Chapter 701 Buying Point for Intraday Trading!
In addition to the index performance, the main lines of the major markets.
The main line of "military industry" led the rise in both markets, whether it was the "national defense and military industry" industry sector, or the related "military industry asset restructuring", "military industry asset securitization", "domestic aircraft carrier", "Beidou navigation", "domestic large aircraft" and other concept sectors, all of which were at the top of the list of gains.
The industry sectors and concept sectors related to the main line of "big infrastructure", as well as the industry sectors and concept sectors related to the main line of "big finance", especially the industry sectors and concept sectors with a relatively high proportion of large-cap weighted stocks, such as banks, insurance, securities, commercial real estate, building decoration, building materials and other sectors, completely gave up the initial gains of the call auction at 9:15, and the major related sector indexes were all fixed near the flat position.
As for the main lines of "technological growth" and "big consumption",
Among the industry sectors and concept sectors related to these two main lines, only the "Film and Television Media" sector performed relatively strongly, opening at a high of 0.53%. Other related concept sectors and industry sectors basically showed a flat opening state, which was consistent with the Shanghai Stock Exchange Index.
In the opening freeze, the main strong ones...
are obviously the constituent stocks in the "Small and Medium-sized Board" field.
Moreover, the previously marginal branch concepts such as "Celebrity Shareholding and Participation", "Sports Industry Development", "New Stocks", "Smart City", and "Online Education" came out in the call auction stage from 9:23 to 9:25, and received aggressive increases in positions from many active fund groups.
In general, from the frozen market of the two cities, it can be seen that the market divergence of core weight stocks is still relatively large at this time. Various active funds and short-term follow-up fund groups are obviously converging towards small-cap concept stocks. At the same time, many concept stocks that were previously seriously lagging behind the market and relatively stagnant have also obviously exerted their strength at this time, and there are traces of the main buying fund groups converging on the market.
"It opened flat indeed!" Wang Can stared at the market in the main fund trading room of Yuhang Investment Company and exclaimed in surprise, "At 9:15, it turned out to be a scam."
"It can't be called a scam." Zhao Lijun laughed, "It's also a reflection of the overall market sentiment."
"Old Zhao, according to this opening pattern, compared with the overall bullish sentiment of the market before the market, it is obviously a little less than expected, right?" Wang Can pondered for a moment and continued, "It's an obvious downward trend. It feels that the adjustment trend at the end of yesterday's trading has not yet been completed. In this way... after the official opening, there is a possibility of a sharp drop!"
"Well, this pattern, after the official opening, there is a possibility of a sharp drop." Zhao Lijun nodded slightly.
Wang Can scratched his head and said, "Isn't there no pressure at 3,300 points? Why is it so difficult to break through?"
"Can't the index be adjusted slightly?" Zhao Lijun said with a smile, "Even if it is a 'bull market', the continuous entry and acceptance of the incremental capital group will take time to react slowly. What's more, the index just experienced a wave of plunges two days ago. It is impossible to continue to attack and attack before the chip structure is completely stable.
If it really goes that way...
The market's foundation and future support strength in this index point range are not solid.
The chip structure is not solid. Even if the index breaks through briefly and breaks through the pressure level, it will most likely fall back under the pressure of concentrated profit-taking and unwinding. Continue to step back and consolidate.
This is just like the previous continuous short squeeze of the index, the accumulated huge profit-taking and unwinding, which led to the market plunge in the past two days. .
That kind of movement, which looks sharp, is actually just a larger amplitude, not necessarily a very strong performance. Moreover, in the trend of the index's continuous short squeeze and then a sharp fall, it is difficult for most investors in the market to make money.
I think it's okay to go slow and break through step by step.
At most, it's just a little more patience.
However, the core holdings of our current fund have basically been completed. At this time... For us, the least lacking thing should be patience. "
"You are right." Wang Can said with a smile, "It seems that I am too anxious, but according to this pattern, if there is a sharp kill at the official opening, it should be a good buying opportunity today? At least when it is a sharp kill, the winning rate of intraday trading should be very high. "
According to technical analysis.
The situation of today's market opening is obviously continuing the pattern of yesterday's closing stage.
Looking at the 15-minute K-line chart, the retracement adjustment from the end of yesterday's trading is almost coming to an end, so he thinks it is a good buying point for intraday trading.
Zhao Lijun laughed and said, "It can be considered that if there is a low point at the beginning of the trading, it is indeed suitable for intraday increase in positions."
