Chapter 162: Two Yin and One Yang
Thursday, December 11, light rain.
"Today is good and bad, how will the market choose the direction, is it up or down?"
Early in the morning, Qi Fei began to analyze the news on the disk in the miracle group.
"The Bureau of Statistics announced yesterday that the PPI in November increased by 2.o% from the same period last year, an increase much lower than the 6.6% increase in November, the lowest increase in the year. In addition, the National Statistics Office (DSEC) will release the November release today. "Hong Kong stocks closed higher on Wednesday, with the Hang Seng Index closing up 824.0 points, or 5.6%, at 15,577, rising to its highest closing point in nearly two months. Market analysts believe that the Hong Kong stock market is expected to last for three days. After the end of the central economic work conference, further economic stimulus measures will be introduced, so it has risen sharply. ”
"So did the conference really roll out economic stimulus? According to the latest reports, in. The Central Economic Work Conference was held from December 8 to 1o, and the meeting put forward five key tasks for next year's economic work, including maintaining the stability of the capital market and the real estate market. The meeting also pointed out that it is necessary to strengthen and improve macroeconomic regulation and control, and implement a proactive fiscal policy and a moderately loose monetary policy. ”
"I personally believe that to maintain the stability and health of the capital market, it means that the capital market will become one of the important platforms for expanding domestic demand and stimulating economic growth. Maintaining the stability of the capital market will become an important task for all departments in the future, and the confidence of investors in the stock market will also be greatly boosted. ”
Speaking of this, Qi Fei stopped.
Hearing this analysis, Ding Xu smiled. replied in the group: "Brother Qi." Your last sentence is well said. Maintain the stability of the capital market and maintain a healthy exhibition. This has been the case for a long time. However, as the five key tasks of next year's economic work, this is to raise the capital market to a very high position, which is an unusual formulation, and there will certainly be many measures in the future. ”
"Yes, it should continue to rise sharply today, and the Shenzhen Component Index is expected to take advantage of this good news to hit the half-year line." Big Meat Bun said excitedly.
Next, the group members had a heated discussion on the positive and negative mentioned by Qi Fei. In the end, most people believe that the market can continue to rise today.
Ding Xu mentioned the law of "every meeting must fall", pointing out that yesterday's meeting was over, and there is still the possibility of adjustment today, but most people disagreed, thinking that this was too much to worry about.
In the end, Ding Xu also felt that he was really worried.
At the beginning of morning trading, the Shanghai and Shenzhen markets both opened slightly lower, and then quickly turned red. After that, it quickly dived and turned green, and then pulled up again, and once rushed to a position where it rose by 1%. Diving again.
And the time when the market began to dive was the time when the economic figures were announced - half past ten in the morning. The Bureau of Statistics distributed the economic operation figures for November. According to the figures, the overall level of consumer prices (CPI) rose by 2.4% year-on-year, down by 8.8% from January, which is the seventh month of decline since the beginning of this year.
According to the analysis of relevant experts, since the CPI continues to fall, it means that the central bank may continue to cut interest rates, which is good for the stock market.
However, after the announcement of this number, the market dived for a while, and then pulled up again, and the Shenzhen Component Index once soared to 7577 points, almost hitting a new high, and then pulled back slightly.
Throughout the morning, the Shanghai and Shenzhen markets have been repeatedly oscillating between the red and green markets, which is a bit of a monkey market.
And in the afternoon, the situation changed. The originally relatively healthy upward trend was replaced by a unilateral decline in the afternoon, and the Shanghai and Shenzhen markets seemed to be competing to see who could dive more and stab down one by one.
The bulls appear to be very weak and have little resistance. There is a lack of hot plates in the two cities, there are few stocks with a daily limit, the number of red stocks has decreased by more than half compared with yesterday, and there are more than 3oo varieties that have fallen by more than 5%. Even bank stocks, which had been working hard to protect the market, suddenly turned around and fell, and many funds fled in a hurry.
By the end of the afternoon, the Shanghai Composite Index closed at 2o31 points, down 47 points, or 2.28%, with a turnover of 89.7 billion. The Shenzhen Component Index closed at 7,361 points, down 128 points, or 1.72%, with a turnover of 4.6 billion. The trading volume of both the Shanghai and Shenzhen stock markets has shrunk from yesterday's rise.
Baotou Iron and Steel Rare Earth has maintained a red plate rise this morning, but in the afternoon began to dive wave by wave, the closing price was 8.55 yuan, down 5.42%, with a turnover of 210 million yuan and a turnover rate of 5.74%. Today's volume is slightly lower than yesterday's volume.
After closing, Ding Xu said in the group with some distress: "Why did it suddenly fall sharply, is it really the end of the economic meeting, and the law that every meeting must fall has begun to work?" Yesterday's upward momentum of the market was not bad, it was considered a bottom cut, and it had the meaning of two yangs and one yin. As a result, as soon as it is done today, it will become two yin and one yang again. The good upward trend has been destroyed, and the market outlook is not good! ”
Yesterday, Ding Xu's market value in Baotou Steel's rare earth has reached more than 400,000 yuan, and a drop of five points means that he will lose more than 20,000 yuan, which makes him feel a little painful, and he also began to reflect on whether there is any problem in his judgment.
