Chapter 717: Change of Style During the Plate!
"No matter which main force it is, it is normal to sell at this time to realize the benefits." Following Zhao Lijun's words, Zhu Tianyang stared at the market and responded, "Even in a bull market, the market cannot be without any disagreement. I think... the market can fully bear such selling at present."
"It's hard to say. Today's volume is larger than usual." Zhao Lijun took over and said, "And the 'Securities' sector is the engine of the entire market. The core leading stock of the 'Huaxin Securities' sector is under pressure and has plunged. With the popularity and attention of this stock, the market will definitely have a chain reaction.
In addition, the two major sectors of securities and Internet finance have indeed been rising for many days.
If there are main forces taking advantage of this time to realize the benefits , if a large number of stocks are sold to reduce positions... then other corresponding core stocks in the market will definitely follow suit, which will inevitably further induce a large number of profit-making funds in the market to quickly stop profits.
As a result, the market has formed a greater concentrated selling pressure.
Of course, not considering the intraday trend, in terms of the medium and long-term trend...
This concentrated selling volume and the escape of profit-making orders will not affect the "bull market" logic of the entire market, but will only affect the short-term trend of the market. "
"In fact... after the market officially opened, the initial attack was still too hasty." Liu Yuan, who carefully observed the market for a while, took over at this time, "It takes time for the incremental funds to follow up, and at the same time, the bullish sentiment of the market also needs time to react.
From the moment the market opened, because of the 'Shanghai A large number of main funds poured in through the Hong Kong Stock Connect channel.
They attacked the corresponding core and popular main lines eagerly and swiftly.
They greatly raised a number of popular stocks and blue-chip stocks with heavyweights.
Although it was said that the upward space of the market was opened up for a while, and the bullish sentiment that was obviously scattered in the market call auction stage was re-condensed.
However, this kind of concentrated funds eagerly pulled the market.
Moreover, the market was pulled by a number of popular main line sectors that had risen a lot before and had accumulated a large number of short-term profit-taking plates.
Then, after the most aggressive part of the incremental long funds was quickly consumed.
Faced with the concentrated retrieval of profit-taking plates, it was naturally difficult to bear it for a while.
This is also the current market that suddenly hit a new intraday high and refreshed the high point of this round of rebound, and the market of the weighted core stocks was under pressure. The reason why the stock price retreated sharply when the power suddenly broke down.
If it was the beginning of the trading session, this part of the aggressive long funds would not attack so fiercely.
Gentle upward attack, and maintain market turnover, waiting for the market conditions and trend patterns to improve step by step, allowing the bullish sentiment to further ferment over time.
Then, the current market trend should not appear.
Of course, there was no new positive stimulus over the weekend, and the trend of the external market was once again overshadowed, which brought a hint of upward attack to the long forces of the market, which is also one factor.
But...
In any case, even if today's market is not as good as expected.
As long as the market's volume continues to expand, and the market's liquidity and turnover continue to increase, then the current hot bull market pattern should not stop. "
"Agree! "Zhang Guobing laughed when he heard this and responded, "It is normal for the short-term good news to land, the market to retreat, and the profit-taking of funds. As long as the basic logic of the current market to maintain the bull market and the overall expectations for the future are still there, then as heavy positions, we can continue to hold positions steadily and wait for market fluctuations to adjust.
However, as the market divergence increases, the volatility will inevitably increase as well.
At this time, it is not easy to do intraday trading. You have to keep a close eye on the market and pay attention to stop loss and stop profit. "
"As long as the overall medium- and long-term trend and market conditions of the market can be maintained, there will be no big problem. "Wang Can laughed and said, "As for intraday short-term trading, President Su originally wanted everyone to cultivate a sense of the market and train intraday trading techniques. There is no profit requirement. Now that the intraday buying and selling points are difficult to judge and difficult to trade, let's not do it for now. "
After saying that, Wang Can looked back at the trading group he was in charge of.
He briefly explained to everyone that at this time, everyone should watch more and do less, not to rush into positions, and not to rush to reduce positions in large quantities.
With the brief discussion in the trading room.
At this time, the market trading time has reached after 10 o'clock.
And with the weighted core stock of the securities sector, 'Huaxin Securities', the leading weighted stock with the largest daily turnover in the two cities, fluctuated downward, and the selling became heavier.
