Market Rebound, Strong Pressure At 3700 Investment Or Caution

On Friday, the Shanghai stock index jumped to the top of the 45 day moving average line of the central line. After a short dive, the stock market continued its strong pattern.

Since entering October, the stock market has changed to a declining trend in the past. It relies on the 390 day average line of the important trading line to go up continuously. Only a small adjustment of the 5 day moving average on Wednesday appears.

After the festival, the market momentum is like the rainbow. The stock index has risen by more than 10%. The red October is already certain.

At present, the MACD index is going to break through the 0 axis, which shows that the Shanghai stock index has the power to attack the middle term.

Whether the short term market will continue to be strong upside, consider two points: the 3500 line on the 250 day average line of the annual line is the psychological pressure position with general market significance. The J value of the KDJ index is also in the state of overbuying at present, and there is inherent demand for restoration.

The current market is only a big rebound in the bear market, and can not be blindly optimistic.

Conversely, the important trading line in the 390 day moving average value of 3000 points around is that I have recently been building investors to buy bold shares to do more actively, the 390 day moving average will support the market until at least December 31st this year, in case of buying the wrong, break the line stop.

After breaking through the central line and box, the market will focus on the planning theme investment in 13th Five-Year (approved by the CIC reform pilot program, the central reform of the six key areas of price reform), and the three quarterly report, the high-speed rail, the Disney plate and so on.

The first reason is that

The process is basically completed, and the allocation of funds is coming to an end. The two scale of the financial industry has been reduced from 23000 billion to 10000 billion. Two, the central high level has been making continuous efforts to keep up with the stock market, and three is

Continuous overfall, has reached 150 billion of the level of land, stock index relies on the 390 day average line rebound, it is logical.

On the technical side, the stock index has broken through the middle line trader's line. Theoretically, it marks the arrival of a secondary intermediate rally of several hundred points. The middle line funds can enter the field, and the short-term funds need to be actively operated. But taking into account the 45 day moving average moving down at a rate of 10 points per day, the implication is that the chips in the 45 trading days are willing to sell at a lower price, and prudent investors can wait for the Shanghai stock index to break through effectively.

At present, the strongest pressure on the online rebound is near the 3703 day of the 210 day moving average line of the long run trader's line. Deep set investors must sell at least half of their chips or even clear up. When the market falls down and the chips are sold back, only in this way can we reduce the losses caused by the two stock market disasters.

And poly investment latest strategy report pointed out that it is difficult to improve the macroeconomic situation in the four quarter, and the whole year's economy has a high probability of ending with L type. In September 26th, the National Bureau of statistics had publicly stated that the growth rate of the economy not less than 6.5% was regarded as about 7%.

The loosening of the 7% target in the official speech indicates that the government's tolerance for the deceleration growth will be further improved, and the bottom up pformation of the economy will be speeded up.

The report further points out that the market may still have the risk of further downbottom callbacks in the four seasons, and that market valuations continue to provide sufficient space and time for the four seasons and even next year.

In the medium to long term, the market is at the bottom or bottom slightly left, and the core of the current work is to make a good layout around the market in 2016.

And poly investment stressed that in the future, we will pay more attention to the strong certainty of performance growth and the independence of fundamentals from the macro cycle.

In terms of plates, energy saving, environmental protection, information technology, pportation equipment, medicine, chemical new materials, large health, modern service industries and other areas can focus on research.

In this regard, Xiao Shijun bluntly: for the market, the economic factors are not the biggest determinants of the current, the economic slowdown has normalized, and the progress and intensity of reform, the external market factors will directly affect A shares. The 2850 point of the Shanghai composite index is now regarded as the bottom of the stage, and the possibility of a new low is not great.