Rebirth of the Capital Legend

"The index has been rising for several days recently, and the profit-taking has accumulated heavily. In addition, in the late trading, the funds willing to chase high prices in and out of the market began to lose strength, and the trend fell back, but it is also within a reasonable range." Hearing the two people's complaints, Zhang Xinlei responded, "At the 3000 point position, there are already a lot of locked-in shares and great resistance. It is not very hopeful to cross this pressure point unhindered in an instant and form a rapid breakthrough in space.

Now the trend is like this...

Although it is not as good as the most optimistic investors' long expectations in the market, as long as the trend is not bad and there is no serious loss-making effect and continuous negative feedback trend in the market, we can still continue to be bullish and remain optimistic about the future market.

Of course, the selling pressure created by the profit-taking and the previous historical trapped positions at this position cannot be ignored.

Let’s take a look at tomorrow’s market feedback and the entry of off-market funds.

I think that at this position, repeated fluctuations are possible, but the probability of a trend reversal and returning to the previous continuous downward trend is still relatively small.

After all, so many financial groups have worked hard to create this space.

As a result, the market's investment sentiment and confidence have finally recovered and improved.

At the same time, after the big funds enter the market, at this position, if the price falls back, the big funds will have no profit space. That is to say, the main fund group that intervened earlier does not have much desire to take profits and sell at this space. Relatively speaking... they are definitely more willing to continue to lock in their positions, and hope that the market can create a higher space.

Also, during this late trading plunge, the intraday trading volume did not increase significantly.

This also indirectly shows that most of the funds locked in the market are not in a hurry to sell and lock in profits.

In other words, whether it is the main line of "big infrastructure" or the current Internet software, Internet applications, film and television media, electronic information... these oversold main line sectors, the internal chip structure has not further turned to dispersion. In this case... then what is there to worry about?

Moreover, even at this position, it is impossible to get through.

Under today's trend, there will definitely be more funds to try again in the future.

In other words, even if the subsequent trend is difficult to develop, under the current sentiment, the market will have a secondary high point tomorrow or the day after tomorrow where you can calmly reduce your positions and take profits.

Furthermore, the chips everyone currently holds should all be floating profit chips, right?
With cost advantages, there will naturally be more choices.

In any case, we should not rush to make a judgment at this point, and if the position has floating profits, we should also wait and see according to the operation. "

"Old Zhang is right!" After listening to Zhang Xinlei's analysis, Lao Qian in the group nodded slightly and continued, "After all, the overall bullish sentiment and investment confidence in the market have just recovered not long ago. When facing the pressure level of 3000 points, it is normal for the capital groups inside and outside the market to have some differences and hesitations.

I think that at this position, large volume is not a bad thing.

Moreover, looking at today's market trend, the intraday divergence is not just at the end of the trading day. In the early trading stage, there was also a fierce divergence in the afternoon, which were all obvious divergent trends.

However, weren’t both of the divergences ultimately taken over by bullish funds?
In fact, this dive at the end of the trading day was almost a benign divergence trend.

If the market closes later and is given another half hour of trading time, I estimate that the index would continue to recover and close at the intraday high.

There is market only when there are differences.

Faced with heavy pressure and resistance levels, we should be cautious about the breakthrough trend with consistent shrinking volume.

The large volume divergence shows that there was sufficient exchange of long and short funds here.

For new funds, when the subsequent index fails to open up new room for growth and there is no room for profit, they will most likely lock up their chips and will not sell them easily.

And there was originally some floating profit, or some historical locked-in positions in the previous period.

In this wave of large-volume divergence, after selling out.

It also indirectly reduces the resistance of the subsequent index to continue to break upward and reduces the subsequent potential selling pressure.

Therefore, as long as the sentiment can be stabilized a little, the market news is slightly favorable, and the external trend is not particularly bad... after a brief and drastic divergence, it feels that the market still has a chance to turn to a consistent long position.

In other words, the probability of the index actually breaking through 3000 points is still very high.

At this position, this continued bullish pattern.

I will definitely continue to hold my position and wait and see. Even if I want to take profit, I won’t rush into it.”

