"20211028 Afternoon Review" again probed the front flat bottom, smart money sharply bottomed out

【Plate】

On Thursday, the two cities of Shanghai and Shenzhen both opened low, the index opened low and went low, continuing the trend of adjustment, the Shanghai index broke the half-year line again, chips, software and other technology stocks were active, and the double creation was relatively stable. As of the noon close, the two cities had risen by 30 and 24 by the fall; the number of green stocks was obviously the majority.

【Analysis】

In the morning commentary, it was said: "The short-term moving average coincides with the reverse suppression, the half-year line and the 60-day moving average also have support, the short-term line or maintained during the period of operation, if the direction is still looking upwards after the shock, the reason: falling more is the biggest positive", the morning market opened low and went low, three consecutive bardo adjustments, the amplitude exceeded expectations. The volume can be seen, the Shanghai index half-day transaction of 331.1 billion yuan, compared with yesterday's half-day transaction of 305.8 billion yuan has been amplified, the amount is a positive signal, not broken, the half-year line is still looking at the bear trap, the logic has several points: first, today to explore the previous several times to build the horizontal limit low line, after obtaining support, there is stabilization; second, the smart northbound funds half-day net inflow of nearly 6 billion, accelerating the entry into the bottom; third, the structural market is more active, and there is a popularity base when the double creation leads the rise. In short, we do not chase the rise, do not kill the fall, learn to suck low in batches, and firmly hold shares with confidence.

【Strategy】

Reference position: 80%; Shanghai index technical support: 3518 points, technical pressure: 3555 points; GEM technical support: 3288 points, technical pressure: 3340-3350 points; afternoon focus: green electricity; new stock subscription: 0.