The GEM Has Once Again Become The Most Important Confidence For The Market To Grow

On Monday, inspired by the spirit of Super Saturday, the Growth Enterprise Market (GEM) took off again and became the most important confidence for the market to go long. The Shanghai Stock Index's counterattack against 2900 points, to a certain extent, led to the restoration of market confidence GEM The increase of more than 5% at one time made the market jubilant. From the perspective of the market, individual stocks showed a general upward trend. Except for a few stocks, most of them were still in the backdraft trend after the initial decline. If you take a closer look, in addition to the fact that the Shanghai Index has always maintained a golden cross between the general line and sub lines in the early stage, the trend of the Shenzhen Composite Index and the GEM Index is just a backtracking of the position of the sub lines of the general line, which also makes us have a perfect explanation of the structure of the three wave rebound.

After the trading on March 7, I once said in my blog, "So the next operation, please pay attention to several important resistance positions. The Shanghai index has deviation due to the recent protection of heavyweight stocks, so we should pay more attention to the Shenzhen Composite Index and GEM Index . The 1770-1780 points of the Shenzhen Composite Index and 2040 points of the GEM should be particularly careful. " In the following few trading days, the market trend was weak, and it was not really able to reverse the position of the connecting line and sub line. Today, with the help of the weekend's positive boost, the market successfully completed such a task, which seemed very reasonable.

As for the three waves rebound I also mentioned the end point of the three waves in my blog on March 9. Let me review that "no matter what form the market continues to run in, the structure of the three waves cannot be changed. That is to say, when the whole time cycle of the three waves ends, the market will enter a process of bottoming again regardless of whether there is a stabilizing force. The end time of the whole three waves, as I said, will appear around the 15th of the middle month.

However, it should be noted that it is not that the rebound peak can be seen on the 15th, but that the three wave pattern will finally end here. So you should be very careful about the next trend. " In this way, you can understand that the spring market I mentioned earlier will run to the end of the time cycle tomorrow. After that, you should be very careful that the market may have another adjustment.

Earlier, we talked about reducing positions. The closer to the important resistance level, the more we should take the initiative to reduce positions. However, this truth may be very difficult for retail investors, and it is normal for the market to buy up rather than down. I would like to remind you to pay attention to the risks behind. The market will not rise overnight. Now all counter attacks will become nightmares at the end of the market.

Now let's look at the current time-sharing operation. There is still no new breakthrough in the 60 minute time-sharing of the Shanghai Stock Index; Although the GEM volume has been enlarged, it has approached an important resistance level in the short term, the 60 minute line one position; The Shenzhen Composite Index was also blocked at the 60 minute line one pass. All these will make the following market full of variables. If the index is forced upward, a greater level of deviation will occur. This, for ordinary investors, will become a very passive signal. Therefore, the most stable way of thinking at present still needs to wait for breakthroughs in several key positions of the market, and pay attention to the amplification of capacity. No matter what kind of temptation the market goes out of, you should be careful again before there is a real change in capacity. Once you are covered at the end of the spring market, the next adjustment may still make you extremely passive.