The Market Is Expected To Return To More Than Four Thousand Points.

Market keeps rising trend

This week, the Shanghai Composite Index (4070.908, -53.01, -1.29%) went up, hitting 4184 points on Friday after a six straight day of trading, but outside the periphery.

The drag on the decline followed by a drop in 4100 points.

During the week, different sectors rose, showing a strong strong Shanghai weak characteristics, of which the small and medium-sized board index (13430.496, -168.82, -1.24%) rose 3.81% this week, the growth enterprise market index rose 4.11% this week.

During the week, the daily turnover of the two cities was gradually enlarged, and the highest level was 158 million yuan on Friday.

In July 23rd, the central bank launched a 7 - day counter - repo operation in the open market, releasing 35 billion yuan of liquidity and the bid rate of 2.5% to maintain a low position.

As a result, the central bank's open market has invested 30 billion yuan this week.

After the net withdrawal last week, the capital side was slightly tighter, and the central bank resumed this week.

It shows the direction of keeping interest rates low.

The formation of funds is conducive to the continuous improvement of the stock market.

The Changyang line, which has a long shadow line on the market, rose 2.87%, while the previous week rose 2.05%. The average daily turnover was slightly larger than that of the previous week, but it still maintained a low level.

The weekly K-line average system is in a confluence state, while the weekly K line is supported by the 5 week EMA, but is subject to the 20 week average pressure near the 4200 point.

From the Japanese K-line view, the market Friday drew out the long line with shadow lines, and stood on the 5 day moving average, challenging the resistance of the 30 day line near 4190.

The moving average system turned into a confluence. The 5 day average line wore half a line, the short-term average line was upturned, and the short-term trend was better.

Swing indicators show that the market is in the middle of the region to explore, the strength of both sides is in a balanced situation, and the middle term is yet to be decided.

Brin line,

In a long market, the line is convergent, showing a pattern of shock consolidation.

Next week is the last trading week of July. In August 1st, the National Bureau of statistics will announce the manufacturing PMI in July. The data in June are 50.2% and flat compared with May. In view of the initial value of PMI, the original HSBC manufacturing PMI, was 48.2%, a 15 month low of 49.8%, a final value of 49.4%, and manufacturing PMI data may be poor.

However, the Ministry of industry and information technology issued a guiding opinion on further promoting the development of industrial clusters 23 days ago, indicating that measures to stimulate the economy are still being launched.

This is accompanied by the disclosure of semi annual reports.

It will continue to rise and is expected to return to the 4100 mark.