Chapter 455: Deep V Washout, Breaking and Then Standing?

At the same time, no one could have imagined that the small and medium-sized board and the GEM, which had clearly shown signs of style switching before and performed significantly better than the Shanghai Stock Exchange Index, would become the market's leading index. As if overnight, the market's investment style had switched back. On the main board, the small and medium-sized boards and the GEM are completely abandoned.

Of course, it’s even more unexpected.

During the Dragon Boat Festival holiday, a 2.35% plunge in the external market was able to defeat the post-holiday market to this extent. After all, when the external market rose sharply, A-shares did not follow the rise, so why did it plummet? When the time comes, A-shares must follow the decline?

"The Dragon Boat Festival has become the Dragon Boat Festival. It's so depressing."

Faced with such a tragic start to the market, among the retail investors gathered in the discussion area of ​​the stock trading platform, as well as stock investment forums and stock investment communities, there were stock-holding investors who were suffocated and could not help but sigh: “Is this trend worthy of those of us who stick to the market and hold stocks for the holidays?”

"Hey, stop talking, I'm heartbroken. I thought the market would give me a red envelope for the Dragon Boat Festival, but I didn't expect... it was a sap in the head."

"Follow the decline rather than the rise, this is the characteristic of Big A."

"I won't say anything if I follow the decline. The key is to open lower and break through 2200 points. This is really too much. It's a killing. It's really merciless."

"How can the stock market be humane? The financial trading market is the cruelest market."

"Indeed, before trading officially started, I set a lower limit. It was over before it even started."

"I have deduced it countless times before, thinking about how the market should go when it is at 2200 points. I never expected... I just opened low and killed it."

“This opening is really shocking!”

"Where is the 2,200-point support that was promised? Why is it suddenly vulnerable?"

"Hey, I felt bad about the trend before the holiday last week. Unfortunately, I was too greedy. I always felt that the index was at 2200 points and there should be a strong rebound. I didn't expect... I would directly kill after the holiday. Ah, he opened low and penetrated the support, not even giving him a chance to escape."

"The index continued to shrink last week, with small yin and small yang, which does mean it has bottomed out."

"It's so false, it's all lies."

"Today's jump and low opening directly caused the entire market to completely break, right? The follow-up is really not optimistic, it is too tragic."

"Hey, it is indeed broken."

"This sharp lower opening completely destroyed the bottom pattern that emerged just last week."

"But fortunately, the low opening position is not far from the 2200 point mark. This position cannot be said to have actually fallen below the support level, right? Maybe it can be recovered after the market opens, and if it opens, the index can quickly recover 2200 points If it reaches the pass, it will be a trend that cannot be broken or established.”

"Take it back? It will happen in my dreams!"

"This form is almost a collapse trend. At this time, it is really unrealistic to have the idea that the market will violently rebound or even reverse."

"Hey, accept the reality, there is really no hope."

“Whether 2200 points has a real supporting effect depends on the overall market performance and whether there are sustained core hot trends to drive the overall market situation. And it is obvious that through the entire call auction trend this morning, Look, the market has no signs of development in this regard, so it is really difficult to hold on to the 2200 point position. "

"The key point is that after the IPO is released tomorrow, the first batch of new shares will be officially listed."

"Yes, I think this is the reason why the market is suddenly so weak after the holiday, because at a glance, it is expected that everything will be negative in the short term!"

"Indeed, the first batch of new stocks to be listed will inevitably suck blood from the market."

"The external market has plummeted, and the subsequent trend of the external market has become uncertain again. Coupled with the listing of new stocks, how can the market rise?"

"Looking at the market, the main funds on the market have also completely escaped."

"As I said before, without sustained money-making effects, the market cannot have a future. Given the current situation, what should we speculate on? Consumption, medicine, finance? Or two barrels of oil!"

"I originally thought that the line of 'growth stocks' in the direction of small and medium-sized boards and GEM would once again take the lead in the market and lead the market out of the bottom. But now it seems... there is no chance."

"The small and medium-sized boards have led the market down, so there is definitely no chance."

“Indeed, looking at the major hot spots in the entire market, we can’t see any mainline market trends that are sustainable and have the logic of continuous speculation!”

"At a glance, I saw that the entire market was full of hold-up orders."

"That's not true. The Shanghai Stock Index fell from 2,500 points, which is really a wave of bargain hunting funds."

"Looking at the top 20 popular concept stocks that have attracted market attention, all the stocks that had a natural change of hands before the holidays have been discontinued today."

