The high opening and low going of the index are nothing more than the T+1 trading mechanism, quantitative funds, poor short-term market trends and other reasons, resulting in a high probability of the stock market opening after news stimulation and low going due to emotional influence.2. On Wednesday, the market broke 3,400 points, and recently fell to 3,230 points, forming a double-top decline of 3,500 points, and then bottomed out at 3,230 points to form a double bottom, and walked out of the narrow range of 3,200 points and 3,500 points.However, the index itself belongs to the upward trend of shock. After the excessive rise increases the selling, although the short-term market has fallen back, it is difficult to change the upward pattern of shock.
Then, the early morning index opened higher and went lower, and the late session accelerated, which means that the market divergence will affect tomorrow's market. Can be known from two pieces of information.What does it mean to accelerate the decline in late trading?Today's market is too dramatic, indicating that it is normal for the stock market to open higher and fall back. More investors are divided on the further rise of the market.
My thinking is that the current market does not have the characteristics of ending the rally. Although the A50 futures index fell more than 3%, the intraday index of A shares did not turn green.Has the market ended this round of rise?The first message, today, the morning market in call auction opened 2.58% higher, which is more common in the historical market. A-shares have opened more than 230 times since 1990, and the increase of 2%-3% has dropped to 55%. If it is more than 4% higher than that on November 8, the winning rate is less than 50%.