At 1:04, the related industry sectors and concept sectors in the core main line areas of 'big consumption', 'mobile Internet' and 'smart phone industry chain', as well as their corresponding concept growth stocks, all ushered in a short-term buying force in the trend of 'big finance', 'big infrastructure' and 'military industry'.

At 1:05, the concept of 'domestic software' changed.

At 1:06, 'Netspeed Technology', 'Inspur Information', 'Huaguo Software'...... and other popular software stocks, which have risen higher.

At 1:07, the 'Apple Concept' plate moved.

At 1:08, the two stocks of "Goertek Acoustics" and "Changying Precision" suddenly rose and moved, rising more than 2% one after another.

At 1:09, in the main line of 'big consumption', retail, beverage and food, and automobile sectors, there was a certain amount of attention to the main buying funds.

At 1:10, the 'non-ferrous metals', 'petrochemical', and 'coal' sectors, which have been fluctuating at a low level, have also ushered in the attention of some main buying funds.

At 1:11, the 'film and television media' sector continued to lead the rally and extended the gains on the market.

At 1:12, 'Netspeed Technology' rose by 2.5% in the day, and the main amount of funds on the disk began to show an obvious net inflow trend.

At 1:13, the intraday increase of 'LeTV' expanded to more than 3%.

At 1:14, the overall market style of the two cities began to further change to the field of small and medium-cap concept stocks, and the weighted stocks generally continued to fall.

At 1:15, the share price of 'Huace Film and Television' rose by more than 7% in the day.

At 1:16, 'Ciwen Media' hit the price limit.

At 1:17, the securities and Internet finance sectors in the main line of 'big finance' fell back to within 1% of the intraday gain, and at the same time, the intraday increase of the A50 index also retreated to less than 1%, while the intraday increase of the Shanghai Index shrank to about 0.6%.

At 1:18 a.m., the check of 'Changying Precision' rose by 5% during the day.

At 1:19, 'Yingkou Port', which was once extremely strong in the intraday performance of the "Eurasian Economic Belt", "Northeast Revitalization", and "China-Japan-Korea Free Trade Zone", suddenly fell sharply, and the disk rose from more than 7% to less than 5%.

At 1:20, the intraday gain of 'CEFC Securities' retraced to within 1.5%.

At 1:21, the disk price of the check of 'Huagong International' shrank to a flat position, and there were signs of turning from red to green.

At 1:22, the three core popular stocks of the Internet financial sector, "Flush, Great Wisdom, and Oriental Wealth", rose one after another, among them, the "Oriental Wealth" check rose completely, and there was a downward trend.

At 1:23, in the morning market, the 'Blue Stone Heavy Equipment', which once soared to more than 5%, also showed a significant downward trend.

At 1:24, the entire "big infrastructure" main line of the industry sector, the concept of the sector index, all continue to pull back, among them, the commercial real estate development sector, there is a significant diving trend, and the "Kumho Group" stock price began to turn from red to green, showing a significant downward trend.

At 1:25, "Huaguo Construction, Huaguo Metallurgical, Huaguo Railway Construction, Huaguo Communications Construction ......" and other "Huazitou" stocks fell one after another, among them, the "Huaguo Metallurgical" check trend from red to green, the main capital trading situation on the disk, the net outflow trend continued to increase.

At 1:26, the Shenzhen Index and the ChiNext Index rose more than the Shanghai Index.

At 1:27, the market style of the two cities continued to tilt towards small and medium-cap concept stocks.

At 1:28 a.m., the main line of the concept of "military industry", the concept of "domestic aircraft carrier", "domestic large aircraft", "Beidou navigation" and other conceptual theme plates showed a significant downward trend, and the entire "national defense and military industry" main line of the full callback, among them, the check of "northern navigation" has a rapid dive, and the disk has risen from about 2% to about 2 points underwater.

At 1:29, the three major industry sectors of securities, national defense and military industry, and building materials fell out of the top five of the two cities, and the three major industry sectors were replaced by Internet software, Internet applications, and retail sectors.

At 1:30 a.m., the Shanghai Composite Index began to rebound around its 0.5% intraday gain.

At 1:31, the intraday turnover of 'CEFC Securities' reached the 6 billion mark, which was significantly smaller than the previous few trading days.

At 1:32, in the morning market, the stock of 'Western Securities', which once hit the price limit, shrank to less than 3% in the day.

