The key after today's A-share market opens is whether it can break out of the widespread decline—meaning, only about a thousand stocks are in the green. Once this trend appears, I plan to start bottom fishing and deploying positions.
What if I don't get this signal? Then I'll just wait until tomorrow, no rush. If there's no widespread decline before the holiday, the market basically doesn't offer any decent opportunities. In the face of this obviously manipulated market, my approach is to take a light position, just 10% of my total holdings.
Honestly, there's no need to obsessively watch the market. Even if the Shanghai Composite Index has ten consecutive bullish days, it doesn't matter much to us—we're trading individual stocks, not the index.
My goal is very clear: if the All A-Share Index drops a medium-length red candle and directly breaks through the 1900 level, while also breaking the support of the 5-day moving average, then the index will have the condition to retest the 10-day moving average. By then, the short-term risk in the market will be truly cleared.
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GasWaster
· 14h ago
Over a thousand stocks are in the red? That will have to wait until the Year of the Monkey or the Year of the Horse. Right now, the market is mainly a game of the main players playing individual stocks, and a broad decline is even less likely to be seen.
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ImpermanentTherapist
· 15h ago
Waiting for a dip? Bro, are you waiting for the lottery? Haha
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PretendingSerious
· 15h ago
Waiting for a big crash? Man, your patience is really incredible. I couldn't take it anymore a long time ago.
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LayerZeroEnjoyer
· 15h ago
I've heard the same set of signals about a market decline too many times, and what was the result?
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GateUser-c799715c
· 15h ago
My style is to not enter the market until the overall decline is over. This guy's idea is pretty good.
The key after today's A-share market opens is whether it can break out of the widespread decline—meaning, only about a thousand stocks are in the green. Once this trend appears, I plan to start bottom fishing and deploying positions.
What if I don't get this signal? Then I'll just wait until tomorrow, no rush. If there's no widespread decline before the holiday, the market basically doesn't offer any decent opportunities. In the face of this obviously manipulated market, my approach is to take a light position, just 10% of my total holdings.
Honestly, there's no need to obsessively watch the market. Even if the Shanghai Composite Index has ten consecutive bullish days, it doesn't matter much to us—we're trading individual stocks, not the index.
My goal is very clear: if the All A-Share Index drops a medium-length red candle and directly breaks through the 1900 level, while also breaking the support of the 5-day moving average, then the index will have the condition to retest the 10-day moving average. By then, the short-term risk in the market will be truly cleared.