In the context of the sharp decline of the US stock market, the opening of Shanghai and Shenzhen stock markets showed a sharp low opening trend today. The design consulting concept was relatively resistant to decline, the trading volume was enlarged compared with yesterday, and the trend of the late trading fell slightly. Finally, the three major markets have closed at the negative line. As of the closing, the Shanghai index fell 158.41 points, or 5.13%, to 292851 points, while the Shenzhen composite index fell 672.42 points, or 6.08%, to 1037928 points; The gem index fell 127.60 points, or 5.56%, to 216900.
On the disk, design consulting concept stocks resisted the decline, Zhubo Design Co.Ltd(300564) rose by more than 19% Anhui Transport Consulting & Design Institute Co.Ltd(603357) increased by more than 10% Gansu Engineering Consulting Group Co.Ltd(000779) , construction and research design increased by more than 3%; At the same time, pinduoduo concept, financial equipment, Huawei shengteng, special gas, electronic ID card, space station, titanium dioxide, holographic concept and RCS concept led the decline.
Technically, yesterday, Shanghai stock exchange received the cross K-line with long shadow lines, which closed below the 5-day moving average. After opening low today, it rebounded slightly, the intraday trend fluctuated downward, and the late trading was still weak. The recent continuous decline makes the technical trend worse. In the future, shock consolidation is needed to make the index rise more powerful. On the daily line, MACD indicators are in the form of green column lengthening, and KDJ indicators continue to run downward. These indicators suggest that the future market will fluctuate.
To sum up, the market has been continuously adjusted recently, with insufficient upward momentum and a strong wait-and-see atmosphere. The market may continue to maintain the bottom shock trend. After a deep adjustment in space, the stock index may lay the foundation for the rise of the market in the second half of the year. It is expected that the market will find the bottom of the market and walk out of a round of valuation repair market.
