Rongwei securities Liu Sishan: the stock index accelerated decline, with a strong panic atmosphere

Today, the stock indexes of the two cities opened slightly lower, and then went down level by level. There was a strong panic atmosphere in the market. Individual stocks fell more or less, and the weighted blue chip performance was depressed. In the afternoon, the stock index continued to fall to the close. There was a strong panic atmosphere. Finally, the Shanghai index reported 3433.06 points, down 2.58%, the Shenzhen composite index reported 13683.89 points, down 2.83%, and the gem index reported 2974.96 points, down 2.67%.

On the disk, only a few sectors such as hotel catering, airport shipping and precious metals turned red, among which the hotel catering sector led the two cities, Xi’An Tourism Co.Ltd(000610) , Huatian Hotel Group Co.Ltd(000428) and other stocks rose by the limit, Xi’An Catering Co.Ltd(000721) , Junting Hotel and Shanghai Jin Jiang International Hotels Co.Ltd(600754) led the increase, while digital currency, cloud games, communication services, cloud office and other sectors led the decline.

Technically, the stock index has been falling endlessly, and the trend has hit new lows continuously. In the short term, the stock index is in the bottom seeking trend, waiting for signs of contraction to stop falling.

On the whole, the three major stock indexes are in the short trend. Recently, coupled with the continuous sharp decline in the peripheral market, the trend of A-Shares has been made worse. It is in the continuous release of risks. It is the best policy to wait for the opportunity of shrinking and stabilizing. In terms of operation, it is suggested to stay away from the speculation of subject stocks and pay attention to the varieties of pre profit and pre increase in the annual report.

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