Stock Market: The Market Will Gradually Release Risks Next Week

After the market closed two cross stars in a series of shocks, the market continued its shock trend as scheduled in the morning today. In the afternoon, driven by the Belt and Road Initiative, the blue chip collective made efforts, and the Shanghai Stock Exchange Index rose above 3274 points, hitting a new high of 3275 points in this round of rebound. A large amount of funds flowed in at the end of the day. Because the chairman of the CSRC and the deputy governor of the central bank made positive speeches at the "2017 Annual Academic Conference of the Chinese Financial Society and the Annual Conference of the Chinese Financial Forum", proposed the direction of China's capital market reform and future monetary policy, and boosted market confidence. After 2:30, blue chip stocks made joint efforts, which still needs to be given face.

From the perspective of the market, the Shanghai Shenzhen Chuang Index has gained a good momentum. However, we have noticed that there has not been a general rise in individual stocks in the two markets, with 1712 stocks rising and 1127 stocks falling, and the market earning effect is still insufficient. In addition, in the afternoon, the blue chip market rose collectively, led by the Silk Road, the Belt and Road, infrastructure, PPP, etc., but almost all the reports left a shadow line. If there is no timely relay from securities companies, the market should fall back to a certain extent.

From the weekly perspective, the rising trend of the index is intact, and there is a requirement to continue to rise. Therefore, we believe that the index is expected to attack 3301 points higher next week. However, because the previous impacts have failed, the front is high and close at present, and the space is limited, so the pressure will be greater, especially the psychological pressure. So although we think the index is expected to attack the previous high, we still remain cautious about whether the future market can effectively break through the previous high, and patiently wait for the market to choose the direction.

On Friday, the Shanghai Index rose 0.63% to close at 3268.93 points, with a turnover of 267.09 billion yuan, the Shenzhen Chengdu Index rose 0.6% to close at 10646.72 points, with a turnover of 295.51 billion yuan, and the GEM Index rose 0.86% to close at 1965.14 points, with a turnover of 81.243 billion yuan. In addition, the small and medium-sized board reported a weekly trend of seven consecutive positive days. There were 52 up limit shares and 2 down limit shares in the two markets, with a total turnover of 562.6 billion yuan (545.95 billion yuan on the previous trading day). The daily net inflow of Shanghai Stock Connect was 1.13 billion yuan and that of Shenzhen Stock Connect was 692 million yuan.

At the beginning of the session, the performance of the Shanghai Stock Index was sluggish, with narrow fluctuations, Small and medium-sized board The GEM index has a relatively strong trend, and the Belt and Road related sectors have become the main highlights of the market. In the afternoon, three major sectors, including Chinese characters and securities companies stock market index Collectively, Shanghai and Shenzhen indexes reached a new high of 3.5 months.

On Monday, Feilong had stressed that it would be the key to hit a new rebound high this week, otherwise, if the slow rise lasted too long, it would lead to a greater possibility that it would fall for a long time. Then, with the launch of intensive washing up for several consecutive days, the upward pressure has been better alleviated, After another shock in the morning trading today, the relevant weights mentioned for several days in a row effectively hit a new high, showing a good bull trend, Both quantity and price rise , leaving a good daydream for the continued rise in the later period.

At the current position, the first task is to start to break through the 3300 front-line next week. According to the review, it is possible to touch the top next week, and it is not necessary to break through to stabilize. In this way, it will be better for the later rise, because only a slow and steady increase in volume is a healthy rise in the current market.

Technically, the front line of SSE 3240 has withstood the continuous test and has rebounded in the amount of opening. The directional choice mentioned yesterday has also been carried out as scheduled, without unexpected change of direction. Predictably, the front line of 3260 has also basically stabilized, and will soon launch an upward attack on the front line of 3300 in the future; The GEM also rose again at the critical juncture where there were signs of breaking, realizing the Jedi counterattack, returning to the operational range, stabilizing the front line of 1950 again, and continuing to pay attention to the effective support of this position.

Operation idea. If there is a violent pull up at the beginning of next week, then close to the previous high is the short-term position reduction and profit stop point. If there is a slow pull up market, everyone can hold shares on the safe side to wait for the rise. In short, the market has always been bearish. Although it is said to be bearish, the risk is getting closer and closer!

For more information, please pay attention to the World Clothing, Shoes and Hats Internet Cafe.