Chapter 635: A False Breakthrough in a Fiery Mood!

After that, driven by the money-making effect that has been played by several popular main lines such as 'infrastructure' and 'military industry'.

A number of active capital flows within the market have begun to accelerate the inflow into these hot main line areas, resulting in further blood loss from a number of low-level main line sectors such as 'technology growth', 'big consumption' and 'big finance', and also making the core hot spots of the market, as well as the trend of the market, further concentrated in these hot main line areas.

Finally, under this market trend pattern.

At the close of 3 o'clock in the afternoon, the Shanghai Composite Index closed 0.89% higher, while the Shenzhen Index and the ChiNext Index almost remained flat, of which the small and medium-sized board index also fell slightly.

After the close of the two markets.

In the face of today's market, the main lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', and 'Shanghai Free Trade Zone', which are popular in the early stage, have picked up and broken through.

The vast number of investor groups in the two cities are excited and excited.

After all, after the continuous strong trend of these popular main lines for several months, as well as the strong money-making effect of condensation, the retail investor groups currently gathered in these popular main line areas have occupied a large share of the investor group in the market, in other words, the main position gathering place of the active retail investor groups in the current market is the hot main line areas of 'infrastructure' and 'military industry'.

In this way, when the popular main line areas of 'infrastructure' and 'military industry' have risen sharply.

In the natural market, the group of retail investors who make money accounts for the majority.

And everyone is also happy to see the hot main lines of 'infrastructure' and 'military industry' continue to rise in the early stage.

On the other hand, though.

After the positions of most of the retail investor groups have been condensed in the popular main lines of 'infrastructure' and 'military industry', it also means that the chips of these popular main lines are scattered a lot as the majority of retail investors continue to pursue and buy.

Similarly, compared with the current weak 'technology growth', 'big consumption', 'big finance' and other low-level main line areas.

These main line areas, which have been fully adjusted and continue to show a money-losing effect, have been continuously stopped and sold by the majority of retail investors, but at this point in time, the chip structure has been tightened a little and has become more cohesive.

And different main areas, different chip structure changes.

Naturally, it also gave the main line of the market to change and a new opportunity.

However, before the new main line of market changes really happen, inside and outside the market, the vast majority of investors can only see the current market changes, and most investors will only follow the market sentiment to adjust their positions, chasing in the vast number of investors chasing up and down.

Even if I realized that the core hot main line chips such as 'infrastructure' and 'military industry' were loosened.

As a result, the rebalancing was carried out.

The main positions have been adjusted to a relatively low level of many major capital institutions in the main line areas such as 'technology growth', 'big consumption', and 'big finance'.

At the moment, staring at such a closing situation.

Looking at the core main lines of 'infrastructure' and 'military industry', driven by the continuous price limit of the big demon stock of 'Blue Stone Heavy Equipment', a comprehensive counteroffensive was launched, and a new rebound high and annual high were created, and the heart began to doubt the previous position adjustment strategy.

I'm not sure whether the market will go down the path of 'high and low switching'.

Even, within the day, there have been some of the main funds that have taken profit in advance and intervened in the low-level main line, and after finding that the low-level main line could not gather emotions and form a consistent capital force, forming a breakthrough trend upward, and then replacing the relatively high-level "infrastructure", "military" and other main line markets, it turned back to the popular main line areas such as "infrastructure" and "military industry", and got back some of the chips that were thrown away before.

In short, under the seemingly hot money-making effect of the market.

In the popular main lines such as 'infrastructure' and 'military industry', they show traces of another upward breakthrough.

Within the large capital groups of all parties in the market, and in the hearts of the many tourist capital groups active in the market, the market trend in everyone's hearts is still very different.

On the surface, of course.

Inside and outside the entire market, in the face of the Shanghai Index almost standing at 2,900 points, in the face of the popular main lines of 'infrastructure' and 'military industry', and in the face of the terrifying trend of 'Blue Stone Heavy Equipment' 19 boards, the consistency of emotions and the concentrated bullish power of the bulls are still very strong.

At the same time, the overall turnover of the two markets today has once again hit a new high.

It reached the point of 521.189 billion.

This amount of energy, basically, is the highest amount of energy in recent years, looking back at the last time this level of energy appeared in the market, or 07 years when the big bull market peaked.

Therefore, many people see that the market has risen in volume and price again.

At the same time, the financing balance of the two cities also further stood at 870 billion.

Everyone believes that the Shanghai Composite Index will continue to rise and break through the key position of 3,000 points, which is not too difficult at all.

However, the trend of the facts, and everyone's expectations, is often far from what everyone expected.