The other core weighted stocks in the two cities also followed suit.
Whether it is the securities sector, mutual funds, etc. Whether it is the Internet finance sector, the banking and insurance sectors, or the entire ‘big finance’ main line, the gains have generally retreated by 1 point.
As for the popular main lines such as ‘military industry’, ‘infrastructure’, and ‘technological growth’ driven by ‘big finance’.
The extent of the retracement is relatively larger.
At 10:13, ‘Tonghuashun’, which had originally been locked in the daily limit, also suddenly exploded. On its daily limit, the previous moment’s 210,000 orders were almost swallowed up instantly.
At 10:14, after ‘Tonghuashun’ exploded, the stock price quickly fell back to around 7%.
And with the rapid decline of the stock price of ‘Tonghuashun’.
Stocks with a strong correlation with this check, such as ‘Hengsheng Electronics, Oriental Fortune, Jinzheng Shares, Yinjie Technology, and Changliang Technology’, also followed suit and fell back, and there were more and more active selling orders on the market.
At 10:15, the share price of ‘Huaxin Securities’ fell back to a daily increase of 1.75%, and after the opening, in 45 minutes of trading time, its daily turnover had expanded to around 4.8 billion. Compared with last week’s trading day, the volume increased by nearly 1 billion in the same period of time.
At 10:16, the share price of ‘Tonghuashun’ further slipped, and in the entire ‘Internet Finance’ sector, only ‘Dazhihui’ still maintained the form of a daily limit.
At 10:17, the securities sector index and the Internet Finance sector index both returned to a daily increase of less than 2%. At the same time, on the market of ‘Founder Securities’, the net buying volume of the main funds began to gradually turn to negative values, and the weak form was once again revealed.
At 10:18, the two main lines of "military industry" and "infrastructure" also fell further.
At 10:19, the check of "Chengfei Integration", which had once soared during the session, plunged rapidly again until it fell into the water.
At 10:20, "Shanghai Sanmao" exploded and failed to continue the trend of consecutive boards, stopping at the fourth consecutive board.
At 10:21, "Shanghai Steel Union" fell rapidly after a rapid rise, making investors who had just followed up rapidly a while ago quickly ride a roller coaster.
At 10:22, the Shanghai Composite Index fell back to 0.75%.
At 10:23, the A50 Index fell back to a rise of about 1.5% after a strong rise of nearly 2.5%.
At 10:24, "LeTV" fell rapidly and its gains narrowed rapidly.
At 10:25, the Shenzhen Index and the ChiNext Index both fell back to within 0.5%.
At 10:26, in the first fifteen minutes of the morning session, more than five of the popular concept stocks that had closed strongly had a trend of breaking the board.
At 10:27, the number of stocks in the two markets fell back to about 1,250.
At 10:28, the small-cap stock "Shanghai Sanmao" fell sharply to about 5% after breaking the board, and the intraday turnover at this time had exceeded 30%.
At 10:29, the stock price of "Tonghuashun" fell further, and the daily limit of "Dazhihui" began to increase in volume, with great signs of opening the board.
At 10:30, the increase in the securities sector fell back to around 1.35%.
At 10:31, the securities sector and the Internet finance sector fell out of the leading position in the two markets and were replaced by the "new stocks" sector and the "petrochemical" sector.
"Fuck, today's 'big finance' is a trap!"
At 10:32, many retail investors gathered in the discussion area of the trading platform complained when they saw the market trend.
"Fuck, where is the 'strong will always be strong'?"
"Hey, it looks like the good news has turned into bad news, so depressing."
"It shouldn't be? I also followed the 'Huatou Capital' in the securities sector at the opening, this won't... trap me again?"
"Look at this trend, the plunge is obviously unstoppable!"
"Is it 'Black Monday' again? Hey... I said, the early trading stage on Monday is not suitable for opening a position, and sure enough... it's a huge pit!"
"This trend is really shocking!"
"It won't continue to fall Let's go back to the opening position? What about the promised 'bull market'?"
"Will it not replicate the market trend of last Monday? Alas...without cost advantage, holding high-priced hot stocks is really scary."
"'Tonghuashun', the leader, is about to collapse!"
"Is it possible that the leading stock 'Tonghuashun' has reached its peak here?"
