Yesterday, the Shanghai market rebounded and fell back, purely from the analysis of technical indicators, due to the 3-day moving average (3516 points) downward movement of the stock index to suppress the impact caused.
The MACD indicator line and the KDJ indicator line on the Daily Chart of the Shanghai Market are in a state of dead cross resonance, indicating that the risk of daily level adjustment has not been completely lifted; the stock index that breaks the middle band of the weekly chart Bollinger Band will be pulled by the lower track line and close to it. Therefore, the large-cap stock index did not break the rally before Tuesday's low (3477.66 points) and there will be a phenomenon of rushing higher and falling back, and the stock index will at least have the desire to step back on the 62-week moving average (3471 points) this round of adjustment.
The longer the MACD indicator line on the Shanghai market 10-minute chart and the 15-minute chart runs under the 0 axis to build a circular arc bottom pattern, the stronger the subsequent rebound will be; the 233-day moving average (3510 points) and the 144-day moving average (3532 points) show a running trend, which will drag the stock index below. Therefore, the adjustment before the large-cap stock index does not rebound to recover the 233-day moving average will be pulled up at any time.
Synthesizing the above technical indicator analysis, it is believed that today, the large-cap stock index will confirm whether the 3500 points have been effectively broken, and hit the 233-day moving average (3510 points), and then fall back to adjust the annual line (3596 points) and the 256-day moving average (3492 points), and then the stock index rebounded with the support of the 62-week moving average (3471 points). If the stock index does not hit the 3501 point early session and directly opens the low adjustment, there will be a trend of first suppressing and then closing out of the Yang K line.
Based on the above analysis, the recommended operational strategy for today is:
1, today, if the Shanghai market large-cap stock index did not break through yesterday's low (3480.49 points) in the morning session directly high open upward rebound, do not in the morning high opening gap above the pull up when to chase up the position. Because, the MACD indicator line on the 120-minute chart and the KDJ indicator line continue to resonate with the dead fork, indicating that the intraday rally of the stock index is temporarily difficult to continue to rise unilaterally.
2, today, if the Shanghai market large-cap stock index hit 3501 points in the morning directly low to adjust, do not nervous, the stock index in the 3500 point below the pit deeper, the subsequent rebound will be greater, the stock index completely make up for the gap in the October 28 gap (3477.13 points) after the retaliatory rebound at any time. Before the rally fully fills this gap, don't chase the rally during the session.
(Personal opinion, only for your reference, do not take as the absolute basis for stock trading in hand, the stock market disk changes are unpredictable, everyone in the actual operation, according to the changes in the disk. Buying and selling losses are at your own risk and have nothing to do with me. ）