At 1:33, the check of 'Fushun Special Steel' suddenly appeared in a flash crash.

At 1:34, 'Founder Securities' fell by about 3% again, and its stock price fell back to around 3,000 points in the Shanghai Composite Index, continuing to become the weakest weighted securities stock in the entire securities sector.

At 1:35, the check of "Shanghai Ganglian" once hit the 6% increase position in the morning, and now the disk increase has fallen back to about 2%, which has the trend of erasing all the gains in the day.

At 1:36, the main line of core concepts such as "Shanghai Free Trade Zone", "Eurasian Economic Belt", "China-Japan-South Korea Free Trade Zone", "Maritime Silk Road on the Road to the New Era", and "Reform and Reorganization of Central Enterprises and State-owned Enterprises", which once occupied the list of conceptual themes in the two cities, have fully retreated at this moment, and all of them have withdrawn from the top of the list of conceptual themes in the two cities.

At 1:37, the decline of the check of 'Huagong International' expanded to about 0.5%.

At 1:38, in the main line of 'big finance', the relatively stable banking and insurance sectors also fell back to within 0.5% of the increase at the moment, and began to underperform the market index in an all-round way.

At 1:39, the main capital flow of the three core main areas of 'big finance', 'big infrastructure' and 'military industry' has changed from a net inflow of more than 3 billion yuan at the peak in the morning to a total net outflow of 3 billion yuan at present.

At 1:40, the check of 'Shanghai Construction Engineering' fell by about 2.5% on the disk, and dragged the entire 'Shanghai Free Trade Zone' sector to continue to fall.

At 1:41, Kumho Group's intraday decline expanded to 4%.

At 1:42, the three stocks of 'Straight Flush, Great Wisdom, and Oriental Wealth' basically all retreated to near the flat position.

At 1:43, the intraday increase in the 'film and television media' sector reached 4%.

At 1:44, 'mobile games', 'Internet online education', 'film and television production', 'star participation', 'star holdings' and other conceptual theme plates have occupied the top position in the list of conceptual themes in the two cities, and their sector index has risen by more than 3%.

At 1:45, following the check of 'all-access education', 'Huace Film and Television' began to hit the price limit.

At 1:46, 'Huace Film and Television' closed the price limit.

At 1:47, driven by the closure of the price limit of 'Huace Film and Television', a number of stocks in the film and television production business and film and television investment in the entire 'film and television media' sector have risen violently, among them, 'Guangguang Media', 'Huayi Brothers', 'Yanjing Culture', 'Ciwen Media'...... and other related stocks, the market has risen by more than 5% at the moment.

At 1:48, the disk increase of 'LETV' also reached 5%, and it also hit a new high in stock prices since this round of bull market, completely reversing the weak pattern trend of the check in the first half of the year and the middle of the year.

At 1:49, driven by the trend of 'LETV', a number of conceptual theme plates associated with it have also begun to usher in the care of a large number of main buying funds.

At 1:50, the intraday increase of 'CEFC Securities' returned to the 2% mark, and at the same time, in the index diving was completed and the trend of bottoming out and rebounding in the intraday rebound, a number of core main-related industry sectors and conceptual theme plates such as 'big finance', 'big infrastructure' and 'military industry' also began to rebound sharply at this moment.

At 1:51, the three stocks of 'Oriental Wealth, Flush, and Great Wisdom' turned red and rose at the same time.

At 1:52, the net outflow of the main funds of the two cities began to decline significantly.

At 1:53, the Shanghai Composite Index expanded slightly to about 0.7%, and further attacked the 1% gainer.

At 1:54, the increase in the two major industry sector indices of 'Internet software' and 'Internet application' has expanded to about 2.5%, ranking third and fourth in the list of industry sectors in the two cities.

At 1:55, the intraday increase of 'Internet Speed Technology' exceeded 7%, and there was a strong momentum of price limit.

At 1:56, the intraday gains of the Shenzhen Index and the ChiNext Index returned to the 1.5% mark.

At 1:57, the disk trend of the check of 'Huagong International' gradually fluctuated upward from underwater, and the pattern trend of turning red and rising was re-realized.

At 1:58, all of a sudden, whether it is the hot main lines in the early stage such as 'big finance', 'big infrastructure', and 'military industry', or the recent strong industry sectors such as 'big consumption', 'mobile Internet', 'smart phone industry chain', and 'film and television media', or the relatively low-level and weak 'non-ferrous cycle', 'petrochemical', 'coal' and other marginal main lines, they have suddenly ushered in a general rebound trend at this moment.