"It goes without saying that all hot money tycoons are retreating."

"It's hopeless. With such a lower-than-expected opening, after the market officially trades, the panic selling on the market will only become more intense."

"If the Shanghai Stock Index cannot quickly make up for the gap after the official opening, then it will definitely be a plunge today."

"Preliminary estimates indicate that the Shanghai Stock Index's 2% decline will definitely be unstoppable."

"If 2200 points actually fall below, then the only step is to look at the 2000 point position."

"Hey, it won't happen this year that the Shanghai Stock Exchange Index will fluctuate in this big box between 2000 and 2200 points, right? Damn... This big box is really stubborn. It has trapped the index for almost 2 years. These two days No matter how much the index jumps during the year, it will always return to this big box after rebounding."

"If 2200 points cannot be sustained, the Shanghai Stock Index will inevitably return to the early large box. There is no doubt about it."

"Hey, the position is too heavy and I really can't afford to lose money. Now I can only hope for a miracle. I hope the Shanghai Stock Exchange Index can truly bottom out at 2200 points."

"If the Shanghai Stock Exchange Index bottoms out at 2,200 points and reverses, this can only be said to be a miracle."

"I feel like there is still a glimmer of hope, right? Judging from the entire collective bidding process, the two core themes of 'infrastructure' and 'state-owned enterprise reform' are really disappointing."

"Even if it falls completely, the hold-up above these two main lines has accumulated to a heavy enough level. It will be difficult to form an effective rebound, right?"

"In fact, the internal expectations for these two core main lines should still be there, right?"

"In terms of 'infrastructure', this year's macro policies and even the investment in large projects guided by the government are in a state of expansion. That is... the scope of this line is too large, the market sentiment is sluggish, and there is not so much money to pull it, unless' Mr. Su of the Yuhang Department can stand up clearly and take over the market on a large scale here. Just like in early April, he will use his own power and market influence to drive the market and form continuous speculation expectations. In this way, the market will be at 2200 points. There is a glimmer of hope, maybe there is a glimmer of hope.”

"Mr. Su's 'road to wealth'?"

"Yes, but this hope is also quite slim. After all, Mr. Su is on the line of 'infrastructure'. It is estimated that he has indeed completely withdrawn from the market and stopped taking profits. There is no reason to come in again to pull this main line that is extremely locked up. , opening up the space for speculation, thereby liberating investors who were on guard in the early stages.”

"That's true, hey...it seems we can only stop the loss."

Amidst the heated discussions among many retail investors, the five-minute short trading suspension time passed by in a flash, and the two cities ushered in the official continuous bidding trading period.

After five minutes of short-lived emotional brewing, the market's panic selling sentiment became more extreme.

At 9:31, only one minute after the market opened, the Shanghai Stock Index quickly broke through the 2190 mark, extending the market decline to more than 1.2%. At the same time, the time-sharing volume of the two cities was able to expand rapidly, 'Infrastructure', ' State-owned enterprise reform', 'military industry', 'Internet finance', 'mobile Internet', 'smartphone industry chain', 'venture capital', 'reorganization backdoor', 'ST sector', etc. performed well in the collective bidding stage of the two cities. The relatively weak main line concept saw its decline expand rapidly, and many of its related popular concept stocks also suffered extremely heavy selling blows in an instant, and the stock price trend plummeted.

Of course, at a time when these main line concepts have plummeted one after another, and have been further abandoned by the main funds of all parties in the market and the vast number of retail investors holding positions.

There are several main lines of defense focusing on ‘consumption’, ‘medicine’ and ‘finance’.

But it has gradually stabilized, and it continues to absorb information from 'infrastructure', 'state-owned enterprise reform', 'military industry', 'Internet finance', 'mobile Internet', 'smartphone industry chain', 'venture capital', 'reorganization backdoor' ', 'ST sector' and the funds fleeing from the main line concepts, as well as various safe haven funds retreating from other main line areas.

At 9:32, the decline of the Shenzhen Stock Exchange Index and the ChiNext Index both expanded to more than 1.5%, and the decline of the small and medium-sized index expanded to about 2%. The entire market, mid- and small-cap concept stocks, encountered an avalanche, and market liquidity began to further decline. Large-cap stocks are concentrated in the direction of the main board.

At 9:33, the number of stocks in the two cities reached 30. Among them, "Shanghai Sanmao, Beijiang Communications Construction, Beixin Road and Bridge" and other popular stocks that were overly speculated in the early stage have all dropped to the limit.

