Interpretation Of The Market: The Empty Side Is Entering The Unmanned Situation, Killing All The Way Down.

This week, the Shanghai Composite Index has fallen below the annual line. This is a matter of great concern. The position of the annual line is around 3406. The significance of breaking through the annual line is that the market has fallen below the average cost of the stockholders in the past year, and the market profit margin has been very small. The annual line is the pivot of the market equilibrium, and the trend away from the annual line will pull back to the annual line.

At the 5178 highest point, the Shanghai composite index is more than 2000 higher than that of the annual line, and the Shanghai composite index is more than 500 below the annual line. Now the annual line is still rising from 3 to 4 points, but the annual line is turning downward. That is to say, the bottom of the market is still going on, but it has fallen into the stock market. The market is always getting closer and closer. It will not get farther and farther away. From this perspective, the market opportunities are falling out. When all the leveraged people are down, maybe the real bottom of the market will come. Maybe this is a good time to sell stocks and sell stocks into stocks. This year rose to

Who is the short bearer of the market? Actually, there are many stocks in stock. If there are stocks in stock, they will be shipped out and run for life once they rebound.

After running, it is just empty mouths, and no harm to the market.

The problem is that the complexity of the market now lies in the fact that the leverage of the market is somewhat beyond the imagination of the people.

The first thing that brought damage to the market and toppled the "Domino" was the OTC capital allocation. How much is this scale? There is no authority from beginning to end.

The gross estimate is 2 trillion. Now that the market has dropped to this position, the OTC allocation is basically clear.

At present, the scale of the two scale of the securities business is still 1 trillion and 110 billion yuan, the market reappears 1000 shares limit down, and the two melting is forced to clean up is an inevitable trend.

Whatever problems the stock market goes up can be covered up.

Another lever is the equity pledge of listed companies, and its scale has reached about 1 trillion and 500 billion, involving about 1000 listed companies. Now the stock market keeps falling, and after the stock market ebb, it finds out who is swimming naked. People think the off-site allocation is clear, and the two fusion has also fallen by more than 1 billion yuan. This leverage is almost the same. But after the Shanghai stock index has fallen below 3000 points, the lever of equity pledge has emerged again. If the stock market continues to fall, it will hit the bank financing line.

The market seems to have entered such a death cycle. The more it falls, the more it throws and falls, the more it falls and the stronger it is. The more it falls, the more it is not the problem.

Original

When it fell to 4000, the bailout began, and the securities brokers Union told the public that the securities dealers themselves did not sell stocks below 4500 points. This pledge is now only a month away. Now that these two points have been looked up, a large number of funds entering the market have been stuck in this area, and now the stock market has dropped to this point, and it must have suffered heavy losses.

The policy was at about 4000 at the time, and the distance between the bottom of the market and the bottom of the policy was so large that it has dropped to more than 1000 points below the bottom of the policy.

The bottom of the market is determined by the market. It is the real bottom of the market recognition. It is the bottom of the stock market and the bottom of the value for money. It still needs to be repeatedly tested and verified. The bottom of the market needs time to test.