cryptocurrency as a medium of exchange Top stories

2024-12-14 11:32:57

At the close, the three major indexes plummeted across the board! As of the close, the Shanghai Composite Index fell by 2.01%, Shenzhen City fell by 2.23%, and Venture% fell by 2.48%. The three major indexes all fell by more than 2%. By the close of trading, there were 4,410 companies falling and 920 companies rising. As of the close, the turnover of the two cities was 2.09 trillion. Compared with the previous trading day, the volume was 202.4 billion.As a veteran, in fact, today is particularly emotional. Because of the adjustment of the market, in fact, I have already predicted. In the past few days, I have been earnestly telling everyone that the market will adjust. However, as we all know, the market should have been adjusted on Wednesday and Thursday this week, but because the news was not adjusted, this situation really made me have great doubts about technical analysis. But fortunately, after yesterday's closing, I still found my inner peace and returned to technical analysis again. After yesterday's close, my prediction of today's trend is still adjustment. Please have a look at the hand-drawn forecast chart I updated yesterday about today's trend. I think this picture can still be scored 60 points. After all, the direction is right.Here, I have to tell you that in the worst case, the current downward trend of the market may completely reproduce the downward band since 3509. With the same angle, the decline will be the same. If so, the index will return to around 3227. Now, however, I don't think the worst will happen. We will see again and again next week, and we will know how the market will go next.


Back to the point, now this negative line has fallen particularly badly. It's a bald and barefoot big yinxian. This negative line not only fell in volume, but also fell below the support of the two moving averages on the 5 th and 10 th. The kinetic energy of the crash is very large. Under normal circumstances, this kind of heavy yinxian line often does not stop falling immediately. It takes at least a K-line with a small shrinkage to stop falling. Therefore, I have to further reduce the support point of A shares next Monday. The support point of A shares may need to reach around 3352 points! 3352 is near the 0.5 golden section of the rising band since the lowest point of 3227. There is still a 1.18% downside from today's closing price.Praise is the greatest support for my pure technical school.Today, the power to smash the plate mainly comes from the northbound funds. None of us can see the data of specific transactions of northbound funds. But here I provide you with a profile chart, so that you can have a look at the strength of the northward fund smashing today.


Today, the power to smash the plate mainly comes from the northbound funds. None of us can see the data of specific transactions of northbound funds. But here I provide you with a profile chart, so that you can have a look at the strength of the northward fund smashing today.Statement of the work: Personal opinion, for reference only.Back to the point, now this negative line has fallen particularly badly. It's a bald and barefoot big yinxian. This negative line not only fell in volume, but also fell below the support of the two moving averages on the 5 th and 10 th. The kinetic energy of the crash is very large. Under normal circumstances, this kind of heavy yinxian line often does not stop falling immediately. It takes at least a K-line with a small shrinkage to stop falling. Therefore, I have to further reduce the support point of A shares next Monday. The support point of A shares may need to reach around 3352 points! 3352 is near the 0.5 golden section of the rising band since the lowest point of 3227. There is still a 1.18% downside from today's closing price.

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