At 9:34, the Shanghai Stock Index reached 2180 points, and the decline also expanded to more than 1.5%.

At 9:35, the number of stocks in the 'ST sector' fell to the limit, reaching 10, and the trend of falling to the limit became more and more intense.

At 9:36, the Shanghai Stock Index broke through 2180 points and continued to expand its decline. The direction of capital flows in the two cities also further shifted from 'infrastructure', 'state-owned enterprise reform', 'military industry', 'Internet finance', 'mobile Internet', Main lines such as 'smartphone industry chain', 'venture capital', 'restructuring backdoor', and 'ST sector' have flowed out of the concept, while flowing into defensive main lines with higher liquidity such as 'consumption', 'pharmaceuticals' and 'finance'. plate.

At 9:37, defensive main sectors such as 'Consumer', 'Pharmaceutical', and 'Finance' began to buck the trend and strengthen as the market's risk aversion sentiment increased rapidly.

At 9:38, the Shanghai Stock Index rebounded briefly after hitting its lowest point of 2178.97.

At 9:39, both cities ushered in a rebound after local extreme panic selling.

At 9:40, the Shanghai Index returned to the 2180 point mark and further impacted towards the 2185 point. At the same time... After the extreme panic selling, in a short period of time, the pressure on the market suddenly eased, and short-term copycats saw opportunities both inside and outside the market. Chassis, speculation began to enter the market.

At 9:43, the Shanghai Stock Index regained the 2185-point mark, narrowing the decline to less than 1.5%.

At 9:45, the decline of the ChiNext Index and the Shenzhen Index also shrank to about 1.65%. The liquidity of the main concept stocks of small and medium-sized stocks that were extremely sold off by panic selling in the two markets recovered slightly.

At 9:47, the Shanghai Composite Index returned to the 2190-point mark, further narrowing the decline, and the influx of short-term bottom-fishing funds also increased further.

At 9:50, the Shanghai Composite Index recovered 2195 points, almost returning to the opening position.

At 9:55, the Shanghai Composite Index broke through 2197 points, continuing the intraday rebound trend, setting a new intraday high, and also turning the daily K-line chart from green to red, and began to fill the gap of the low opening upward. Of course... it also left an obvious "golden needle bottoming" trend.

At 9:59, the Shanghai Composite Index broke through 2200 points, recovering this important support level after the extreme volatility at the beginning of the session.

At 10:02, the Shanghai Composite Index continued to rebound upward, with a strong momentum to completely fill the gap and turn from decline to rise. At the same time, the main concept sectors of "infrastructure", "state-owned enterprise reform", "military industry", "Internet finance", "mobile Internet", "smart phone industry chain", "venture capital", "reorganization and shell", and "ST sector", which were extremely sold off at the beginning of the session and released a huge wave of panic selling, also began to quickly recover their lost ground and quickly rebounded to above the opening position. The state of strength and weakness showed signs of reversal.

With the rapid rebound of the main concept sectors of "infrastructure", "state-owned enterprise reform", "military industry", "Internet finance", "mobile Internet", "smart phone industry chain", "venture capital", "reorganization and shell", and "ST sector", the defensive main sectors such as "consumption", "medicine", and "finance", which were once popular with funds at the beginning of the session, lost their sustainability and fell back.

At 10:10, the Shanghai Composite Index rebounded quickly, continuing to refresh the intraday high to 2212.43 points, while the intraday decline was reduced to less than 0.5%.

Faced with such a market trend...

The majority of investors in the market were dumbfounded, and their hearts were both excited and shocked.

"Fuck, fuck... I said it was a trend of breaking and then standing up, right? Haha... Those who bought the bottom at the opening today are really making a lot of money at this moment."

Some people were excited and sighed, and at the same time, they also had higher expectations for the future trend of the Shanghai Composite Index.

"Awesome, the deep V in the early trading is really impressive."

"Is this the golden needle that has found the bottom? It is definitely the golden needle that has found the bottom. I feel that after this wave, the market has definitely found the bottom."

"I said that the Shanghai Composite Index would not fall below 2200 points so easily, and it turned out to be true."

"Haha, the support of the Shanghai Composite Index at 2200 points is still relatively solid. Now we should be able to increase our positions at this position with confidence, right?"

"It feels like it is almost there. 2200 points should be the bottom."

"Today's golden needle in the early trading should be the lowest point of this round of Shanghai Composite Index adjustment."

"Fuck, why did I forget to buy the bottom?"