The next day, Friday, October 24.

Under the dual influence of hot sentiment and good external trends, the market has achieved a comprehensive higher opening.

Among them, as the core main line and core hot spot of the market, the main line of the 'infrastructure' and 'military' industries, as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', 'Shanghai Free Trade Zone', 'Nuclear Power' Concept Plate Speculation, has opened higher than 1% of the rise, the capital is hot chasing, one after another rush to raise the situation, it can be said that it is self-evident.

Moreover, leading concept stocks like 'Bluestone Heavy Equipment', which is highly concerned by the whole market.

It is directly higher than the 7% increase position, and the willingness of all parties to undertake funds is still very strong, and it fully shows the exciting situation of hitting the 20th price limit.

However, such a hot opening situation.

After the official opening of the market, in addition to the check of 'Blue Stone Reloading', which continued to lightning upwards and continued to seal the price limit.

Other ......

The entire main line of 'infrastructure' and 'military industry'.

As well as around the 'Eurasian Economic Belt', 'New Era, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', 'Shanghai Free Trade Zone', 'Nuclear Power' Concept Plate Speculation and Shock, as well as yesterday's concept of leading stocks that obviously played a strong money-making effect.

They have opened high and walked low.

After attracting a wave of aggressive funds at the beginning of the session, it dived rapidly, and lightning engulfed the gains of the high opening.

Of course, at the time of these main line concepts, they have been diving high.

There are also the main lines that opened the money-making effect yesterday and showed a strong state to maintain a strong momentum, continue to expand the money-making effect, and continue to gather the joint force of funds to do long.

That's the 'sub-IPO' sector that showed a strong state yesterday.

Today, after the official opening, in the case of the 'Blue Stone Reloading' check continuing to hit the 20th price limit, it once again rose sharply, and the corresponding constituent stocks, especially the new stocks listed in the last two or three months, have exploded rapidly, directly impacting the price limit.

10 minutes after the official opening......

'Infrastructure', 'military industry' and other popular main areas of the market have fallen below the opening position.

At the same time, it also dragged the index high and low, and once again lost the important mark of 2900 points that it broke through yesterday.

The 'sub-new stocks' sector is showing a leading trend, frantically attracting the main funds within the market to follow the trend and hype, and once again set off a tide of price limits.

As for yesterday's weak shock, there is basically no low-level main line field that shows any money-making effect.

For example, in the main line areas of 'science and technology growth', 'big consumption' and 'big finance', today in the trend of 'infrastructure', 'military industry' and other popular main lines opening high and falling low, they have barely kept up with the market, showing a relatively resistant trend, among them, there are also a few concept stocks soaring.

However, a handful of concept stocks surged higher.

Under the overall trend of the market opening high and moving low, it is still not able to further intensify the investment sentiment and speculation in these low-level main line areas, resulting in the active main capital groups of the whole market from the high-level and low-level to these low-level main line areas to further converge, condensing more and more intense money-making effects.

In general, it was after yesterday that the market showed signs of a full-fledged breakout.

The market has not been able to extend its strength today.

The popular main lines such as 'infrastructure' and 'military industry', which everyone is looking forward to, have not shown a continuous hot money-making effect as before.

And these popular main lines open high and go low.

It directly poured a basin of cold water on the investor groups who chased higher yesterday and in the morning.

"Why do you feel that the trend of the core main lines of 'infrastructure' and 'military industry' is cheating artillery?" Seeing that the market is under the extremely high expectations of the majority of investors, it has opened high and gone low, and continues to kill and bury people, and the popular main line areas such as "infrastructure" and "military industry", a number of core constituent stocks and concept leading stocks, the sell-off on the disk is also higher than the other, at this moment, Yanjing, Yihe Capital Investment Company, in the main fund trading room, Gao Xiang, the head of the trading team, stared at the disk, and obviously frowned, "Mr. Chen, do you think it is?" ”

Fund manager Chen Yihe was standing beside Gao Xiang, and when he heard Gao Xiang's words, a trace of helplessness was obviously crossed in his sharp eyes, and he said: "Today's performance of the popular main lines of 'infrastructure' and 'military industry' is obviously greater than yesterday, and it looks ...... It is indeed a bit like a sign of high shipments, but it is not necessarily 100%, after all, there is no low-level main line market that can undertake the adjustment of the "infrastructure", "military industry" and other popular main lines.

The concept of 'sub-IPO' alone can't take on much money at all.

Relying on the concept of 'sub-IPO' alone cannot stabilize the market.