"It's hard to say whether it's the long-term top, but it should be the short-term top, right? After all, this check has almost tripled in the past half month."
"Isn't it the 'Internet Finance' sector? Is it the pioneer leading sector of this bull market? The core leading stocks of the leading sector are only 3 times the market height? This is too outrageous, what kind of "bull market" is this? "
"Hey... I don't understand where such a large amount of selling comes from."
"All the selling at this moment is profit-taking!"
"No way? After the opening of the "Shanghai-Hong Kong Stock Connect", the funds of the "Southern Group" came in to take over the stocks?"
"Fuck, the transaction volume of "Huaxin Securities" today is going to be amazing. It's not even 11 o'clock yet, and the transaction volume is already around 5.5 billion. It looks like ...The transaction volume of this check today, by the time the market closes in the afternoon, will probably reach 12 billion, right?"
"This volume... is really exaggerated."
"Look at the intraday trend of the Shanghai Stock Exchange Index in the past hour. Does it look like a fishing line?"
"Don't mention it, it really looks like one."
"Fishing line? What kind of fish are you fishing for?"
"We...am I not the fish that the main funds of all parties are fishing for? Hey, it seems that we have chased the high point again, and we will be stuck for a while again."
"I am not afraid of being stuck for a while, but I am afraid that the market will turn down here!"
"Shouldn't it? The moving averages are still diverging upwards, and it's far from the time when the moving averages start to entangle. According to technical analysis, at this time, even if the index is trapped by the suppression of profit-taking, it can't hit a new space height in a short time, it won't fall sharply. At most, it will just fluctuate sideways to digest, and then wait for the divergent moving averages to catch up, and then continue to choose a new direction after entanglement."
"If the technical analysis is reliable, I won't lose money!"
"It should still have a certain reference value, right?"
"Hey, at the beginning of the plate A number of popular main lines with large volume and a number of core concept theme main lines, now... it feels like a total annihilation?"
"It's really weird. As soon as I increase my position, the market starts to fall."
"Hey... why is China Petroleum rising? This core weight with a market value of trillions of yuan, what's going on?"
"It's not just China Petroleum, the core weight stock, the previously weak 'petrochemical, non-ferrous cycle, coal, pharmaceutical business, retail chain, liquor, white goods...' are all starting to move abnormally."
"Indeed, 'Qianzhou Moutai' is actually Then it began to rise rapidly in volume. "
"What does this market trend mean? The wind direction has changed drastically!"
"The popular main lines at high positions and popular concept themes were suppressed by profit taking and pulled back across the board, while the marginal main lines at low positions and other non-hot main line high-quality weighted stocks at historical lows suddenly attracted the concentrated attention and scramble of a large number of main capital groups. This trend... is the market performing a 'high-low switch' of the main line? "
"Yes, yes... it should be the main capital groups active in the market that are performing a high-low switch. "
"Ha Ha, I told you, the market will always rotate. I have a full warehouse of 'Qianzhou Moutai'. This time... it's finally the turn of the liquor sector to rise, right? To be honest, the impact of plasticizers has long passed, and the fundamentals of the liquor sector have actually reversed. "
"Oh, I'm so eager to see it, my 'Shenhua Coal' has finally started to move."
Amid the heated discussions of many retail investors...
As the market trading time goes by, when the Shanghai Composite Index slides to around 0.62%, the overall market style begins to change rapidly.
It seems that in the early trading stage.
The profit-making funds group sold from hot main lines such as securities, Internet finance, military industry, infrastructure, banks, insurance, etc.
There was no intention to leave the market, but instead, they chased after the leading stocks of other non-hot mainline industries that had almost fled and were still hovering at the bottom, as well as high-quality weighted core stocks, and followed the positive news of the "Shanghai-Hong Kong Stock Connect" in the morning and chased the main line of "big finance and big infrastructure" at the intraday high.
With the change of market style, when the trading time of the two markets entered 10:45.
Driven by a number of non-hot mainline weighted core stocks such as "Huaguo Petroleum, Qianzhou Moutai, Wuliangye, Shenhua Coal, Gree Electric, Midea Electric, Haier Electric..."
The Shanghai Index, Shenzhen Index, and ChiNext Index began to slowly recover.