today’s disk
The weekend was mixed with good and bad, but the negative impact was great. Today’s index opened sharply lower, quickly fell below the previous low, and then fell to 3001 points in the session, approaching the 3000 point mark. The gem and Shenzhen composite index also continued to weaken, and the market was still very weak. Only more than 400 individual stocks rose, and more than 100 fell by the limit last afternoon, which was the first time in the recent market. The market entered a very weak stage. In terms of the sector, all industries and concepts turned green, The securities sector took action, leading the index to stop falling and Huaan Securities Co.Ltd(600909) limit.
current index position analysis
On April 22, the central bank, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of foreign exchange successively conveyed, studied and implemented the spirit of the special meeting of the financial commission of the State Council. The bank, the two sessions and the one bureau analyzed and judged the previous economic and financial situation and studied and deployed the key work in the next stage. The meeting proposed that the people’s Bank of China should implement a sound monetary policy, maintain reasonable and sufficient liquidity, promote the reduction of comprehensive financing costs, and provide a good monetary and financial environment for the overall prevention and control of the epidemic and economic and social development. Although industry experts said that this will effectively guide market expectations and boost market confidence, it is obvious that this rare call has no great effect on the short-term market. At present, the market panic spreads in the short term, and the positive impact in the medium and long term is very small. The “rescue” policy of real gold and silver needs to appear. However, after continuous decline, A-Shares have entered the oversold bottom area, and the value of allocation is becoming more and more prominent, When uncertainties become the norm, the market may have a wave of oversold rebound.
should on strategy and focus
Technically, 3000 points are close at hand, and it is not so important to fall below. From the current short-term emotional response, the probability of falling below is large, but it is also the short-term oversold. With the continuous increase of deviation rate, there may be a rebound in the short term, but the rebound height is relatively limited. In terms of operation, we can wait for the opportunity of low absorption after stabilization, but the direction of participation needs to focus on the main line of the market, do not participate in the non main line direction, and be prepared for short-term operation, so it is not suitable to take heavy positions.