Though It's All The Sun's Line, It's A Cold Sunny Line.

Under special circumstances, the technical index is a showcase, which is a show for you.

Last week, the market was sluggish, but in addition to the 10 day March, the K-line was overcast, all of them were the Yang line, and the 10 and 20 day moving average were rising. In March 14th, a big sun and 5 day moving average also seemed to pick up the momentum.

People who like to see technical indicators plunge into technical indicators, struggling with energy, because they have been cheered for one or two days.

The indicators we see are not necessarily true.

In March 8th, the stock market was taken care of, and the two cities in the early days quickly fell and the afternoon went up. In March 9th, they fell at a low of 2%, followed by shocks, but were dragged down by resource stocks.

After the crash, seven even Yang was collected.

In March 10th, the Shanghai stock index opened up rapidly, but it shrank sharply after 9:45 and closed down 2.

02%.

In March 11th, financial stocks rose unusually, once below 2800 points, and eventually the stock index increased by 0.

20%.

Stocks such as finance and resources, if understood as the will of the national team, is the market for stability, but the technical schools continue to send cheers on the average and the bottom.

We used to regard Shanghai and Hong Kong as the most active capital vane, and now the significance of the vane has been greatly weakened.

February 26th to March 2nd, the four trading day, Shanghai stock through a continuous net inflow, but the 29 stock index fell sharply, other trading days to maintain the trend of turbulence, there is no clear signs of upside.

With such a low volume of capital, it is easy to become a manipulative tool for certain special will.

In March 14th, according to the data of astark, Shanghai shares entered a net inflow of 2.

3 billion 600 million yuan, the daily balance is 122.

9 billion 500 million, accounting for 94.

57%.

As of 9, the Shanghai stock net bought 10.

8 billion 600 million yuan, sell 10.

6 billion 300 million yuan, the market was extremely low on that day: stock index fell 1.

34%, deep fingers fell 2.

15%, the gem fell 1.

57%.

The total turnover of the two cities was 4265.

7 billion 600 million, compared with the previous day, it shrank by nearly 110 billion.

The net outflow of Shanghai's capital is 120.

8 billion 300 million, the net outflow of Shenzhen fund is 90.

800 million, the net outflow of Shanghai and Shenzhen 300 is 74.

3 billion 700 million.

On the same day, Hong Kong stocks entered a net inflow, but the market sentiment was bad. The 5 minute K-line pulled up in the afternoon by weights such as finance, while large financial stocks had clear government direction in the eyes of many people.

At 8:30 pm Beijing time in March 9th, the AH stock index premium index was 138.

5, this is close to the market average.

But from the timesharing chart, the AH share premium index did not get up until the afternoon of March 9th, and the morning was relatively low, indicating that a strong force was pulling in the afternoon.

The Shanghai stock market has so many tacit understanding that it has a very small amount, but it looks like the root line.

Shanghai stock exchanges and Hong Kong stocks were originally designed to promote collusion between domestic and foreign markets.

。

But the financial market is coming in good lots. Last year, the stock market crash and the RMB exchange rate crash led to capital outflow. This year is the core city's high housing prices, which may lead to the collapse of the real estate bubble. This will be more serious than the stock market crash, which will affect the real economy, government debts and bad debts of banks.

From this perspective, Shanghai and Hong Kong not only failed to become market sentiment vane, but also when the market was down.

Sometimes, it becomes a reverse index. It seems to be one of the technical index systems to be operated.

Market indicators are being replaced at any time, and some indicators will be distorted. If the Shanghai and Hong Kong pass data can explain some problems, then the A50 index and futures will be more realistic, because this data is largely uncontrolled.

The same is true of the term, because of the need for market stability, after the stock market crash, the futures index of the territory has no overseas index sensitivity.

If you like to see indicators, I will give you indicators and be more successful than you can think.

The current indicator is the dilemma, but no cow keeps you hoping.

RMB internationalization can not be more important than internal stability.

At the two sessions this year, Shenzhen Hong Kong Tong was mentioned again. Pan Gongsheng, member of the CPPCC National Committee, vice president of the central bank and director of the State Administration of foreign affairs, said that China is firmly committed to the strategy of opening to the outside world. Foreign exchange control is neither necessary nor effective. Relevant departments are studying the QDII2 pilot scheme.

These statements need not be taken too seriously.

In fact, Shanghai and Hong Kong have only symbolic significance because of the small volume of pactions. Due to the outflow of funds, domestic academia and industry have rebounded considerably against the internationalization of RMB. Even this year, the launch of Shenzhen Hong Kong Tong and the introduction of QDII2 are only embellishment. At present, such a difficult situation can not be launched in a bold way to internationalize RMB.

In this regard, Mr. Yu Yongding, a domestic financial expert, is a representative. He appeals everywhere for the internationalization of RMB.