Yuanda: the historic bottom is being built. There are opportunities behind the risks!

today's disk

Today, the Shanghai and Shenzhen stock indexes basically showed a unilateral decline pattern. Affected by the negative impact of the peripheral market, the three indexes opened low and walked low in the morning, and the weak pattern was obvious. Among them, the Shanghai Composite Index refreshed its recent low and fell below 3000 points at one stroke. The Shenzhen Component Index and the gem index also fell in shock. Although there was a slight rebound in the session, it did not change the weak pattern of the whole day. Finally, the three indexes closed at the negative line. As of the close, the Shanghai Composite Index fell 5.13%, the Shenzhen Component Index fell 6.087% and the gem index fell 5.56%.

In terms of the industry sector, the whole army was wiped out, and there was no rising sector. The falling sector was Zhongwei shengteng, Shangtang concept, 3D glass, shipbuilding, helium concept, Huawei Euler, cloud games and other sectors. In terms of the rise and fall of individual stocks, the number of gainers is only more than 100 and the number of losers is more than 4600. The market sentiment is approaching the freezing point and the profit-making effect is very poor. As of the closing, the two cities had a net outflow of more than 63 billion main funds, a net sale of 4.4 billion funds from the north, and a market turnover of 0.89 trillion.

current index position analysis

The repeated epidemic, the external environment, exchange rate fluctuations, the Fed's expectation of raising interest rates, the decline in performance, the centralized disclosure of annual and quarterly reports and other internal and external factors have formed a back pressure on the stock index, resulting in the accelerated adjustment of the index and further bottoming. Despite the index adjustment, we found that the volume energy has not been further amplified, which shows that the panic sector in this round of decline has been digested to a certain extent, which is beneficial to the stabilization in the later stage. At the same time, at present, the trend of the three major indexes has tended to be consistent and all have reached a low point, which also means that the market is building a large phased bottom. It is not ruled out that the market bottom will be formed after further shocks near this position.

coping strategies and focus

Therefore, we are advised to treat the current market rationally, and there are opportunities behind the risks. However, the formation of the bottom of the market also takes time. Radical investors can consider building positions appropriately in a small range, but we still don't recommend blind bottom reading and waiting for the signal on the right. The current strategy is to continue to control the overall position and wait patiently for the dawn.

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