Small And Medium Sized Enterprises And Gem Are Slightly Stronger.

Good track decision making Express Line sentiment index is currently reading at 92, which is at risk zone, which means that the current market sentiment is excessive.

From a reflexive perspective, when market sentiment is too intense, it also means that

The phased upward movement has reached the limit, and the profit margin may be gradually closed.

When the sentiment index is in the risk area, it is advisable for short line investors to reduce their positions in a timely manner.

The overall maintenance interval shocks, turnover of about 400 billion.

Compared to the market, small and medium enterprises, gem performance slightly stronger, or more than 1%.

Reflecting the strong rebound yesterday,

Excessive upward kinetic energy has been consumed.

In the case of the weakening stage of the weighting of large cap stocks, there is an impulse to switch to small cap stocks.

From the perspective of institutional strategy, the view of most institutions is that the weight blue chips will turn from fast bull to slow bull stage.

From the point of view of behavioral analysis, when investors generally expect the phased earning effect of weight blue chips to weaken, it is expected that in the short term, capital switching to speculation has been adjusted relatively fully, small cap stocks will be a big probability event.

From the perspective of fund monitoring, the scale of funds flowing into A shares in recent years has shown signs of cooling down, but the overall situation remains positive.

Therefore, this will help to hedge the pressure of floating away.

It is expected that the short-term trend of heavyweight stocks is expected to maintain the pattern of interval shocks.

But in the light of past market performance, small and medium size UPS often indicate that the adjustment of the mid line level may be near.

Therefore, it is important to emphasize that investors should still control their positions when market risks are not released.

The central bank carried out a 50 billion yuan 7 day reverse repurchase operation in the open market on Thursday. This is the central bank's restart of the reverse repurchase operation after a year.

In addition, 50 billion yuan of treasury cash is tendered for tenders on Thursday.

This week, the open market has not expired funds, because the central bank today restart the reverse repurchase, plus treasury cash, the whole week actually realized 100 billion yuan of funds invested.

The agency pointed out that the continued use of structural tools by the central bank means that the time limit for a comprehensive reduction can be further postponed. The most probable time is in the two quarter of this year, because the two quarter has always been the new year's low foreign exchange position and the pressure of capital side will rise.

Due to the obvious expansion of the basic monetary gap this year, the scale is expected to be 3 trillion, so the necessity of the central bank's reduction is always there.

Although the governor of the central bank said recently that he had no intention of injecting too much liquidity, the central bank's series of measures recently showed that it was more important to say nothing.

Due to the fact that the domestic macro-economic downturn has not yet been effectively reversed, the possibility that the management will continue to cut interest rates or reduce the rate to boost the economy will still be greater.

In the first half of the week, after the A share market suffered a big shock, it basically digested the bad news about last Friday's two fusion.

With the rapid decline in the scale of the two financial industry today, it is expected that the nature of the fund that is expected to rise again in the future is expected to change.

With the growing clarity of the bull market, we believe there will be more incremental funds coming into play after the Spring Festival.

It is expected that the Shanghai Composite Index will continue to shake up consolidation below 3400 points in the near future. It is expected that the gem index will continue to rise in the near future.