At 1:59, the intraday gain in the 'securities' sector returned to the 1% gain.

At 2 p.m., the Shanghai Composite Index returned to the 1% mark, and at the same time, began to attack again and again at the 3,600 level.

At 2:01, the early demon stock of 'Blue Stone Heavy Loading' rose again and turned red, and driven by a large number of main buying funds, the stock price continued to rise.

At 2:02, the disk stock of 'Bluestone Heavy Loading' rose and instantly reached the position of 3%.

At the same time, 'Huake Sugon', 'Huake Jincai', 'Aerospace Development', 'China Airlines Heavy Machinery'...... and a number of over-falling popular stocks followed suit.

At 2:03, the disk increase of 'Blue Stone Heavy Equipment' broke through to a 5% increase.

At 2:04, the disk gains of the three stocks of 'Flush, Oriental Wealth, and Great Wisdom' broke through to the 1% mark again.

At 2:05, 'Light Media' hit the price limit.

At 2:06, the 'Light Media' daily limit, the intraday increase of the entire 'Film and Television Media' industry sector index, successfully broke through to a new intraday high of 4.73%.

At 2:07, the Shenzhen Index and the GEM Index rose by more than 1.75%.

At 2:08, the intraday increase of 'CEFC Securities' reached 2%.

At 2:09, the 'Internet finance' sector rose by 1%, and at the same time, the Shanghai Composite Index returned to 3,600 points, and the two cities once again showed an extravagant disk pattern.

At 2:10, 'Bluestone Reloaded' hit the price limit.

At 2:11, "Blue Stone Heavy Loading" blocked the price limit, and at the same time, "Flush, Great Wisdom, Oriental Wealth, Huake Sugon, Huake Jincai, Shanghai Ganglian ......" and other stocks have rebounded quickly, and the entire "national defense and military" industry sector has achieved a big rebound.

At 2:12, the A50 index returned to the 1% gain.

At 2:13, the Shanghai Composite Index began to stand firm at 3,600 points and hit further upwards.

At 2:14, all the over-falling rebound stocks in the two cities began to accelerate the rebound, which seemed to look ...... The profit orders and unhedging orders in the early stage have begun to be cleared significantly, and the market chip structure has been converted.

"Looking at this situation, today's market trend should be worry-free, right?"

Seeing the major indexes of the two cities after completing the intraday violent shocks, they have returned to the upward trend, and the Shanghai Index once again stood firm at 3600 points, at this moment, the magic capital, Huatong Bank's proprietary investment department, the main fund trading room, fund manager Deng Jialun paid attention to the trend of the disk, the original tense nerves, finally relaxed, sighed: "It's really a few twists and turns, it has finally stabilized, look at the trend pattern of this disk, profit disk and unhedging the hedge, it should be almost cleared, The Shanghai Composite Index will not have much problem standing at 3,600 points in the short term. ”

"I hope so!" Hearing Deng Jialun's words, Zheng Zhongming, as the general manager of the proprietary investment department of Huatong Bank, said with a smile, "In this round of market correction, our institutions have not reduced their positions, and I hope that the index can stabilize here and complete the switch of the main line market and the trend change." ”

"Hmm!" Deng Jialun nodded and said, "But Mr. Zheng, looking at the trend of this disk shape, as well as the recent changes in the style of the market, I feel that the main line of the market is indeed shifting to the main lines of 'big consumption', 'mobile Internet', 'smart phone industry chain', and 'film and television media'...... Do we want to focus on the layout of the main market? ”

"What do you think?" Zheng Zhongming looked at Deng Jialun and asked for his opinion.

Deng Jialun thought for a while and responded: "I think that since judging from the direction of the disk trend and the amount of energy, the profit order and the unhedging chips are almost out, the disk trend is almost stable, and the main line market style is becoming more and more clear, so ...... In terms of the layout of the main line of investment, we can appropriately reduce the chips in some of the main line areas such as 'big finance', 'big infrastructure', and 'military industry', so as to focus on the investment direction, and focus on the direction of 'big consumption', 'mobile Internet', 'smart phone industry chain', 'film and television media', which are the main line areas, and invest a little cheaper...... Although the basic logic is the conversion of fundamentals, we still have to follow the trend and direction of the market, only in this way can we obtain the corresponding excess returns. (End of chapter)