A shares: Will it go up or down tomorrow? Trend analysis on Wednesday!Tomorrow's market, from today's two phenomena, is likely to go like this on Wednesday.Phenomenon 1, found no, A shares have lasted for 50 trading days, and the turnover has exceeded one trillion yuan. Today's turnover is 2.2 trillion yuan.
Phenomenon 2, the Shanghai Composite Index has not fallen below the 5-day moving average today, indicating that the trend is still rising. Look at the 60-minute trend chart of the Shanghai Composite Index above. After A shares fell at 3674 points in October, the first low point was at 3150 points, the second low point was at 3227 points, and the downward trend line of the two low points was at 3350 points.The reason is that the overall trend of the stock market is that it does not support accelerating the rise, and there is selling pressure when it rises too fast. Since the decline in October, it has rushed back after sideways, and every time it accelerates, it accelerates the decline the next day. It shows that A shares are still in the market of washing dishes. Before the washing dishes are over, today's surge will not continue to climb.The reason is that the overall trend of the stock market is that it does not support accelerating the rise, and there is selling pressure when it rises too fast. Since the decline in October, it has rushed back after sideways, and every time it accelerates, it accelerates the decline the next day. It shows that A shares are still in the market of washing dishes. Before the washing dishes are over, today's surge will not continue to climb.
Tomorrow's market, from today's two phenomena, is likely to go like this on Wednesday.To sum up, the rise of the stock market this time is not over yet. Although there are signs of adjustment in the short-term trend, it will not change the upward trend of A shares.
Strategy guide 12-13
Strategy guide