Shanghai Stock Index Rose 10.8% This Month, Or A Rebound In November.

In the first 4 trading days of this week, the market's high point gradually moved down, and the volume continued to shrink for 4 consecutive days.

The market has neither panic nor broken position.

On Friday, the market suffered a narrow concussion and then crossed the star line.

And the small and medium-sized board index synchronous oscillation.

On the plate, plate and stocks rose more or less, the concept of two children, network security and holographic technology and other conceptual plates rose.

Friday

Slightly enlarged, the high point also moved up compared with Thursday, and once touched 3417 points.

Looking at the overall trend of the whole week, there are still 3400 main shocks.

Despite the weak trend this week, judging from this month's market, the Shanghai stock index rose 10.8% for a long time.

However, it is necessary to confirm whether it is 4 months after November.

I believe that the market volume is shrinking. On the one hand, it shows that the popularity is not enough. On the 3450 point, there is a greater resistance. But on the other hand, it shows that there is less panic in the market, and the market is more rational.

So even if the fall is still a normal adjustment, there is little room to fall.

There is pressure on the short line and support below.

The market still needs to shake up and consolidate from 3300 to 3450.

I continue to watch the November market trend, the target line on May line.

There is a big probability of a rally next week. The market support is on the 20 day line. The pressure level is the annual line. At present, the 20 day line and the 30 day line have been arranged in a long way. After next week's 5 day line and the 10 day line close to the 20 day line, it is expected that the old duck will appear again, and the outbreak will be more intense.

This week was the last trading week in October. On Friday, the two city stock index closed with a narrow concussion. Finally, the Shanghai Stock Index successfully recovered in October.

Since this month, the market turbulence has been rising. Although the systematic opportunities are not obvious, the market is hot and popular, and it has a strong atmosphere.

Analysts believe that in a financial environment where risk-free interest rates continue to fall, liquidity adequacy will be maintained in the medium to long term.

At the same time, due to the short-term accumulation of a certain increase, it is expected that the market will enter a broad concussion period after reaching a profit balance in November.

Since October, the market has experienced three quarters of low position, and the bottom has begun to rise gradually.

The growth enterprise board took the lead, with a monthly increase of 19%, and some GEM stocks rose significantly.

The sharp rebound of GEM has led to market popularity, and the market hot wheels are more obvious.

Among them, new energy vehicles, big health, second child concept, military industry and other sectors rose earlier.

Since the beginning of this week, the stock index has entered the consolidation stage after the previous rise, and the 5 trading days always fluctuated around the 3400 points.

In the end, the stock index fell 0.88% this week.

On the disk, on Friday, the disk went out of the rush.

Second child concept stocks, brokerage trust, information security and other sectors rose fairly well.

But the market has not been able to support it in the upward process.

The second child concept plate rose to 5.14% on Friday, followed by network security and brokerage sector rose by 3.19% and 2.57% respectively.

Coal, nonferrous metals, steel and other sectors are the main force of decline, with a drop of more than 1%.

At the close, the Shanghai Composite Index closed at 3382.56 points, down 4.75 points, or 0.14%.

Shenzhen stock index closed at 11546.05 points, down 20.61 points, or 0.18%.

Gem index closed at 2478.28 points, down 7 points, or 0.28%.

The turnover of the two cities was 802 billion 600 million yuan.

October

It mainly depends on the two logic of market recognition.

One is that the market has entered the low interest rate era for a long time. Liquidity is in a sufficient state in the medium and long term, and the market lacks good asset allocation. The second is the probability of systemic risk breaking out in the short run.

Supported by these two logics, the stock market funds will layout some relatively reasonable valuation plates to drive the market upward.

But it is worth noting that blue chips, such as banks and brokerages, have been in a rather depressed state, and the market volume in the second half of October has been shrinking. This shows that incremental capital is not recognized by the market.