According to gap theory's analysis of the trend of the A-share market, it is not difficult to find that it can't hit a new high. If it opened a huge high on October 8, it wouldn't dare to leave any gap. Therefore, the A-share market on October 8 was 3,674 points, which was the highest point of this year.Third, A shares entered a new stage and began to turn downward.The four gaps below the A-share market have been closed, and the countdown has entered. Today's trend is to draw a full stop for the 924 market. As for whether it is a rapid decline or a shock decline, this needs to be observed.
A shares: The market is very clear, and the market will enter a new stage. Will it rise or fall tomorrow?Gap theory has not failed, but the current trend of A-shares is no longer a normal market behavior. It creates a rise for the sake of rising, and there is no market to create a market, in order to let more retail investors enter the market.Today, the A50 futures index continued to fall, approaching the closing of A shares, and its decline was close to 4%, which was almost 90% of the total increase yesterday. It was precisely because of the continuous decline of the index that the A-share market also surged back today, and it was heavy, which basically confirmed that November 8 was the second highest point of the 924 market, and today's 3494 point was the third highest point. Technically speaking, today was a counter-draw to 3509 points, with a sharp correction at the end of the session.
Today's A-share rise is the compensatory trend of A50 futures index. Today's A50 futures index plummets, and tomorrow's A-share market will have a compensatory decline trend. We can observe the support level around 3380. If this position is supported, the market will be a slow decline trend. If it is not supported, it will be a rapid decline trend.The four gaps below the A-share market have been closed, and the countdown has entered. Today's trend is to draw a full stop for the 924 market. As for whether it is a rapid decline or a shock decline, this needs to be observed.Let's take a look at the four gaps left by the 924 market: September 24, September 25, September 27 and September 30. Apart from the relatively small gap left on September 24, we can take a seat according to gap theory: September 25 is a breakthrough gap, September 27 is a persistent gap, and the gap left on September 30 is an all-out gap.
Strategy guide 12-13
Strategy guide 12-13