today’s disk
The Shanghai and Shenzhen stock indexes showed a shock adjustment pattern as a whole. After the three indexes opened high, they gradually fell, and the pattern of weakness throughout the day was obvious. The Shanghai composite index was relatively strong in the morning, but it also dived and turned green in the afternoon. The gem index and Shenzhen Component Index fell rapidly in the morning and continued to weaken in the afternoon. Finally, the Shanghai Composite Index closed slightly lower, the Shenzhen Component Index and the gem index fell by more than 1%, and the pattern of strong Shanghai and weak Shenzhen was obvious.
In terms of industry sectors, China Russia trade concept, shipping ports, mining industry, oil and gas equipment and services, combustible ice, shale gas, gas and oil industries led the increase; Laser radar, battery, MLCC, aerospace, photovoltaic equipment, blade battery, semiconductor, hit battery, Nanjing combination, Huawei automobile, wireless charging and other sectors led the decline. In terms of the rise and fall of individual stocks, nearly 1900 stocks in the two cities rose, and more than 2700 stocks fell, resulting in poor profit-making effect. As of the closing, the net outflow of main funds exceeded 38 billion, and the net sales of northbound funds were 700 million, with a market turnover of just over trillion.
current index position analysis
Today, the index closed negative in large volume, the sector continued to rotate, cyclical stocks and old infrastructure were active, and growth stocks made a collective correction. Tomorrow, China officially enters the two sessions cycle. At present, the risk of significant position adjustment is temporarily invisible, but the market sentiment is still not high. Therefore, the subsequent market probability continues to show a volatile pattern.
From the perspective of technical trend, the Shanghai index has repeatedly hit 3500 points without success, indicating that the pressure above is obvious. If this position rebounds in a large amount, it is difficult to pass in one fell swoop. From the perspective of volume and price, the current relationship between volume and price is not good. The rebound and contraction of volume and the decline of large volume indicate that the capital sentiment is not high, and a little profit may be cashed in in time. They are all short-term ideas, and at the same time, they also indicate that there is no incremental capital admission. The gem index continues to weaken due to the correction of growth direction, and the short-term will continue to shock and bottom near 2800 points.
coping strategies and focus
In view of the repeated rotation of hot spots and obvious market shock pattern, it is still necessary to control positions and seize opportunities on bargain hunting. In terms of strategy, it is still balanced allocation. Today, the dilemma reversal direction (Airport Airlines, tourist hotels, etc.) has ushered in a continuous rebound. Logically, this direction is indeed expected to reverse this year, but now the epidemic in China is still happening from time to time, and there is no sign of complete improvement. It is too early for the rebound to turn into reversal. Therefore, blind follow-up is not recommended in operation, and careful attention is appropriate.