"However, it should not be too low." At this time, while the two were talking, Zhu Tianyang on the side also took over, "This opening pattern, although compared with the pre-market sentiment, is slightly lower than expected, but more than 70% of the more than 2,000 stocks in the two markets still opened higher in the red market. In general, the market's money-making effect is still good, and especially the short-term capital group is following up fiercely.
And in terms of this pattern trend...
The speculation of leading concept stocks and hot concept stocks dominated by short-term capital groups still has a certain driving effect on the entire market.
So after the opening, even though the index may fall back with a high probability.
But driven by a number of core concept leading stocks and hot stocks, the fall back will not be too deep. ”
“It doesn’t matter, there is a relatively low point for intraday trading.” Zhao Lijun said with a smile, “It’s good to make a little money. At this time... I don’t force myself to buy cheap high-quality chips. "
With a brief analysis and exchange between several people...
Unconsciously, the market trading time has moved from 9:25 to 9:30, and the two markets have entered the formal continuous bidding trading period.
After a short five minutes of emotional brewing and a brief analysis of the market by various capital groups.
The two markets just started to jump.
The Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index all fell rapidly and turned green in a flash.
In the slightly less than expected opening results, those slightly disappointed and undetermined investor groups made their choices at this moment, and began to take profits and sell corresponding chips in time.
At 9:31, the Shanghai Composite Index turned green, and the Shenzhen Composite Index and ChiNext Index slipped to near the flat position.
At 9:32, the Shanghai Composite Index's decline widened to 0.21%. At the same time, The main line of the market, the banking, insurance, and securities sector indexes in the "big finance" field, all turned green at this moment, and the industry sector indexes in the "big infrastructure" main line field, such as building decoration, building materials, commercial real estate development, machinery and equipment, public transportation, and non-automotive transportation, also fell and retreated.
Of course, at this moment.
After the "Hua Ke Shu Guang" check briefly increased the selling volume of about 700 lots, it quickly shrank and continued to maintain the trend of unlimited limit.
And due to the demonstration and guidance of "Hua Ke Shu Guang".
"Lan Shi Heavy Equipment" rose straight at the beginning of the session, and its main buy orders of tens of thousands of lots were frequently issued on the market, frantically sweeping the main sell orders in the front gear, and its stock price rose straight to the limit position within one or two minutes.
There are also "Hua Hang Heavy Machinery" and "Shanghai San Mao" ’ also exploded.
At 9:33, when all three major indexes fell into the water, ‘Lanshi Heavy Equipment’ directly and firmly closed the daily limit, achieving the third consecutive daily limit after the plunge in the previous two days.
At 9:34, ‘Shanghai Sanmao’ hit the daily limit, and at the same time, the ‘new stock’ sector index rose straight, and the increase quickly broke through the 2.55% position. There was also the ‘Shanghai Free Trade Zone’, a concept sector that was hot last year. At this moment, driven by the daily limit of ‘Shanghai Sanmao’, it also quickly broke through the 1% increase position and squeezed into the top three of the concept sector increase list of the two cities.
At 9:35, stimulated by the three consecutive daily limits of ‘Lanshi Heavy Equipment’, a number of core concept stocks and leading concept stocks that rebounded strongly in the previous two days of the market have ushered in a large number of active funds to follow up, and stock prices have rioted. Among them, the check of 'Leiman Optoelectronics', which had a strong linkage with the check of 'Lanshi Heavy Equipment' some time ago, rose by 5 points in a straight line within one minute, expanding the intraday increase to 7%.
At 9:36, the abnormal movement of 'Leiman Optoelectronics' led the entire 'sports industry development' concept sector.
Within the sector, stocks such as 'Annie Shares, Snowman Shares, Pathfinder, Rhine Sports, Xinlong Health, Qujiang Culture and Tourism...' followed the trend and rose.
And at the same time.
In the branch field of 'film and television media', the concept of 'celebrity holding and participating in shares' also rose rapidly, such as 'Guangdong Media, Huace Film and Television, Ciwen Media, Tangde Film and Television, Light Media, Huayi Brothers...' A group of stocks have also attracted the attention and acceptance of a large number of active capital groups.
At 9:37, the Shanghai Index further fell back to a decline of 0.53%.
Moreover, the intraday decline of Shenzhen Index and ChiNext Index also expanded to about 0.2%. Only the SME Index rose against the trend and even expanded its increase to 0.89%.