The so-called two yin and one yang refers to the fact that in the K-line chart, a yang line is sandwiched between two yin lines, which is usually a pattern on the way down, indicating that the stock price is falling, and the resistance of the bulls is encountered in the middle, but it still can't stop the power of the bears, and the stock price will continue to fall.
Contrary to the multi-party cannon of two yangs and one yin, two yin and one yang is a relatively obvious sell signal, also known as "short cannon". It reflects that the market bears have the advantage, and the bulls are fighting and retreating, and the situation is not optimistic. At this time, investors should consider exiting the market, taking profit or stopping loss.
If it is a small and medium-cap stock, and the market maker's control range is relatively high, then the K-line combination of two yin and one yang is relatively easy to make, and it is easy to be deceived by the market maker and become a washing tool. However, if it is the stock price of a large-cap index or large-cap stock, and it appears at the top of the high after the market has risen for a while, the accuracy rate is relatively high.
Specifically, this is because the stock price has reached a certain high level after continuing to climb. On a certain day, the stock price opened high and went low, and the daily K-line closed out a medium yin or large black line with volume, indicating that the selling pressure of the profit market began to increase, or the main force in the intraday market has begun to lose weight and leave the market. The next day, the stock price did not continue to fall, but opened low and went high, closing a small and medium-sized white line, it seems that the bulls began to fight back again, giving people the illusion that the upward trend is not over.
However, the trading volume of the day shrank significantly compared with the previous day, indicating that the positive candle of this day is deceptive and the willingness to go long is not strong. On the next trading day, the stock price opened high and low again, a large number of profit orders surged out, and the trading volume was amplified again, which fully showed that the energy of the bulls had been completely consumed, the bears had completely controlled the overall situation, and a round of downward trend had been basically established.
Therefore, when the stock price is at a relatively high level, and the daily K-line combination forms "two yin and one yang", it usually becomes a clear head pattern. If the volume of the two black candles is greater than the volume of the white candlesticks, the validity is higher and the investor should sell resolutely.
There are three main points for judging two yin and one yang, one is that the two yin lines are longer, which are usually larger than the length of the yang line. The second is that the trading volume accompanied by the two black candles is significantly greater than the trading volume of the positive candlestick. Third, the stock price has climbed to a certain high.
Regardless of the Shanghai Composite Index or the Shenzhen Component Index, the K-line combination in the past three days is obviously a trend of two yin and one yang. Although today's trading volume of the white candle is smaller than that of yesterday's white candlestick, the trading volume of yesterday's white candle is also significantly less than the trading volume of the negative candle the day before yesterday.
"Every meeting will fall? Nothing like that! Qi Fei categorically denied it, "I just heard a piece of news, which is the root cause of the sudden plunge in the market this afternoon!" ”
"What's the news?" Ding Xu hurriedly asked.
A senior management source of CNR shares revealed. Supervise. The Company is reviewing its application for an A-share sub-public offering (IPO). The senior executive revealed that despite the downturn in the A-share market, the company will be listed in accordance with the procedures after the approval of the China Securities Regulatory Commission. Qi Fei replied.
"I also saw this news, but it was just gossip, and no relevant information was announced on the company's official homepage." Ding Xu said confusedly.
"There is no one on the official website, but two media outlets have already revealed the company's senior management today. I'm sure it must have been this news that had a negative impact on the main bulls in the broader market! Qi Fei said angrily, "At present, the market is in the stage of recovery, the reason for which comes from the care of the policy, as well as measures such as funds and institutions sweeping orders and non-platforms, and more importantly, the management has stopped the IPO of new shares, and the market has initially gained respite. However, if the floodgates are really opened for new stocks, the market will die, and this wave of market will be over! (To be continued!)
ps: Thank you very much for the "favorite Chenxin" and "Eat two steamed buns" two book friends for rewarding the 11th and 12th leaders of this book, welcome to the big family of the miracle group to gather and communicate. When my neck is better, I will add more for you, thank you.
Last night's solution mentioned: "It is expected that there may be an intraday sharp drop this week, and the maximum decline may exceed 2%. But even so, there is no need to worry that the market will peak this round...... It's not the end of the rally, it's still a squat before the upswing. ”
One of the reasons for the judgment that it will be adjusted is that the steel plate made up for the rise yesterday, which generally means that a round of rise is nearing the end, at least to the sideways shock wash, digest the pressure brought by the profit-taking plate.
Today, the market began to adjust as I expected, but the adjustment was relatively limited, and the Shanghai Composite Index only fell by 2o points at most, less than 1%. In the end, the Shanghai and Shenzhen markets closed out of the small yin hanging neckline, but the number of stocks that rose and fell in Shanghai and Shenzhen was about the same, the index fell, the market is still booming, and the money-making effect is still obvious.
And I also proposed yesterday that this is a round of cross-year market, which is near for Shanghai-Hong Kong Stock Connect, far from preparing for the registration system, is a round of small bull market, and is a very profitable period.
Therefore, choosing individual stocks now is the key, even if you continue to adjust tomorrow and the day after tomorrow, don't worry. As I said at the end of the week: "There will be repetitions and adjustments, but it doesn't matter, what matters is the upward trend." ”
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