Stock Commentary: Can the Rally Sustain?

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Where is the rebound?

Yesterday, Li Jiadaer used this title to launch a stock review, and did not say so in the article: "The rebound after this pullback is expected to be launched before 4730." If it rebounds directly upwards on Wednesday, it depends on the strength of the rebound, if the rebound is large, the adjustment may be over, if the rebound is small. Then the market will definitely step back on the upper and lower rails of the narrow box!

……

The above is the judgment of Wednesday's market, so let's review, how is Wednesday's market interpreted?

On Wednesday, the Shanghai and Shenzhen markets continued to fall after opening slightly higher, and the Shanghai Composite Index fell by more than 120 points during the session, followed by banks, brokers, coal, and steel. Driven by large blue chips such as nonferrous metals, it began to fluctuate upwards and rebounded, and finally the Shanghai Composite Index closed up 80 points, closing out a long lower shadow in the yang line. The GEM rose 4.2% to close a long white candle. The trading volume of the Shanghai Stock Exchange was 830.3 billion yuan throughout the day, and the volume and energy were still shrinking.

What caused the market to have a V-shaped reversal?

Some people say that Wednesday was stimulated by the news of the mixed reform of the Bank of Communications in early trading.

But you can see it. In the morning, it only rose slightly, and then the market continued to dive, falling directly to 4767 points. It is the lowest point of the Li family's eldest prompt, but it is just a snap of a finger!

At the same time, the book friends of the alliance and the stock fairy seem to have noticed. Box graphics uploaded yesterday. Take a look at the perfect support for the market!

It is near this perfect support line. The broader market rejected the downward stride, and then began to rally upward. Moreover, with the continuous recovery of the index and the influx of copying chassis, the index came out of the reversal on Wednesday.

The trend of the morning market was once again reprimanded by the Li family.

In the article "Where is the rebound" stock commentary, I have actually written a reminder just now, such as what Li Jia'er said: "The rebound after this pullback is expected to be launched before 4730 at the lowest." If it rebounds directly to the upside on Wednesday, it depends on the strength of the rebound. If the rebound is strong, the adjustment may end there, if the rebound is small. Then the market will definitely step back on the upper and lower rails of the narrow box! Of course, if Wednesday morning directly followed the trend and fell again. (This is a relatively high probability trend that the Li family thinks!) The individual stocks can have a strong counteroffensive on Wednesday afternoon or Thursday, which is basically consistent with the subscription time node of the super-cap stock Guotai Junan. ”

Li Jia'er is here to sort out the disk for you, among which the Bank of Communications was boosted by the good news, and led the bank stocks to be lively in the morning, prompting the stock index to rebound first, and then as we said in the stock fairy alliance. Bank protection is difficult to last!

After the banks turned back, the Shanghai Composite Index came to the 4767 line. On the market, blue chips stopped falling at 4767. The yellow line of the small and medium-sized board is pressed around 4730. At the same time, the Li family noticed that China CITIC Bank had begun his journey of soaring against the trend. CITIC moving the market rebound?

CITIC played the role of a leader in carrying the flag at a critical moment. Then all the people who are respected! By midday, the decline narrowed. In terms of individual stocks, varieties such as CRRC, whose stock prices were rapidly cut in half, began to stabilize and rebound.

I don't know if you've noticed a pattern. That is, if you come to buy the bottom after the crash, there is always a bipolar concept! That is: the most falling! Super strong refuses to fall!

In the morning, there were already league leaders in the alliance who made a decisive move on the 4760 line. As long as you are not greedy. It won't be too much of a problem. However, it still needs to be emphasized that the positioning of the Li family in this intraday session is still the same as yesterday's stock commentary!

Rebound! Non-reversal!

We have strong varieties, such as Hu Sanshao's 981! At present, it looks domineering. But the opinion of the eldest son of the Li family is "fast in and fast out, not in love with war". I won't go into detail about the stocks in the midday commentary. The key point is also the last point I want to talk about today: at noon, the alliance chatted, and the eldest of the Li family elaborated on a problem. Hand in one!

It's like a screenshot chat message of WeChat* for everyone to see. Continuously short selling the market, funds entered the money market fund on Friday to eat interest. On Monday, the plate began to be sour and unlimited!

It's not like you don't know that the market is going to adjust, right? Do you have a coping strategy? Who can say that every time the market is sour, there are contrarian tickets such as Jinzhou Pipeline and Huihong Shares for everyone to avoid risk?

Can you do it in the future? ”。

Looking back on the information at noon, the eldest son of the Li family suddenly sighed with emotion: "Hu Sanshao's 981!" At present, it looks domineering. But the opinion of the eldest son of the Li family is "fast in and fast out, not in love with war". ”

In the afternoon, the market trend was enchanting, but the 981 of the Hu family's three young people rose against the trend and fell strongly. If the alliance leaders don't fast in and out, they won't be in love. I thought about it and got a little bruised.

Yesterday said: "Wednesday directly rebounded upward, it depends on the strength of the rebound, if the rebound is large, the adjustment or the end of it, if the rebound is small." Then the market will definitely step back on the upper and lower rails of the narrow box! ”

The original words of the stock review.

I guess some people want to ask, is this reversal the beginning of a new round of upward attack?

The eldest of the Li family is actually a little pessimistic that it is not yet time for the end of the adjustment and the direct start of a new round of attack.

After the previous two consecutive days of plunge, it is pointed out that there will be a rebound by Wednesday afternoon or Thursday at the latest, and this rebound is best to directly kill the support chart provided yesterday, and the support line will be expanded, because this adjustment is the most sufficient, the stronger the rebound, and the better the effectiveness.

Wednesday's move is obviously not considered to be the end of the whole correction, but this low will be a phased low for the later correction. There is a high probability that the index will come out of a wide range of fluctuations. From a strategic point of view, Li Jiadaer believes that after two consecutive days of killing and falling and following the expected rebound market, the short-term may stabilize, but it is worth emphasizing that this does not mean that it is truly effective stabilization, and the market in the next two days still needs to be observed. After all, in the alliance group and the group of stock immortals, the Li family's speech and copy of the record made all book lovers pay attention to the containment of the upper resistance level!

In fact, in any case, the probability of a rapid new high in a short period of time is not large. After all, the story of the wolf came was shouted twice before, and this time it was the third time.

The third time, the wolf may have actually arrived.

As for the pullback space, Li Jiadaer temporarily maintains the views of the recent article unchanged, believing that the Shanghai Composite Index will fluctuate at 4500-5200 points for a long time in the future, that is, there is strong support near 4500 points of the Shanghai Composite Index, and another support level is at the lower track marked on the group support chart! The support moved up to around 4760 on Thursday.

In the face of the rapid decline in the past two days, the rebound and so on.

Emotionally speaking, Li Jiadaer believes that the adjustment is very timely, and after this adjustment, the market index will really challenge the 5500-6124 point area.

At that time, a new era of the Shanghai Composite Index will come, and of course this is something to say. But after all, the real new round of upward attack has not yet opened, and it will only appear after the index continues to fluctuate and repeatedly consolidate in the box. And from the perspective of the general trend, after a new round of upward trend in the later stage, it means that the bull market has entered the last stage. Therefore, there is no harm to the market in the current more shocks, and stepping into a new upward market too early will make the bull market shorter.

Individual stocks have been sorted out in the Stock Immortal Alliance today, and I will not comment too much. Tips: Guodian Power, open when you break through the upper attack range of the box. (To be continued......)