And in the rapid decline of the index.
The core weighted stocks related to the main lines of "big infrastructure" and "big finance" that supported the Shanghai Index to continue to rise in the early stage, basically all died at this moment.
"Huaguo Zhongtie" fell by nearly 1 point at the beginning of the session.
"Huaxin Securities" also fell rapidly to 0.78% at the beginning of the session.
"Huaguo Construction, Huaguo Railway Construction, Huaguo Zhongye, Huaguo CNR, Huaguo CNR..." and other weighted core stocks with "Hua" prefix, at this moment, all appeared relatively fierce selling, while active buying was relatively small, and most of the buying was passively paid at the bottom to take over.
And the "Internet Finance" concept sector that was extremely active in the previous two days.
There was also a clear correction trend at the beginning of today's trading. Active buying was obviously unable to take over the concentrated selling.
While the weighted stocks of "big infrastructure" and "big finance" fell one after another, the weighted core stocks in the main fields of "technological growth" and "big consumption" that had soared sharply in the past two days also showed a sluggish trend. Stocks such as "LeTV, Netspeed Technology, Huaguo Software, Inspur Software, Inspur Information, 2345, Qianzhou Moutai, Midea Electric, Gree Electric, Haier Electric, Changan Automobile, Great Wall Motors...", etc., at this moment, the market trend and intraday decline are basically greater than the Shanghai Composite Index.
In general, in these 7 minutes.
The overall active capital flow within the market is basically following up on small and medium-cap concept stocks that have strong demand to make up for the increase, or that have strong buying orders.
At 9:38, ‘Western Securities’ exploded in volume, reaching a 3% intraday decline.
And under the sudden selling trend of ‘Western Securities’.
A number of stocks such as 'Oriental Securities, Huatou Securities, Huazhong Capital, Huatong Securities, Huatai Securities, Huashang Securities, Founder Securities, Pacific Securities...' also followed the trend and fell. Among them, the check of 'Huazhong Capital' , and in an instant, all the gains from the high opening were completely given up.
At the same time, the securities sector fluctuated and fell, and naturally the 'Internet finance' sector was also inevitable.
I saw that 'Flush' also fell sharply by more than 2 points, and the intraday increase fell back to 1.2%.
As for the "Oriental Fortune" check that was originally opened at a significantly higher price due to the huge increase in positions in the "Jiefang South Road" seat, at this moment it not only gave up all the gains in the higher opening, but also turned green.
At 9:39, with the rapid decline of the "Securities" and "Internet Finance" sectors, and the follow-up decline of the "Banking" and "Insurance" sectors, the Shanghai Stock Index's decline further expanded to 0.76%.
And also at this moment.
‘Chengfei Integration’, a popular stock in the market that attracted much attention in the two cities, saw its stock price plummet and hit the bottom limit.
The rapid sales of ‘Chengfei Integration’ also caused the ‘military industry’ sector, which once led the gains at the beginning of the session, to fall sharply.
At 9:40, the Shanghai Stock Index fell close to the 1% mark. At the same time, the index point suddenly fell below the 3250 point mark. It seemed... as if the plummeting trend of the previous two days was repeated.
"Holy shit, isn't it? After failing to break through 3,300 points, is there going to be another plunge?"
Seeing the rapid expansion of the Shanghai Stock Index's intraday decline, and the violent rebound in the previous two days, the core main lines of the market, as well as related core concept sectors, all fell into a state of malaise with rapid corrections at the beginning of today's trading, as well as a number of short-term active funds in the market, They also began to intensively flow into the 'sub-new stock' sector for hedging.
At 9:43, in the Magic City, Yinghui Fund Company, 'Yinghui No. 2' fund product trading room, fund manager Shao Xiaoyun stared at the market, feeling his scalp numb. He just belatedly realized what he had missed yesterday. The position was filled up, and at this moment, the market fell into a violent correction again. Wouldn't this cost him his life?
"What the hell, what about the full bull market that was promised?" Shao Xiaoyun frowned and complained, "Is it so difficult to even break through 3,300 points? Can we continue to be optimistic about 3,500 points?"
"The market trend does seem a bit bad." Liu Changling, the fund product trading team leader sitting next to Shao Xiaoyun, also frowned at this time and responded, "It's really strange. Logically speaking, 3300 points in the past two days The selling pressure nearby has been released on a large scale. Why is it still so fierce at this moment? "