Now that his investment business is doing smoothly, he doesn't need to look at anyone's face to do these things, which is the key point that makes Li Xin feel the most comfortable, and he will be upgraded to a father in seven or eight months. Thinking of this, Li Xin put her arms around his wife Xia Xiaona and said, "I can't wait, if it were August next year, I would be able to be a father!"

If Li Xin still had some ambitions in his career when he was in the Southern Group and the sugar company before, now after resigning from the company, he has nothing to expect except for stock and futures investment, Xia Xiaona and his family are his biggest spiritual pillars. Now that there is another child who has not yet met, Li Xin's spiritual sustenance for the future family of three is even heavier.

Although the careful Xia Xiaona could guess that Li Xin's spiritual world might seem lonely after Li Xin's resignation, she couldn't fully understand Li Xin's true feelings. Hearing Li Xin's words, she smiled and said: "You don't need to wait until 8 months before you can be a father, the doctor said that the child can start prenatal education when he is older, and then you can grow up with him." ”

"Well, I'll tell him stories and whistle to him when the time comes. ”

Wednesday, November 26th.

On this day, the market index continued to pull back and opened at 1888 points, and the highest rose to 1914 points, but closed at the lowest point of the day at 1873 points.

This is a barefooted yin line.

Although today's low of 1873 is slightly higher than yesterday's low of 1858. However, it closed at 1,873 points lower than yesterday's close of 1,888 points. Today's close is closer to the 20-level EMA at 1861 points.

Wang Minghui said: "The market has three consecutive negative lines today, and these three crows are not a good sign." ”

Wang Haoqiang asked, "What are the three crows?"

Wang Minghui explained: "The three candlestick charts that continue to move lower and lower are commonly known as the three crows. Once there is a pattern like the three crows, it means that the decline will continue. The current market is such a trend, you see that the closing point of this candlestick chart today is only one step away from the 20 moving average, and it seems that tomorrow it will challenge the support of the 20 moving average. If the 20-day moving average can't hold the broader market index tomorrow, the downside will be completely opened. ”

Wang Haoqiang asked worriedly: "If the 20 moving average is broken, how much do you think the broader market index will fall down?"

Wang Minghui said: "Who can say for sure. However, one noteworthy detail is that since yesterday, the 5-day moving average has crossed below the 10-day moving average from top to bottom, which indicates that the short-term trend is not optimistic. If the broader market index falls below the 20 moving average again tomorrow and continues to decline, the 5-day moving average and the 10-day moving average will also be dragged down in time. At that time, if the 5-day moving average and the 10-day moving average cross the 20 moving average from top to bottom, the broader market index may fall below the previous low. ”

"Do you mean that it fell below 1664?"

"The previous low is, of course, 1664 points, which is the only support below the 20 EMA. ”

Wang Haoqiang said: "If that is the case, according to the three iron laws of the Elliott Wave Theory that Li Xin said, if this wave of pullback pulls back to 1664 points, the pullback of the second wave will swallow up all the rise of the first wave, then there will be no subsequent 3 waves, 4 waves and 5 waves." ”

Wang Minghui said: "It cannot be ruled out that there will be such a situation. If you look at the first wave that started on November 7, its highest point was 2050 points on November 18. However, that point did not break through the suppression of the 60 EMA. The second wave pullback from November 18 to today is even more obvious, during which the candlestick chart is getting farther and farther away from the 60-day moving average, but closer and closer to the 20-day moving average. If this trend continues, there are two trading days left this week, tomorrow and the day after tomorrow, and the broad market index will definitely fall below the support of the 20 moving average in these two days. ”

Wang Minghui's words made Zhang Shaohui, who was sitting on the side, feel even more uncomfortable, he said: "At this time, it's not selling, it's not selling, you can only wait for the rabbit!"

Li Xin said: "In fact, there is no need to be so pessimistic, the 20 moving average is still diagonally developing to the upper right, and its trend is completely different from the trend of diagonally developing to the lower right before November 7." ”

Wang Haoqiang was still worried about the phenomenon that the 5-day moving average that Wang Minghui just said had crossed the 10-day moving average from top to bottom, so he asked Li Xin: "Li Xin, why did you only see the current trend of the 20-day moving average obliquely to the upper right, and did not notice that the 10-day moving average has begun to flatten, and the 5-day moving average has crossed the 10-day moving average from top to bottom, and its trend has been diagonally to the lower right?"