"I said that the stocks in the main areas of 'consumption', 'medicine', and 'finance' will definitely not be sustainable. , as expected. ”

“The two main lines of ‘infrastructure’ and ‘SOE reform’ are still strong, and the rebound is so fast.”

“The two lines of ‘infrastructure’ and ‘SOE reform’ should have been adjusted now, right?”

“Next, in which direction will the market break through, and which main line will lead the market? The two main lines of ‘infrastructure’ and ‘SOE reform’, or the two main lines of ‘mobile Internet’ and ‘smartphone industry chain’?”

“Don’t mention the direction of the main line breakthrough, let’s wait for the Shanghai Composite Index to turn red during the session!”

“The gaps have been filled. Looking at this situation, there should be no suspense about the Shanghai Composite Index turning red, right?”

“Sure enough, when the market is extremely panic, it is the time to bottom out and reverse. How does the saying go? Others are afraid. If you are afraid, you should be greedy, and if others are greedy, you should be fearful. "

"Look at the market, funds have begun to flow into a number of concept stocks in the direction of small and medium-sized boards and GEMs. "

"Washing the market, this wave of sharp decline in the morning is definitely a wash of large funds in the market. Fortunately, it has withstood and has not been washed out. Now... it should be the end of the darkness and the dawn, right?"

"This is almost an hour in the morning, and it is really an explosive trend!"

"Haha, who could have thought that it would be such a trend before? The early drop was unexpected, and now... the rebound is also unexpected. "

"Exciting, really fucking exciting."

"I am convinced, the main force's wash is really awesome."

"Turn red, Shanghai Composite Index! This is definitely the bottom, there will be no more surprises. "

"Today Investors who sold their stocks in the main fields of "infrastructure", "SOE reform", "military industry", "Internet finance", "mobile Internet" and "smartphone industry chain" at the beginning of the trading day and chased into the fields of "consumption", "medicine" and "finance" should have regretted it now, right? "

"It is said that holding stocks is like being a widow. If you don't stick to the end, how can you see the dawn?"

"Alas, I died at the last moment before dawn. I sold Gemdale Group and chased Luzhou Laojiao. Now Gemdale Group has rebounded almost 4 points from the bottom, while Luzhou Laojiao has not risen but fallen. Damn... I am so angry that I am about to explode. The key is that I can't sell it at this moment, and it is impossible to adjust the position. "

"I also sold Changqu Technology and chased Ping An Bank. Alas... It is really the worst operation today. "

"That's a big loss. Changqu Technology has rebounded by nearly 5 points and has become popular."

"Sure enough, the stocks with the highest elasticity are the stocks in the direction of the small and medium-sized boards in the market. Looking at this, the most dynamic and explosive stocks in the market should be the 'growth stocks' field in the direction of the small and medium-sized boards and the GEM."

"I feel that this line of 'growth stocks' in the direction of small and medium-sized boards and GEM should serve as the main line of the market's next trend and make rapid breakthroughs, right?"

"I don't know, but the golden needle has completed its exploration. It should be safe to pursue at this time, right?"

"It's definitely safe. The Shanghai Stock Exchange Index turned red today, and even several major indexes rebounded and rose in a deep V. There is absolutely no problem."

"I just feel that the attack path of bargain-hunting funds is somewhat scattered and not very concentrated, and hot money investors... seem to be still hesitant."

"It doesn't matter. It's less than 0.4% points, and the Shanghai stock index will turn red. As long as it turns red and completely reverses the intraday decline, the market sentiment and confidence will be completely reversed. When the time comes, the funds to follow up will definitely be There will be more and more, and there is a high probability that the Shanghai Stock Exchange Index will continue to rebound.”

"I also think that at this time, the risk of an attack is not great."

"This trend of breaking and then rising has basically confirmed the effectiveness of the 2200-point support level, right?"

"That's for sure, otherwise the index wouldn't have recovered so quickly."

"Buy the bottom! This time is definitely the best time to buy the bottom."

The majority of investors in the market were surprised and shocked. At the same time, they all realized that the market was likely to bottom out here and would soon usher in a violent rebound, and they all took action to buy the bottom.

As the time approached 10:33, the Shanghai Stock Index was only 0.26% away from turning red.

However, just when everyone thought that there was no suspense for the Shanghai stock index to turn red, today was definitely a miraculous day of bottoming out and a deep V rebound.

At 10:35, after refreshing the intraday high of 2215.47 points, the Shanghai Stock Index suddenly turned sharply downward again.