Chapter 613: The Third Wave (2)?
Looking at the share price of the Development Bank jumped from below the 20-day moving average of 9.71 yuan to above the 5-day moving average, and even only one step away from the 10-day moving average of 10.18 yuan, in the case of the market skyrocketing and individual stocks generally rising, today's stock is likely to break through the 10-day moving average to continue to rise, Wang Haoqiang, who had a false alarm yesterday, said: "Fortunately, I didn't sell it yesterday, if I sold it yesterday, I was slapped in the face by the market today!"
Zhang Shaohui said with the tone of the rest of his life: "Li Xin, you are still right, the current trend of the market can only be held for a long time, so as not to respond to all changes, otherwise, if you want to do swing operations, you will definitely be washed out." ”
Wang Minghui said: "Li Xin, if the market index rises today, does it mean that the second wave of the pullback from November 18th to yesterday's November 26th has ended, and the third wave of the rise has begun?"
Li Xin said: "It should be. ”
In the midst of a bullish voice, the broad market index only rushed up to 2022 points and began to fall within just one minute after the opening.
At 9:34, the broader market index fell below the 2,000-point mark and came to 1,996.
At 9:40, the broad market index fell to 1979 points, and the gain by this time has narrowed to 4.28%.
At 9:52, the broad market index fell to 1,959 points, narrowing its gains to 3.26%.
Looking at such a trend, Zhang Shaohui said worriedly: "Won't it be another rise and fall today?"
Li Xin said: "Even if it rises and falls, it is normal, who made it open today, the gap is so large? As soon as the market opened, it rose by more than 6.0 percent, and if it could close a small black candle that rose by 4 or 5 percent at the end of the day, it would be considered good." ”
Wang Minghui said: "Also, if I want to speculate in the short term, the stock in my hand was bought yesterday or the day before yesterday, and I saw that the gap was so large today, I immediately took profit and left." ”
However, the trend of the broad market index did not stabilize after a slight correction as Li Xin expected, but went lower and lower, and by the end of the day, it had fallen to 1917 points, an increase of only 1.05%.
Today, the K-line of the broad market index almost opened at the highest point and closed at the lowest point, which is a long black candle with a bald head and bare feet. At the beginning of the session, it was still standing above the 60-day moving average of 2003 points, but at the end of the day it was near the 5-day moving average of 1914 points.
Liugong Machinery's share price was exactly the same as the market trend, closing at 10.61 yuan, an increase of only 1.82%. Today's candlestick is also a long black candle with a bald head and bare feet.
Jingxi Coal Industry rose 7.53% at the opening, but the increase narrowed to 2.02% at the close, which was also the lowest point of the day.
DBS was the worst, with an increase of 6.32% at the opening, but by the time it closed, the price was lower than yesterday's closing price, with a decline of 0.42%.
This trend is far from being described by the top of the dark clouds, and it may be more appropriate to describe it with the word joy and sorrow.
The only thing to be thankful for is Wang Minghui, his Sanjiang Holdings opened with a 6.26% increase, and although the increase narrowed to 3.91% at the close, this increase is much better than the increase in other people's stocks, and this stock also hit a recent high of 19.50 yuan in the day.
Represented by this stock, the overall gains of stocks in the brokerage sector today are among the highest among all sectors.
Zhang Shaohui looked at the stock in his hand today, which was close to a price limit, and the profit was gone, and his heart felt like he had knocked over a five-flavor bottle, bitter, spicy, and spicy. He said, "What's the situation, is this a day trip?"
Wang Minghui asked: "Li Xin, what do you think of today's trend?"
Li Xin shook his head and said, "I don't understand it either." ”
Wang Minghui said: "Is the pressure on the 60 moving average so strong? The broad market index was knocked down as soon as it was probed, and I thought that the broad market index could stand above the 20 moving average today. However, looking at the current situation, tomorrow may be going to test the support of the 20-day moving average. ”
Li Xin sighed: "Alas, there are twists and turns!"
Wang Haoqiang said: "If the broad market index is really back to around the 20 moving average tomorrow, which is almost the same as the closing point of the day before yesterday, then this third wave cannot be counted?"
