore, the author believes that tomorrow, May 15, the A-share market will most likely be dominated by volatile markets, and the ChiNext and Shenzhen Component Index will still run below the annual line in the short term, and the annual line will also become an important watershed.