"You two are really good at keeping calm!" Zheng Jinming said with a smile, "Admittedly, the trend of today's index and the main lines, although it plunged severely in the late trading stage and closed with a large upper shadow line, it is understandable that it is at the pressure point and trying to break through.

However, the key still lies in the post-market atmosphere and how investors understand today's closing trend.

If everyone's ideas are similar to yours, Lao Qian and Lao Zhang.

And the news and external market trends are relatively cooperative.

Then, there is a high probability that the market trend tomorrow will reverse and the Shanghai Composite Index will try to break upward.

But if everyone's thoughts tend to be bearish, they all think that the rapid sell-off at the end of the trading day is a symbol of insufficient confidence among the long-term capital groups inside and outside the market and the exhaustion of the bullish force.

Then, tomorrow's market bullish force will inevitably be weaker than today.

However, if at this time, the market news and the external market trends are not in line with each other, it will become difficult for the index to continue to break upward.

Moreover, the film and television media, Internet software, Internet applications, electronic information... these oversold main sector areas have performed strongly in the past two days.

The trends of many popular stocks are after continuous rebounds.

Today, we have already touched upon the previous historical trapped position concentration area.

In other words, if these stocks want to continue to rise in the future, the selling pressure they face will be completely different from the selling pressure they faced in the previous two days.

At the same time, selling pressure is increasing rapidly, but looking at today's market trend.

The main buying funds are pouring into these oversold mainline sectors, but there is no sign of further increase.

In this way, it will be difficult for this line to continue to expand upwards.

In the current market situation, although the 'oversold rebound' line is not as sustainable as the 'big infrastructure' line, its driving effect on market sentiment is obviously stronger than that of the 'big infrastructure' line.

I thought again, if the 'oversold rebound' line cannot be formed, the selling pressure will be too heavy.

So, can the overall trend of the entire market continue to break upward?

I think that at this position, the uncertainty is still very high, and the possibility of a downward choice is not very low, but it does exist.

At least...even if the index can eventually break upward.

When these related stocks touch the previous historical trapped positions concentration area.

There needs to be a pullback to clean up the chips, right?
Overall, I feel that the bullish force of the entire market at this position is a bit like a spent force. As the saying goes, a spent force cannot penetrate a withered tree.

At the 3000 point level, the probability of a strong breakthrough seems slim. It is entirely possible that the index will fluctuate, or pull back or retrace to the previous oscillation range platform.

To be on the safe side, from a trading perspective, I think it is correct to stop profit on some positions here.”

"Let's take a look at the overall feedback of the market sentiment after the market closes, as well as the intervention of various major capital groups on the Dragon and Tiger List after the market closes today." Amid the differences of opinion among the three, He Zhong thought for a while and said, "This K-line pattern trend is likely to go up or down in the future."

After saying that, he turned his attention to the stock investment exchange forums in the market, observing the views of the large number of retail investors gathered on these exchange platforms.

I saw that on all the major stock investment exchange platforms on the Internet...

Retail investors have very different views and heated debates on today's market trends and the sharp plunge in late trading.

"The fact that the Shanghai Composite Index was able to close above 3000 points shows that the breakthrough was effective."

"It almost fell back below 3000 points. I think today's breakthrough trend is still very problematic. To confirm whether the index can really break through the 3000-point pressure mark, I think it will take further confirmation from subsequent trends."

"Don't fall back again tomorrow, okay?"

"Alas, this plunge at the end of the trading day was really devastating. If I had known earlier, I should have sold all of them at the daily limit."

“Who knew there would be a dive at the end of the trading day?”

"Fuck! I chased QuanTong Education, which hit the daily limit today, but I didn't expect it to explode like this at the end of the trading day. I hope I won't be buried tomorrow!"

"I don't think it's a big problem, right? Aren't the two dives in the morning and afternoon more frightening than the dive at the end of the day? But what was the result? Wasn't it taken over by long funds? Didn't the index quickly hit a new intraday high after the selling pressure was relieved?"

