In The Past Week, The Market Continued To Rebound.

The turnover of Shanghai and Shenzhen two cities was 678 billion 832 million yuan and 605 billion 120 million yuan respectively, and the growth rate was higher than that of the previous day.

In the turbulent times, the market risk preference declined, guiding the logic of investment to return to the fundamentals of performance. During the interim report of enterprises, it was suggested that investors should uphold the idea of "performance as king".

Although the market has already got rid of the bottom space of 3300 points,

Nearby are semi dense lines, such as half line and 20 day moving average, which are more active in early stage, which determines that the index is more difficult to break through.

。

Yesterday afternoon, the Shanghai composite index plunged rapidly, almost below the 5 day moving average, but the rally was regained.

Judging from the current situation, the momentum of continued rebound will not change, but the short and short term competition intensified. It is expected that the stock index will fluctuate frequently in the later period.

Investors are advised to temporarily ignore the index and to focus on the stock market.

In the direction of reform, the trend of reform remains unchanged. The recent mixed ownership reform and the civil military integration of national defense industry are starting again.

Intraday diving 4000 point saw

This Tuesday, the market opened up and went back to the top of the half year line, closing 4000 points, and yesterday's morning index continued to rise and rise. At 10:30 in the morning, it was close to 4035.43 before the rebound, but after that, the trend of the market dropped sharply. There was a rapid diving market. At the lowest time, the index dropped to 3960.86 points and approached the 5 day moving average. At the critical juncture, pportation, non-ferrous metals, iron and steel, automobile, real estate and other weight plate collective pull up, after several twists and turns, the market finally regained its ascend, and at the end of the stage, it successfully broke through 4035.43 points ago, and refreshed the rebound record.

At the close, the Shanghai composite index was 4026.05 points, a rise of 0.21% on a single day, and second consecutive trading days on the 4000 and half line; the Shenzhen index index reported 13416.54 points, or slightly higher, reaching 0.76%; the small and medium sized board and the growth enterprise market rose 0.66% and 0.50% respectively, closing at 9059.05 points and 2897.37 points.

The turnover was 678 billion 832 million yuan and 605 billion 120 million yuan respectively, the average growth rate was more than that of the previous day.

In terms of industry, defense and military industry came back after 1 days. Yesterday, the industry led the baton, which rose to 5.85% a day. Mining, computer, chemical and communications sectors rose closely.

In contrast, the number of non silver banking, banking, building decoration and household electrical appliances fell all day, and the number of applications in Hong Kong is up to 24.

It is worth noting that diving in the gem has not dragged down the proliferation of hot spots in the field. 119 wind concept index, yesterday, 114 rise, or more than 2% of 37.

And in all A shares, the number of stock trading yesterday was still as high as 219. In the context of the suspension of nearly 600 stocks, the number of shares rose also reached 1384.

After the "diving" of the stock index, the trading fever and the money making effect have also been effectively maintained. It also reflects that the market is actually "on the pressure and downstream support".

Volatility is inevitable.

It should be noted that the market continued to rebound in the past week, despite repeated fluctuations in the market, but with the previous "lever killing" period can not be the same day, "national team" bailout cumulative effect and capital mentality repair double overlay, the stock index has got rid of the bottom space of the 3300 points, and began to return to a reasonable value.

At present, the short-term technical pressure, the consolidation of disks, profit taking, and investors' expectations have become the key factors affecting the trend of the market near the 4000 point.

On the one hand, in the first half of the bull market, the market is trading more vigorously around the 4000 points and the market turnover is at a relatively high level. With the deepening of this round of rebound, a large number of positions are stuck in the market, and the loosening of chips may become a "barrier" for restricting the rebound. And since July 9th, the total market growth has reached 14.79%, and most of the funds in the early stage are mostly lucrative.

For A shares, the above unwinding and profit taking plates are just like time bombs, which are bound to cause an impact on the index and trigger an acceleration index diving.

On the other hand, the K-line chart shows that around the 4000 point of the market is the intersection area of multiple moving average lines, such as the semi annual moving average and the 20 day moving average. The technical pressure is very different. This also determines that the index will be repeatedly oscillating and consolidating in this position.

In the past 3 trading days, the index has been cautious in the vicinity of the half year line. The way of "breaking up and going up" also shows the importance of this point. As of yesterday's close, the two consecutive trading volume of Hitachi has been above the half year line. However, the strong characteristics of technological form are not obvious, and the mentality of funds shows signs of hesitation. Therefore, it is necessary to further observe whether the semi annual line is effective or not.

In the turbulent times, the market risk preference declined, guiding the logic of investment to return to the fundamentals of performance. During the interim report of enterprises, it was suggested that investors should uphold the idea of "performance as king".

In the direction of the reform of state-owned enterprises, civil military integration and other reforms, dividends continued to be released and began to receive financial attention. In view of the prominent advantages of the theme investment, the medium and long term benefits have strong certainty, and investors can appropriately raise their positions.