Chapter 573 The Journey of the Bull Market (XVIII)!
Afterwards, just when everyone thought that the Shanghai Composite Index would break through 2,400 points unhindered under the leadership of the two main lines of "military industry" and "infrastructure", the selling volume of a number of core hot stocks and weighted stocks in the two main fields of "military industry" and "infrastructure" suddenly increased.
Among them, the "Fushun Special Steel" check, which attracted great attention from the market, was particularly popular.
On its disk, there suddenly emerged a continuous 5,000 lots, or even 10,000 lots of main selling orders, and its stock price also quickly fell from the intraday high when the trading volume was rapidly enlarged.
At 9:37, the stock price of "Fushun Special Steel" fell below 5%, below the opening price.
At the same time, the stock price of "Beijiang Communications Construction" turned green, and the selling volume on the disk increased with time, and the willingness of profit-making funds to stop profit and exit was extremely strong.
At 9:38, a large number of active sell orders emerged on the core weight stocks in the fields of "infrastructure" and "military industry" such as "China Metallurgical, China Communications Construction, China Railway Construction, and China Aviation Optoelectronics". The stock prices fell from the highs at the beginning of the trading session, and the rapid rise was paused.
At 9:39, the Shanghai Composite Index fell back to near the opening point.
At 9:40, the Shenzhen Composite Index and the ChiNext Index fell as the Shanghai Composite Index rose and fell.
At 9:41, the stock price of "Fushun Special Steel" continued to fall to around 3%. Its market had an amplitude of 5% in just ten minutes after opening, and the ten-minute transaction volume exceeded 236 million, which was a significant increase compared with the trend performance of the previous few trading days.
At 9:42, the market active funds that followed the trend of "infrastructure" and "military industry" at the beginning of the trading session obviously receded. From this moment on, the intraday trading volume of many popular concept stocks and core weight stocks in the main line areas of "infrastructure" and "military industry" also showed a trend of gradual shrinkage.
At 9:43, when the two main lines of "infrastructure" and "military industry" rose and fell, showing a volatile pattern, many short-term profit funds that emerged from the main lines of "infrastructure" and "military industry" began to flow into the main line of "technological growth" which was in a short-term deep adjustment.
At 9:44, Lixun Precision in the fields of "electronic consumption" and "Apple concept" rose.
At 9:45, Lixun Precision rose by more than 1%.
At 9:46, Changying Precision followed the trend and turned red. The core concept theme sector indexes of the entire "technological growth" main line, domestic software, film and television media, Internet finance, etc., all rebounded to varying degrees.
At 9:47, the ChiNext Index and the SME Index, which had fallen sharply for a while, narrowed their losses in the short rebound of the main line of "Technology Growth". At the same time, the gap between their gains and those of the Shanghai Stock Index also narrowed rapidly.
At 9:48, the stock of Netspeed Technology saw a major buying order of 1,000 lots to buy at the bottom.
At 9:49, the first major buying order of 10,000 lots emerged on the market of "LeTV", which had fallen to the limit. At this time, the limit-down orders of "LeTV" had dropped sharply from the highest of 300,000 lots at the beginning of the trading to about 180,000 lots, with a certain hope of opening the market.
At 9:50, "Hengsheng Electronics" and "Sanjiang Shopping", which opened sharply lower, climbed rapidly, and their losses also narrowed rapidly.
At 9:51, more and more funds poured into the main line of "Technology Growth" to buy at the bottom. At the same time, the decline of the ChiNext Index further narrowed to less than 0.2%, with great hope of turning positive.
At 9:52, the Shenzhen Index turned positive, and the increase was synchronized with the Shanghai Index.
At 9:53, all three major indexes turned positive, but the increase was maintained within 0.3%, showing a trend of a small increase during the day. Compared with the previous two trading days, the panic selling sentiment in the entire "Technology Growth" main line field has been significantly alleviated. After two consecutive trading days of selling, the market of many corresponding concept stocks has also stabilized.
At 9:54, "Hengsheng Electronics" turned positive, and the two concept sector indexes of "Internet Finance" and "E-commerce" rose rapidly, and the corresponding concept stocks also followed suit.
At 9:55, the limit-down order of "LeTV" was further reduced to about 150,000 lots.
At 9:56, on the limit-down board of "LeTV", active large orders of 10,000 lots emerged to pry the board.
At 9:57, just when everyone thought that the limit down of LeTV would be opened with a high probability, and followed the trend to invest funds and followed the big funds to pry the limit down, the limit down orders on LeTV increased by 60,000 hands almost instantly, and the hope of opening the limit down that had just been revealed was extinguished again.