"That was a plunge during the trading session. If the market didn't close, the sentiment would have recovered by itself. But now that the market has closed, the bearish sentiment after the market will continue to ferment due to this plunge at the end of the trading session. What if... there is another big negative line in the external market tonight? Wouldn't tomorrow's trend be doomed?"

"Alas, I should have sold it at the end of the trading day. I shouldn't have been greedy."

"If the Shanghai Composite Index can hold 3000 points at the close, it cannot be said to be weak."

"Yes, if it was going to fall, it should have gone straight down when there was a sharp dive in the early morning and afternoon trading."

"Those who say the market will fall tomorrow are treating the long funds that rushed in today as fools, right?"

"Indeed, no one is stupid. Guess who is buying the core leading stock of 'Oriental Yuhong' today?"

“I guess institutions are still increasing their holdings?”

"Could it be Mr. Su's Fuxing Road? Haha..."

"If it's really 'Fuxing Road', then I can only say wow, it's awesome."

"Those who are bearish right now must have sold their chips today, right? Haha... the stock has only risen this much, and you are always afraid of this and that. You deserve not to make any money!"

"Yes, those who are bearish will definitely lose their chips."

"I'm afraid of 3000 points, indeed... Is there any pattern?"

"Anyway, I still say the same thing. If Mr. Su's Fuxing Road is not sold on the Dragon and Tiger List, then I will lock in the position. Whoever wants to sell can sell it."

"Yes, firmly lock in your position. How much has it increased so far?"

"Well... we have to wait until the index falls below the 20-day line before we can determine whether the trend has ended, right? It has just broken through the 5-day line, and it is clearly a continuing upward trend. Even if it is a short-term decline, I think it is a correction in the upward trend. It is not a selling point, but a buying point for continued increase in positions."

"Haha, you're right. Anyone who sells this position is stupid."

"It's clearly a buy point on the right side, who's saying it's going to fall?"

"In the second half of the year, the index will definitely reach 3300 points, or at least 3000 points, a 10% upside. At this point, I think there is basically no risk."

"Many stocks are currently at a record low. They haven't risen much, so why are they going to fall again? Who is bearish? Who has bad intentions?"

"Who knows? Anyway, I won't sell, no matter who says it's bearish."

"Today's market trend is aimed at washing out the unsteady chips. It's good to be bearish. The more people are bearish, the more I think the index can continue to rise."

"Yes, everyone is bullish. That's why I'm worried."

"How does the saying go? Disagreements lead to market conditions, right?"

"That's about it. Anyway, there's really nothing to be afraid of at this point. At worst, it will fall back to its previous position. This is only about 15% of the space."

"I've already lost 60% of my money. I can't even get my money back even if I double it. The ups and downs are random."

"I just increased my position today. Who the hell is bearish? The market is clearly going to rise!"

"This upper shadow line is actually not long. It can break through 3000 points and reach a high of around 3030 points, which shows the willingness of funds to continue to go long."

“Again, the two large-scale dives today were both recovered, which shows the strong desire of long funds.”

"Anyway, this location won't be sold no matter what anyone says."

"The check for 'Oriental Yuhong' almost hit the daily limit that day, but it rebounded and hit the daily limit the next day. What is the trend today?"

"Yes, dragon heads have two lives."

“To hold a dragon head in your hand, you must have a little faith.”

"Haha... just wait and see. The main investors on the Dragon and Tiger List will definitely be in a net buying trend."

"Yes, yes, let's take a look at the trading situation on the Dragon and Tiger List first."

Amid the heated arguments among the crowd, the trading time in the market passed quickly, and soon... 5 o'clock in the afternoon arrived, and the Dragon and Tiger Lists of the two markets were refreshed.

As countless eyes in the market quickly converge.

On the refreshed Dragon and Tiger list of the two cities, many popular stocks related to the main line of "big infrastructure" and "oversold rebound" that have fluctuated violently during the day are on the list.

And based on the buying and selling data of these popular stocks on the Dragon and Tiger List.

The active hot money in the market, as well as the major institutions, indeed still showed a net buying trend in the buying and selling seats published on the list. (End of this chapter)