Shanghai Composite Index Rose Slightly 0.07%, What Is The Market Like?

Extreme shrinkage highlights that the "Kung Fu" has been abolished.

In the past few days, when the auction was held, neither the strength of buying nor the strength of selling was seen.

It turned out that on Monday night, the Shanghai Stock Exchange issued a notice announcing the strengthening of the 50ETF option limit management, requiring that from September 8, 2015, the single day purchase quota will be adjusted to a single day opening limit.

This means that the agency has completely lost the available risk hedging tools and is standing on the same starting line with retail investors.

However, with the drastically modified trading rules of stock index futures, the influence of index futures on the spot market has been greatly weakened.

Because there is no fear of short selling, the turnover of the popular sector is relatively stable. The bottom market is expected to expand along with the adjustment of shrinkage.

On Friday, the Shanghai Composite Index rose 0.07%, tending to shrink the small Yang cross star.

The volume of energy will shrink further, and the Shanghai Stock Exchange will be trading 252 billion 800 million yuan a day, which is lower than the 263 billion 900 million yuan on Tuesday's extreme level.

Overall observation, at present, the biggest feature of A shares is shrinkage.

Moreover, inflation is also shrinking, falling and shrinking, making investors plunge into the dilemma. This is also the most concerned phenomenon of investors.

For example:

Phenomenon 1: on Monday, after the opening of the afternoon, a large number of shares suddenly appeared, which resulted in a short price drop of more than 5%, and trading volume also increased sharply.

There is a market analysis. It may be a decision made by an organization at midday, or related to capital allocation and financing.

Phenomenon two: on Thursday, Shanghai Stock Exchange yesterday reproduced the tail picking market of violence. The capital inflow intensity suddenly increased after the close of A share closing 10 minutes ago, and the flow of funds also became very steep.

As of 10, A shares closed, Shanghai shares recorded a net inflow of 3 billion 171 million yuan.

This is the 9 day after the net flow of about 2 billion 800 million, in September 10th, Shanghai Stock Exchange and turn into a net inflow.

So, how do we interpret the trend of A shares being so treacherous?

From the daily line, this happens.

Very low and extremely atrophy, often the market sentiment falls into the bottom Valley, which often tends to a new starting point.

For example, the Shanghai stock exchange closed 252 billion 800 million yesterday, not only lower than the extreme value of 263 billion 900 million on Tuesday, but also lower than the 265 billion 100 million single day volume in February 25, 2015.

From the Japanese K-line chart, this year's "2.25" volume is precisely the relay point of this huge wave bull market, and the stock index climbed from 3215 to 5178.

It is worth pointing out that at present

The location is just around 2.25 of this year, and the extreme volume is very close.

It can be said that the stock index from 3200 to 5178 points back to 3200 points, has completed a two thousand point big reincarnation.

From the weekly analysis, the Shanghai and Shenzhen two cities concluded 1 billion 532 million in the whole week, and traded 1 billion 274 million in the 3 trading days of the previous week.

This week is the third week after the Shanghai stock index hit a new low of 2850 points. The whole week has risen 1.27%, the amplitude is 7.77%, and the operation is very difficult. But this week, the K-line receives Yang is of great significance. After all, it terminates the situation of A shares weekly.

From the monthly line, the trend of A shares fluctuated in August, and the amplitude of Shanghai stock index reached 31.54% in the whole month, much higher than that in June and July, 28.85% and 22.06% respectively.

Since September, stock market volatility has been greatly reduced.

As of yesterday, the Shanghai index month's amplitude was only 7.66%.

From the annual line, the current year

The increase is still negative: the Shanghai Composite Index -1.07%, Shenzhen stock index -5.0%, Shanghai and Shenzhen 300-5.28%, Shanghai 50-14.96% 50-14.96%; the index rose positively during the year: the gem index rose 40%, the small and medium board index rose 29.9%, and the CSI 500 rose 21.99%.

In the end, whether the main board is going to make up, or whether it is going to be small, medium or small, or whether it is going on or off is still to be observed.

The reason why A shares are so treacherous is complicated. It is undoubtedly the first time to clear up the allocation of funds.

Recently, the notice issued by the regulatory authorities has set a final timetable for the clean-up and rectification of illegal offending assets.

The circular requires that the rectification and rectification work should be completed by September 30th, and that the larger stock companies should be completed before the end of October.

Regulatory requirements require the broker to report the progress of the cleanup every September 1st, which will bring greater pressure to the market in the short term.

At present, institutional investors are very light and pensions are preparing to enter the market. Only by cleaning up illegal funds can qualified long-term investors enter the market.