At 9:58, under extremely high attention, when everyone saw that the limit down orders of LeTV increased further, knowing that there was no hope of opening the limit down, the funds that followed the trend to buy the bottom of LeTV began to decrease sharply again.
At the same time, after absorbing the first wave of bottom-hunting funds, the main line of "technological growth" instantly lost the follow-up funds when the expectation of opening the limit down of LeTV fell to the bottom again, causing the stock prices of many core concept stocks that rebounded rapidly in this main line to rise and fall, and they all showed a weak rebound trend.
Once this trend is revealed...
As a weak main line sector with low expectations, the subsequent follow-up funds will become weaker and weaker as time goes by.
So, when the market trading time exceeds 10 o'clock.
At 10:03, a number of mainline concept stocks of 'technological growth' that had previously taken the lead, such as Wangsu Technology, Lixun Precision, Changying Precision, Hengsheng Electronics, Sanjiang Shopping, etc., all retreated quickly, resulting in corresponding The concept sector index is also in decline again, with the trend continuing to fall.
At 10:04, amid the falling trend of concept stocks, the GEM index turned green again during the session.
At 10:05, the Shenzhen Index also turned green and went down.
At 10:06, the 'Film and Television Media' sector resumed its rapid decline, and many core concept sectors in the main line of 'Technology Growth' showed signs of interruption in funding.
At 10:07, many investor groups feel that the short-term profit-making funds from the main line areas of 'infrastructure' and 'military industry' have not been substantially driven after a lot of funds poured into the main line areas of 'technological growth'. After the market situation in the main line of technology growth and the corresponding profit-making effect, its desire to sell chips in the main line of "infrastructure" and "military industry" to stop profits has also weakened.
At 10:08, everyone saw that the adjustment of the main line of 'technological growth' was still not over. After the rotation of market conditions could not be realized, many active financial groups in the market who were originally hesitant began to have no choice but to continue buying 'infrastructure' , and 'military industry' are two core main areas of bargaining chips.
At 10:09, under another change in the attack path of active capital groups in the market, the main sectors of 'infrastructure' and 'military industry', which had surged and fell, once again slowly gathered funds and launched a rebound trend to recover the market decline.
At 10:10, 'Fushun Special Steel', which hit the lowest growth mark of 1.5%, received another attention from the main funds. The active buying volume on the market increased significantly, and the stock price quickly rebounded.
At 10:11, the stock price of Fushun Special Steel rose back to the 3% mark.
At 10:12, the stock price of "Beijiang Communications Construction", which had been deep underwater, also rebounded from underwater and turned red.
At 10:13, the time-sharing chart of the Shanghai Stock Exchange Index also turned upward again, gathering strength once again to reach the 2,400-point mark.
At 10:14, the ‘Military Industry’ sector index returned to its intraday high.
At 10:15, in the 'real estate' sector, Gemdale Group surged in volume and rose in a straight line, with the market rising by more than 3%.
After that, the index trends of a number of core sectors in the two major fields of "military industry" and "infrastructure" once again drove upwards in volume and continued to make breakthroughs.
At 10:37, under the continuous accumulation of funds, the Shanghai Stock Index touched the 2,400-point integer mark.
At 10:40, the Shanghai Stock Index broke through 2,400 points and refreshed the intraday high to 2,405.33 points.
At the same time, the Shenzhen Stock Exchange Index and ChiNext Index were suppressed by the main line of "technological growth" and have been hovering in ranges from a 0.3% decline to a flat position.
However, after the Shanghai Composite Index broke through the 2,400-point suppression, it quickly consumed a wave of active market buying funds.
As the trading time progressed further, limited by the lack of incremental funds in the market, the trend of weak upside began to appear again.
In addition, in the main areas of 'infrastructure' and 'military industry', the trend of relatively core concept sectors and industry sectors, as well as many of its popular concept stocks and core weight stocks, has exceeded the market index by a lot, and has continued to accumulate a large amount of short-term speculation. Take profit.
This leads to an upward trend. Once it is weak, there will be problems with the funds on the market.
These continued to accumulate a large number of short-term profit orders, and then began to swarm in stop-profit selling.
As a result, after 10:45, the Shanghai Stock Index, after breaking through 2400 points, turned downward at a rapid speed and fell back to this point, causing the Shanghai Stock Index to fail to break through upward, or to form a false breakthrough. The market trend pattern.
"My feeling index can't go up!"
