Market Overview
On Tuesday, the three major indexes of Shanghai and Shenzhen stock markets fell, and the tail turned up in the late trading. The Shanghai index fell 0.53%, the Shenzhen Component Index fell 0.5% and the gem index fell 0.05%. A total of 109 stocks trading; 10 stocks sealed the limit. The turnover of the Shanghai and Shenzhen stock markets exceeded one trillion yuan for the 38th consecutive trading day. On the disk, the publishing industry led the rise throughout the day and Chinese Universe Publishing And Media Group Co.Ltd(600373) sealed the limit; The concept of digital currency continued to rise, Client Service International Inc(300663) and other stocks rose by the limit; The power sector changed in the afternoon and Chongqing Fuling Electric Power Industrial Co.Ltd(600452) hit the daily limit. Vehicle stocks remained weak throughout the day and hit the limit in Anhui Jianghuai Automobile Group Corp.Ltd(600418) afternoon; Stocks in the national real estate industry chain such as real estate, cement and household appliances weakened, Ecovacs Robotics Co.Ltd(603486) and other stocks continued to lead the decline; The non-ferrous metal sector continued to decline, with Sinomine Resource Group Co.Ltd(002738) and other stocks leading the decline.
On the whole, today’s morning stock index undertook yesterday’s “rush up and fall” trend, and there was a weak shock consolidation at the low level. When the volume and price deviated from the high point, the Shanghai index and Shenzhen Composite Index took the initiative to adjust and consolidate to make up for yesterday’s upward gap, which may be more conducive to the short-term upward trend. The three major indexes of the two cities are still above 20mA. The medium-term moving average (20, 30 and 60) of Shenzhen Component Index and gem index are still in a long arrangement, and the important moving average below will also form strong support for the stock index. However, the two short jump gaps yesterday and today have formed an “island” reversal. We need to pay attention to whether we can make up the gap formed today this week.
