Today's market trend is quite different from the adjustment trend I expected. You can have a look at the hand-painted forecast chart I updated yesterday morning about today's trend. Today, there is no obvious negative line in the market index, but a slight green cross star appears. Since the direction is right, I can barely score 60 points.Praise is the greatest support for my pure technical school.Comments: How to interpret the A-share shrinking cross star? Rising relay? Inflexion signal? The veteran played 60
What does this trend mean? Personally, this trend shows that the short-term market may have a tendency to weaken, but the two sides of the market are not completely divided. Long and short are still in the process of entanglement. We all know that last Friday was a 1% sunny line, but today's rise is not sustainable. Once there is no continuity, the possibility of turning around and going down increases.Therefore, based on the above analysis, I personally think that this cross star is a cross star with a high stage. It is more likely that the index will be adjusted next. The market is in this position and needs to be washed once. It is better if you can make a double-bottom structure. It may be better to "adjust and wash" before really launching the "New Year's Market".What does this trend mean? Personally, this trend shows that the short-term market may have a tendency to weaken, but the two sides of the market are not completely divided. Long and short are still in the process of entanglement. We all know that last Friday was a 1% sunny line, but today's rise is not sustainable. Once there is no continuity, the possibility of turning around and going down increases.
Another feature is that the main control ability is relatively strong, and the market really seems to be unable to fall. Dive quickly in the session, but pull back quickly in the late session. The biggest increase of the index was over 0.6%, but the biggest decline in the afternoon was also over 0.5%. Judging from today's intraday diving, diving is not sustainable. On the contrary, we feel that there is an "invisible big hand" holding the index firmly. Near the end of the session, part of the chassis entered the market, and the market index rose further, and finally it only fell slightly.Therefore, based on the above analysis, I personally think that this cross star is a cross star with a high stage. It is more likely that the index will be adjusted next. The market is in this position and needs to be washed once. It is better if you can make a double-bottom structure. It may be better to "adjust and wash" before really launching the "New Year's Market".
Strategy guide 12-13
Strategy guide
12-13