Yuanda: May started well, but the hidden danger is still there!

Today

The Shanghai and Shenzhen stock indexes showed a pattern of shock and differentiation as a whole today. Under the positive influence of peripheral markets, the two main board indexes opened low and went high, and finally closed up slightly, while the trend of gem index was weak, opened low and went low all day, and the weak pattern was obvious. As of the close, the Shanghai Composite Index rose 0.68%, the Shenzhen Component Index rose 0.23%, and the gem index fell 1.33%.

In the industry sector, building energy conservation, glyphosate, covid-19 testing, pharmaceutical commerce, chemical fertilizer industry, transgenic, locust control, in vitro diagnosis and other sectors led the increase, while the brokerage concept, Ning portfolio, securities, online tourism, tourism hotels, vocational education, rental and sale rights, low-carbon metallurgy and other sectors led the decline. In terms of the rise and fall of individual stocks, the number of gainers exceeded 3500 and the number of losers exceeded 1000, with obvious profit-making effect. As of the closing, the two cities had a net outflow of more than 9 billion main funds, a net sale of 2.3 billion funds from the north, and a market turnover of 0.9 trillion.

current index position analysis

U.S. stocks rose sharply overnight, and the rapid appreciation of RMB triggered A-share's good start. However, because Caixin manufacturing index fell sharply and Contemporary Amperex Technology Co.Limited(300750) first quarter report was significantly lower than expected, A-share's good start was insufficient. The main board rose and fell, only a small rise, and the gem index was adjusted by 1%. Before the festival, we also said that the index reversal needs further confirmation, otherwise the position will fluctuate. At present, the trend is basically in line with expectations.

Although the current position shows four consecutive positives, the quantity and energy situation can not be further amplified, which is also the hidden danger of the current market. At present, technically, the Shanghai stock index has shown signs of top deviation in 30 minutes. If the future market cannot be resolved in large quantities, the deviation will continue to expand further to 60 minutes and the daily line, and this round of rebound will come to an end. Therefore, the current position needs rational attention, It is not recommended to continue to chase high and wait patiently for low absorption opportunities in the future market.

coping strategies and focus

Today, from the perspective of market hot spots, most of the oversold rebound sectors are basically oversold. In the weak market, it is not recommended to chase which sectors rise on the same day. The probability of one-day travel is high. It is recommended to pay more attention to the low absorption opportunities after the correction of strong sectors. At the same time, we should continue to control the position and wait patiently for the opportunity to increase the position.

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