Li Xin said: "Among the four moving averages of the 5th, 10th, 20th and 60th, the 5-day moving average and the 10-day moving average are sensitive to short-term price changes because of their generation, and it is not surprising that this wave of pullbacks has dragged these two moving averages down." The 20-day moving average responds to short-term price changes with a relatively lagging lag, which can more accurately reflect the medium-term trend of prices. The current trend of the 20-day moving average obliquely to the upper right indicates that the broad market index will still develop diagonally to the upper right in the future. ”

Wang Minghui smiled: "I hope so." Li Xin, if there are a few more people like you in this stock market, I am afraid that there will not be this wave of bear market from last year to this year. ”

Li Xin smiled: "That's not necessarily, from the end of last year to the first half of this year, I was resolutely bearish on the stock market." ”

Thursday, November 27th.

This morning, as soon as Li Xin entered the big room, Wang Minghui said happily: "The good news last night will definitely have a role in promoting the trend of today's market." ”

Li Xin asked inexplicably, "What good news happened last night?"

Wang Minghui said: "Don't you know? As was broadcast on the news at 7 o'clock last night, the bank has lowered the interest rate on deposits and loans again since this morning. ”

"Really?"

"Of course it's true, how bold am I to make up such fake news?"

As you said yesterday, the broad market index closed yesterday just one step away from the 20-day moving average, and it is very likely that it will fall below the support of the 20-day moving average today. But at this time, such a piece of good news was issued last night, which is clearly the management's precise policy at the most critical juncture, and their willingness to strengthen the market is very obvious. This is supposed to be the fifth rate cut this year, and it's another major tailwind, shortly after the massive infrastructure plan was announced on November 7. From this, I can conclude that as long as the broader market index shows signs of falling sharply again, similar good news will continue to be launched!" Li Xin said excitedly.

Wang Haoqiang said: "Are you so sure?"

Li Xin said: "I am talking from experience. In my experience working at the Southern Group, the current management's willingness to drive the economy is very strong. And they have a lot of tools to regulate and control, the current cumulative of 5 interest rate cuts, coupled with the infrastructure plan on November 7, under the cumulative effect of these measures, I think the trend of the market is getting clearer and clearer. ”

"Then how many points do you think the broader market index will rise today?"

Li Xin said: "I can't say for sure, but yesterday's closing point of 1873 points is still more than 50 points away from the 5-day moving average of 1927 points, I think today, under the stimulus of such major good news, the market should also stand above the 5-day moving average when it closes." ”

Wang Minghui said: "I think so, I even think that the broad market index should be above the 10-day moving average when it closes today." ”

Li Xin echoed: "It is very likely, the support of the 20 moving average is generally relatively strong, and the market point came to the vicinity of the 20 moving average yesterday, even if there is no good news to stimulate, the last day or two will rebound under the support of the 20 moving average." Now with the good news of interest rate cuts, you can expect a sharp rise today. ”

Just as they expected, the broad market index gave everyone a big surprise as soon as it opened today: the opening point was 2012 points, an increase of 6.05%. This opening point broke through the pressure of the 60 EMA at 2003 in one fell swoop.

The broad market index jumped up 6.05% at the open, which is very rare in the course of a year-long bear market.

Liugong Machinery's opening price this morning was 11.38 yuan, an increase of 9.21%, almost opening on the price limit.

The opening price of Jingxi Coal was 9.57 yuan, an increase of 7.53%.

The opening price of DBS was 10.10 yuan, and the gap opened 6.32%. The stock closed yesterday at $9.50, which was below the 20-moving average support at $9.71. That's why Wang Haoqiang was so worried about the stock price and the broader market index that would continue to fall yesterday. Because when the market index has not yet fallen below the 20-day moving average, the stock in his hand has taken the lead in falling below the 20-day moving average, if the market index falls below the 20-day moving average as Wang Minghui said today, then the decline in the stock in his hand should be even greater.

Sanjiang Holdings opened at $19.00 today, with a gap of 6.26%.

"Wow!" Looking at such opening data, there was an exclamation from the big room.

Wang Minghui jumped up from his chair excitedly: "I'm afraid these stocks in our hands are going to hit the price limit today! Look at the stocks on the price limit board at least 150 now, this trend is too bullish!"