Yesterday, after the major index opened lower, the large-cap sectors surged strongly, reaching a high of 3983 points. Then resistance hit, and from midday onward, it steadily declined, finally closing with a bullish doji star. Overall, the market looked like it gained less and lost more, but the trading volume slightly increased.
Although the index achieved nine consecutive days of gains, individual stocks haven't been as cooperative these past two days, continuously adjusting. Today, whether it can break the ten-day winning streak has become a hot topic across the internet. In major financial commentaries, two phrases are especially popular: "Ten consecutive days of gains, ten consecutive days of losses" and "The index rose again, but the money is gone"—sounds harsh, but they truly reflect the current market reality. The main funds are controlling the rhythm, causing a complete disconnect between the index and individual stocks.
In this kind of divergent market, there are actually two paths: one is to flexibly trade swings, buying low and selling high; the other is to identify strong stocks and adjust positions promptly. If you have a good sense of rhythm, you can try boldly; if you're unsure, strictly follow the daily buy and sell ranges, operate within the set points, and avoid reckless moves—this will be more stable.
From yesterday’s market state, it feels like the index is struggling to move higher, and that bullish doji star was forcibly created. Unless stocks that have been adjusting for two consecutive days can rebound strongly, I’m not optimistic about today’s market. More importantly, today is the last deadline for a significant capital withdrawal—if you don’t sell by tomorrow, the funds won’t reach your account, creating considerable pressure on liquidity. Therefore, the index is likely to remain flat today, and the focus should be on observing individual stock movements, adjusting the rhythm based on their strength or weakness.
The key technical levels are clear: the upper Bollinger band is around 3985, which acts as both resistance and an upward pull; the previous high at 3978 points should not be underestimated. Looking downward, the 8-day moving average at around 3938 points is steadily rising, providing initial support; the neckline at 3936 points offers stronger support; the 55-day moving average at 3927 and the 60-day at 3924 (both trending upward) form a double defense. Additionally, the gap at 3890 points below still attracts prices downward.
Based on these, today’s trading strategy is as follows:
1. If the index pulls back, consider bottom-fishing within the range of the 8-day moving average at 3938 and the 60-day at 3924; once it falls below the 60-day at 3922, don’t rush to add positions, wait until the 3890 gap is filled.
2. If stocks decline broadly at the open, especially if more than 3,500 stocks are falling, don’t fixate on the index level; look for opportunities to buy selectively.
3. If the index rebounds and reaches the 3978 to 3985 range near the upper Bollinger band, consider taking profits and reducing positions decisively.
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MoonlightGamer
· 2h ago
Another streak of ten consecutive gains and ten consecutive losses, I'm already tired of this. What's the point of the index going up?
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NervousFingers
· 11h ago
Ten consecutive gains and ten consecutive losses, this move really isn't interesting.
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RebaseVictim
· 11h ago
Ten consecutive gains and ten consecutive losses, this meme is hilarious. My wallet feels the same way.
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FastLeaver
· 11h ago
The index rose again and the money is gone, this sentence is really perfect, always getting caught in the crossfire.
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Once again a hard-made doji star, the main force really knows how to put on a show.
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Operating at key levels is the real way, don't follow the market to mess around.
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Wait for the price to break below the 60 line before bottoming out safely, chasing high now just makes you the bag holder.
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Only when it drops below 3500 is it a real opportunity, if this wave comes, I'm in.
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Can't seem to make ten consecutive positive days, with such high capital pressure, still hoping for a rebound.
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Wave trading really tests your mentality, I prefer to operate around certain levels for peace of mind.
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Today was an ordinary day, no key levels, so I went to sleep, don't mess around.
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The strong stocks should be rotated now, in a differentiated market, follow the main force.
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I won't add to my position until the gap at 3890 is filled, I'm waiting.
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DefiVeteran
· 11h ago
Ten consecutive gains and ten consecutive losses, this is the current joke. The index is self-indulging over there, while retail investors are getting squeezed.
Yesterday, after the major index opened lower, the large-cap sectors surged strongly, reaching a high of 3983 points. Then resistance hit, and from midday onward, it steadily declined, finally closing with a bullish doji star. Overall, the market looked like it gained less and lost more, but the trading volume slightly increased.
Although the index achieved nine consecutive days of gains, individual stocks haven't been as cooperative these past two days, continuously adjusting. Today, whether it can break the ten-day winning streak has become a hot topic across the internet. In major financial commentaries, two phrases are especially popular: "Ten consecutive days of gains, ten consecutive days of losses" and "The index rose again, but the money is gone"—sounds harsh, but they truly reflect the current market reality. The main funds are controlling the rhythm, causing a complete disconnect between the index and individual stocks.
In this kind of divergent market, there are actually two paths: one is to flexibly trade swings, buying low and selling high; the other is to identify strong stocks and adjust positions promptly. If you have a good sense of rhythm, you can try boldly; if you're unsure, strictly follow the daily buy and sell ranges, operate within the set points, and avoid reckless moves—this will be more stable.
From yesterday’s market state, it feels like the index is struggling to move higher, and that bullish doji star was forcibly created. Unless stocks that have been adjusting for two consecutive days can rebound strongly, I’m not optimistic about today’s market. More importantly, today is the last deadline for a significant capital withdrawal—if you don’t sell by tomorrow, the funds won’t reach your account, creating considerable pressure on liquidity. Therefore, the index is likely to remain flat today, and the focus should be on observing individual stock movements, adjusting the rhythm based on their strength or weakness.
The key technical levels are clear: the upper Bollinger band is around 3985, which acts as both resistance and an upward pull; the previous high at 3978 points should not be underestimated. Looking downward, the 8-day moving average at around 3938 points is steadily rising, providing initial support; the neckline at 3936 points offers stronger support; the 55-day moving average at 3927 and the 60-day at 3924 (both trending upward) form a double defense. Additionally, the gap at 3890 points below still attracts prices downward.
Based on these, today’s trading strategy is as follows:
1. If the index pulls back, consider bottom-fishing within the range of the 8-day moving average at 3938 and the 60-day at 3924; once it falls below the 60-day at 3922, don’t rush to add positions, wait until the 3890 gap is filled.
2. If stocks decline broadly at the open, especially if more than 3,500 stocks are falling, don’t fixate on the index level; look for opportunities to buy selectively.
3. If the index rebounds and reaches the 3978 to 3985 range near the upper Bollinger band, consider taking profits and reducing positions decisively.