At the close, the three major indexes plummeted across the board! As of the close, the Shanghai Composite Index fell by 2.01%, Shenzhen City fell by 2.23%, and Venture% fell by 2.48%. The three major indexes all fell by more than 2%. By the close of trading, there were 4,410 companies falling and 920 companies rising. As of the close, the turnover of the two cities was 2.09 trillion. Compared with the previous trading day, the volume was 202.4 billion.Here, I have to tell you that in the worst case, the current downward trend of the market may completely reproduce the downward band since 3509. With the same angle, the decline will be the same. If so, the index will return to around 3227. Now, however, I don't think the worst will happen. We will see again and again next week, and we will know how the market will go next.Today, the power to smash the plate mainly comes from the northbound funds. None of us can see the data of specific transactions of northbound funds. But here I provide you with a profile chart, so that you can have a look at the strength of the northward fund smashing today.
Here, I have to tell you that in the worst case, the current downward trend of the market may completely reproduce the downward band since 3509. With the same angle, the decline will be the same. If so, the index will return to around 3227. Now, however, I don't think the worst will happen. We will see again and again next week, and we will know how the market will go next.Today, the power to smash the plate mainly comes from the northbound funds. None of us can see the data of specific transactions of northbound funds. But here I provide you with a profile chart, so that you can have a look at the strength of the northward fund smashing today.The above picture shows the "histogram of the capital flow of the constituent stocks of Land Stock Connect". From the above figure, we can find that the northbound funds smashed the plate today, and a very obvious green column line was pulled out on the chart. Today's efforts to smash the market are basically the same as those on November 22, the last time the Shanghai Composite Index fell more than 3%. That's why the index fell so badly today.
Today's closing comments, let's talk about these briefly with you first. According to the usual practice, I will give you a "weekend review video" at the weekend. Explain in detail how the market will go next week and how everyone will deal with it. Let's look at the trend of the external market again tonight, and then see if there are any major changes in the news. I will combine these situations, mainly from the perspective of technical analysis to give you a coping strategy for next week. Also, the hand-drawn forecast chart of next Monday's trend will be updated on Sunday morning. Everybody stay focused.Today, the power to smash the plate mainly comes from the northbound funds. None of us can see the data of specific transactions of northbound funds. But here I provide you with a profile chart, so that you can have a look at the strength of the northward fund smashing today.Statement of the work: Personal opinion, for reference only.
