Zhiliang Finance:5.28Stock Market Review Patiently waiting for a rebound
already existing 188 Secondary Reading2019-5-28 17:00
[color=#333333] AThe three major stock indices of the stock market rose in late trading today, with the closing range up and the Shanghai Composite Index recovering2900Point, closing up0.61%Report collection2909.91Point; Shenzhen Composite Index Rising0.62%Report collection9035.69Point; Growth Enterprise Market Index Rising0.89%Report collection1505.16Point. Total transactions between two cities4995Billion yuan, industry sectors saw mixed ups and downs. A significant influx of northbound funds at the end of the trading day, resulting in a net inflow74.91RMB100mn[/color]
[align=center] [/align][color=#333333]The Shanghai and Shenzhen stock markets opened slightly lower today, but after opening, they fluctuated upwards and turned red. Subsequently, driven by financial stocks and theme stocks, they quickly rose and recovered during the session2900Continue to rise after hitting the integer level and touch it once20Daily moving average. Afterwards, the securities sector quickly rose and then fell during the trading session, while the index dived and turned green during the trading session, leading to a rise and then a decline in performance throughout the day.[/color]
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[color=#333333]From the previous continuous adjustment to consolidation, and then to the subsequent repeated fluctuations, until the protection of heavyweight stocks and the general rise of the market,Behind these happen to be the most common logic of the market going from decline to strength. At present, this logic still holds, and the rebound here is only a short-term test.[/color]
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[color=#333333]From an emotional perspective, the unfavorable sentiment that has recently affected the market is gradually dissipating. Under the fluctuation of exchange rates, there has been a slight stabilization, while under the influence of external factors, it has gradually subsided. The concentrated voice of multiple ministries has also boosted market confidence. The most important thing is that the northward funding has been changed5Most of the monthly outflows have started to achieve net inflows today. Technically, all four major indices have shown a divergence at the end of the month, indicating an imminent oversold rebound. Once there is a resonance of funds, the market may experience a strong rebound. Therefore, the upward trend and downward trend here have a high probability of short-term exploration. It is recommended to continue holding stocks and wait patiently for the high probability of the index rebounding.[/color]
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[color=#333333]Writing/Zhiliang Finance(V:XUZL88188)[/color]