today's disk
The Shanghai and Shenzhen indexes showed a shock adjustment pattern as a whole. The three indexes opened slightly lower in the morning, and then the Shanghai index showed signs of rebound, but the rebound was weak, and there was an accelerated downward trend in the afternoon; The gem index and Shenzhen Component Index were more weak, showing a shock adjustment pattern throughout the day, down more than 1%. Finally, the three indexes closed negative.
In terms of industry sectors, assisted reproduction, in vitro diagnosis, traditional Chinese medicine, hair medicine, pharmaceutical commerce, longevity medicine, industrial marijuana, chemical fertilizer industry and other sectors led the increase, while the number of virtual digital people, digital currency, chicken concept, off screen camera, digital reading, Hongmeng concept, shipbuilding, meta universe concept, prefabricated vegetable concept and other sectors led the decline. In terms of the rise and fall of individual stocks, less than 1700 stocks rose in the two cities, and more than 2700 stocks fell, resulting in poor profit-making effect. As of the closing, the net outflow of main funds was nearly 22 billion, the net sales of funds from the North exceeded 4 billion, and the market turnover remained at 1.05 trillion.
analysis of current index position
Today, the performance of the index is still weak, especially in the afternoon, the heavy volume action occurred again in the process of index decline, resulting in the volume shrinking of the whole day is not obvious, and the land volume may still need to wait further. From the current trend, the trend of gem index is poor, the downward pattern is obvious, and there is no obvious stop signal. Driven by the steady growth weight such as SSE 50, the Shanghai index is relatively resistant to decline, but it is also in the short trend. Therefore, it is still necessary to continue to control positions and patiently wait for the market to stabilize. From a small level, the gem index has a bottom relaxation signal and there is a demand for short-term rebound, but the rebound degree needs careful attention and cannot be expected to be too high. The Shanghai index continues to focus on the support near 3540-3550 in the short term.
coping strategies and focus
From the perspective of market hot spots, with the rebound of stable growth direction, such as building materials, Chinese prefix and other varieties, we can consider reducing positions in the short term. For the growth direction after adjustment, the valuation has been repaired to the low valuation point, and there may be some oversold rebound trend later. However, as for the intensity, we should pay attention to the trend of 10-year US bond yield, If US bond yields continue to rise, such varieties will continue to be suppressed. Therefore, we still need to be cautious as a whole and wait for the signal of market stabilization. In the current weak situation, it is suggested that we should reduce expectations and stop profits and losses.
(source: Yuanda)