At 10:50, in the Shenzhen Stock Exchange, inside Xiniu Fund Company, in the main fund trading room, the trading team leader Mou Zhengxing saw that the Shanghai Stock Index fell back to below 2,400 points, and the market rose, as well as the profit-making effect in the main areas of 'infrastructure' and 'military industry' The market was still unable to expand, so he frowned and said: "Limited by the overall capital capacity of the market, the pressure for the Shanghai Index to break upward has become greater and greater. If this trend continues... I am afraid that the market will Around this position, it will have to fluctuate sideways for a while, right?”
Standing next to Mou Zhengxing, the fund manager Fang Xinsheng, who was staring at the big screen of the trading room, pondered for a while and responded: "The market as a whole has not got rid of the fundamental situation of the stock game in terms of capital. If the Shanghai Stock Exchange Index is going to go up, then It can’t be a trend of continuous Yang breakthroughs.”
"at the same time……"
Fang Xinsheng paused and then said: "Based on the current market trend, the adjustment of the 'technological growth' line is far from over, and it cannot carry the rotation of the market in a short period of time, while 'infrastructure', Although expectations for the two main lines of 'military industry' are still strong, and the market investment sentiment in this field is not bad, the accumulated profits from short-term speculation must still be obtained under the essential condition of insufficient incremental funds in the market. Only after cleaning up can we continue to expand the market and continue to lead the index to an upward breakthrough.”
"So, standing at this point in time."
"It is unrealistic for the Shanghai Stock Exchange Index to continue to break through 2,400 points and quickly move towards the 2,500 point mark."
"At the same time, the two main lines of 'infrastructure' and 'military industry', the more core industry sectors and concept sectors, may also enter a short-term volatile trend."
"Since the line of 'technological growth' cannot carry the active funds on the market to make the main line market rotation, the two main lines of 'infrastructure' and 'military industry' cannot further expand the money-making effect and continue to condense due to the accumulation of short-term profits. The active funds on the market are following the trend, so... where will the active funds on the market go next?" After listening to Fang Xinsheng's analysis, Mou Zhengxing pondered for a moment and asked, "Look at the market trend, 'Infrastructure ', 'Military Industry' has a low probability of a substantial downward adjustment. It is said that there is resistance at the top and support at the bottom, and the core main lines cannot carry the further expansion of the short-term market. This market trend... At this node, It’s really hard to leave.”
Fang Xinsheng chuckled and said: "The short-term active capital groups in the market, especially the hot money funds, have been unable to further speculate on the main lines of 'technological growth', 'infrastructure' and 'military industry'. Most of them will focus on other areas with similar expectations and less upward resistance.”
"Looking at it now..."
"Based on the sentiment created by the two core lines of 'infrastructure' and 'military industry', there are opportunities in the 'big consumption' field."
"Of course, this is my guess."
"If funds don't gather in the 'big consumption' field..."
Fang Xinsheng thought for a while and then said: "Then we should follow the core logic of the two main lines of 'infrastructure' and 'military industry' and dig deeper to make logical hype on the main lines of 'pan-infrastructure' and 'pan-military industry', or Talk about superimposing other main line concepts to create speculation.”
"The current expectations of 'big consumption' are not strong enough." Mou Zhengxing said, "In addition, the chip structure of individual stocks in the entire 'big consumption' field is relatively complex and has never been a target that active hot money groups in the market like to attack. Therefore, you should manage The main line logical speculation of 'pan-infrastructure' and 'pan-military industry', as well as the good market sentiment created with the help of 'infrastructure' and 'military industry', are superimposed and deepened on the basis of the original hype logic of 'military industry' and 'infrastructure'. The probability of digging into other mainline concepts for hype is higher.”
"Indeed!" Fang Xinsheng had to nod in agreement and continued, "But there is no sign yet of how to dig deeper and expand the market logic of the two main lines of 'military industry' and 'infrastructure'. On the market, There doesn’t seem to be anything worthy of special attention…”
"Hey!" He was about to say that he could wait for the market to change, but suddenly he let out a startled cry.
"What's the matter?" Mou Zhengxing asked hurriedly.
Fang Xinsheng stared at the changes in the two markets with his eyes, a smile gradually appeared on his face, and said: "The check of 'Yinkou Port' is so strong that it has closed the daily limit at this time. It is really beautiful. With the help of the emotion of this check, I have been In the venue, a large number of active capital groups, running around like headless flies, seemed to have found their way in an instant. The expansion of the main line market and the market evolution of the superposition of the main line concept we just talked about... seem to be becoming a reality. "