Therefore, whether it is a scam or not, it depends on what the final closing result is after the violent intraday shocks of the popular main lines of 'infrastructure' and 'military industry'. ”

"Hmm!" Gao Xiang nodded, and said with some doubts, "At present, except for the hot spot of 'sub-new stocks', the market has indeed not shown the direction of the combined force of other core main lines, hey...... It is also strange that the low-level main line areas, such as 'science and technology growth', 'big consumption', and 'big finance', have not been able to form a joint force of funds.

It stands to reason that in the core main lines of 'infrastructure' and 'military industry', the pressure on the disk has become significantly heavier.

At the time of the large-scale exodus of profit-taking orders.

There should be other low-level main lines that stand up, siphon the retreating profit-making funds, and complete the rotation and conversion of the main line, but I didn't expect it......

For such a long time, the market has been revolving around the line of 'infrastructure' and 'military industry'.

'Science and technology growth', 'big consumption', 'big finance', 'non-ferrous cycle', these low-level serious stagflation of the main line plates, even if they gathered some funds to go long for a while, the result was several times, but only out of a short-term rebound market, did not open the continuous money-making effect, forming an effective breakthrough.

As a result, the main funds of all walks of life have no choice but to return to the popular main lines such as 'infrastructure' and 'military industry'.

However, the internal chip structure of the popular main lines of 'infrastructure' and 'military industry' has long been significantly loosened, and the funds that have gone out will turn around on a large scale in this relatively high position, take back the chips, and continue to concentrate on the main line of these huge volumes?

I think...... The odds should be small, right?

Moreover, after the chip structure is dispersed, the divergence of this position is also large.

Relying on a short-term hot mood, it is okay to go through the market for a day, and if you want to continue to play space, it is impossible without sufficient adjustment in time and space.

And I think this is also under such a high market turnover.

After yesterday's fiery emotional reaction, today's main lines such as 'infrastructure' and 'military industry' are the reasons for diving high and going low.

Such a large market trading volume cannot promote the main lines of 'infrastructure' and 'military industry' to continue to rise.

Then I think that in the short and medium term, it is unlikely that these major market hot main lines will be able to go up.

Losing the assists of several popular core main lines such as 'infrastructure' and 'military industry', if the index wants to continue to hit the 3,000-point mark, it must have other low-level and strong expectations of the main line to relay assists. ”

"That's the truth." Chen Yihe bowed his head slightly and said, "But the market has always been on the main line at a low level, and it is not possible to form a unified force, and there is no way.

Therefore, many funds that think they are smart have switched in advance.

It was ambushed in the low-level main line fields such as 'technology growth', 'big consumption', 'big finance', and 'non-ferrous cycle'.

Waiting for the follow-up funds to retreat from the main line of 'infrastructure' and 'military industry' to carry a sedan chair with them.

But before there is no huge change in the macro news of the market, how can many major capital institutions that still hold large-scale positions in the main line of 'infrastructure' and 'military industry' be so easy and willing to lift a sedan chair for others?

So, this creates a market divergence, and in this position, it has been large, and it is difficult to translate into a consistent direction.

In other words, at this time, there is no main institution with large funds, and they are willing to take the initiative to guide the disk and make wedding clothes for others.

Therefore, I have been reluctant to concentrate on pulling the market, quickly condense funds, and play the market hard.

This has led to the embarrassing situation that the main lines such as 'infrastructure' and 'military industry' cannot go up, and other low-level main lines cannot get up, so that the index has been stuck in this position.

Also because of this situation of great disagreement.

Other short-term capital groups can only go sideways to do the leftover feeder market such as 'sub-new stocks'. ”

"So...... Is Chen always not optimistic about the next market situation? Do you think that the Shanghai Composite Index will most likely step back on the lower edge of the support of 2700 points or even 2500 points? Hearing Chen Yihe's analysis of the market trend, Gao Xiang probably understood what the other party meant, and asked with a smile, "But the change in market turnover can't deceive people, the amount of 500 billion can, under this amount of energy, the liquidity of the market is still quite abundant, and the Shanghai finger breaks through the big divergence, but it falls, and the strength of the undertaking is also very large, it is estimated that it can't fall, right?" ”

Chen Yihe responded with a smile: "I am not optimistic that the market will break through 3000 points in a short period of time, but I am not bearish on the market, it is estimated that the market will continue to maintain the shock pattern, as for when it can change, I estimate that it must be on the macro news surface, there is a major positive stimulus, it is possible, otherwise the main funds of all parties in the market continue to game, I am afraid that in the short term, it is difficult to eliminate this huge divergence, and concentrate the financial power in one direction." ”