Li Xin said: "Of course, it can't be regarded as the third wave, it should still be in the second wave." ”
Wang Minghui said: "Such a major positive has not been able to pull the index above the 60 moving average, and it seems that the bull market thinking is really not something that can be established in a day or two." ”
Li Xin had found the sign that the brokerage sector was among the top gainers today when he checked the hot spots after the market closed, so he said: "Today is full of sorrow, it was expected that the market and individual stocks would skyrocket, but I didn't expect that they almost fell back to the price of a day ago." But there is still something to be thankful for, that is, the brokerage sector has risen quite well today, which is a good sign. Lao Wang, the trend of Sanjiang Holdings in your hand this afternoon is a little unusual, its maximum increase at 14:00 in the afternoon has reached 8.85%, which is greater than the increase at the opening. At the same point in time, the stocks in the hands of several of us fell one after another. ”
Wang Minghui said: "Maybe it's a coincidence, the previous increase in my stock could not catch up with the increase in Liugong Machinery and Jingxi Coal." ”
Li Xin said: "I think it's still a little unusual, because after 13:30 this afternoon, the stocks in the brokerage sector as a whole have seen a wave of rise." It is said that the prophet of Chunjiang plumbing duck, the sudden emergence of the brokerage sector at this time is a good sign. ”
Wang Minghui smiled: "I hope so." ”
Li Xin said: "It's not a wish, it's a firm believe." We are all still waiting for brokerage stocks like Sanjiang Holdings to rush up with the market. If you look at these stocks, your Sanjiang Holdings is still standing above the 5-day moving average today, and the 5-day, 10-day and 20-day moving averages of your stock are obviously in a bullish arrangement, and the momentum is very good. ”
Wang Minghui said: "When it comes to the moving average system, I still have a question, if you look at the trend of the broader market index, the 60-day moving average is obliquely to the lower right, the 20-day moving average is oblique to the upper right, and the 5-day moving average and the 10-day moving average are sandwiched between them. As time goes on, this triangle between the 20 and 60 EMAs will get narrower and narrower, and the broad market index will face a dilemma in the future: either break above the 60 EMA to the upside or break below the support of the 20-day EMA to the downside. And such an option will come in the next four or five trading days. The question now is, the index closed such a big black candle today, maybe tomorrow it will test the support of the 20-day moving average, right?"
Li Xin took a closer look at the trend chart and said: "Eh, your analysis is very correct, the apex of the triangle formed by the 60-day moving average and the 20-day moving average is getting closer and closer, and the market index will be drilled into the tip of the bull's horn after three or four trading days, facing an upward or downward choice, and it will be clear what the result will be at a glance at that time?"
Wang Minghui smiled: "It's not a big deal to say that you are watching the excitement, because your position is heavier than all of us." But listening to your tone, it seems that such a big choice as the upward and downward trend of the market index is none of your business at all. ”
Li Xin said with a smile: "I'm also worried, but what's the use of worrying? In order to let the market index linger back and forth below the 60 moving average for a long time, it is better to let the angle formed between the 20-day moving average and the 60-day moving average come a little earlier, as you said, so that the market index can make a choice earlier.
Friday, November 28th.
The broad market index continued yesterday's decline, opening with a 1,901-point gap and then continuing to move lower, with the lowest point of the day being 1,856 points and closing point at 1,871 points, a decline of 2.44%.
This closing point just fell below the 20-day moving average of 1,876 points.
Wang Minghui said: "Li Xin, didn't you say yesterday that you should die and live a little faster, and have a good time? Now this result has come. This is the first time that the broader market index has closed below the 20-day moving average since November 7, and the future trend is worrying!"
Although Li Xin's Liugong Machinery fell little today, only 1.13%, and its closing price of 10.49 yuan is still standing above the 20 moving average, but his most optimistic Jingxi Coal Industry opened low today, the lowest price was 8.50 yuan, and the closing price was 8.63 yuan, a decline of 4.96%. This close is below the 20-day moving average of $8.75. And the K-line chart of this stock has been negative for 5 consecutive days so far, and even Li Xin will not believe that it can rise sharply in the short term.
Hearing Wang Minghui say this, Li Xin was also a little depressed: "It's a big deal to stop loss and leave the market after falling below 1664 points." ”
Wang Haoqiang's development bank closed at 8.99 yuan today, a decline of 4.97%, and this closing price is getting farther and farther away from the 20 moving average of 9.64 yuan. Coincidentally, the stock's closing price of $8.99 today is the same as the highest price on November 7. The lowest price on November 7 was 8.21 yuan, which was less than 8 cents compared with today's closing price of 8.99 yuan.
Wang Haoqiang said: "It seems that my stock will be the first to hit the previous low. ”
Monday, December 1st.
The broader market index opened slightly lower at 1,865 points and then went all the way down, falling to 1,847 points at 9:50 a.m., a decline of 1.26%.