Rebirth of the Capital Legend

Faced with such a closing situation, the main hot money group in Modou is currently.

Xu Qiao stared at the frozen market of the two markets and said with a smile: "This morning we were saying that the 'new energy industry chain' line is the only low-level main line in the market that has not rotated. I didn't expect that the active capital groups in the market would gather around this line to speculate in the afternoon."

"Yes!" Lao Zhang replied, "This hot spot rotation... is really fast. The outbreak of the 'new energy industry chain' line was really sudden, so I didn't have time to add many positions. But today's market, overall, is not very strong. The main line of 'big infrastructure' and the main line of 'emerging industry chain' that was strong this morning, today's trend is a little lower than expected.

In particular, the film and television media, Internet software, and Internet application industry sectors were once very strong in the early trading session.

Except for a few core leading stocks such as 'Huawen Online', 'Huawen Media' and 'Guangguang Media', the trends of other stocks have not shown sustainability.

Even within these core sectors, many relatively popular stocks have not been able to generate sustained profits.

There is no room for performance beyond expectations.

I am worried that the main sectors such as 'consumer electronics', 'semiconductors', '5G communications', and 'new energy industry chain' that are rotating during today's trading will not be sustainable tomorrow!

Moreover, all the major hot spots in the entire market have basically rotated.

How will the market develop in the future? Will it continue to rotate? Or will it fall into a short-term adjustment?

As the emotional anchor point of the two markets and the core theme of the "big infrastructure" related industry sector, the chip structure remains stable.

However, due to the constraints of market volume, it seems difficult to continue to expand upward.

I feel that the market is at this position, and after a lot of emotions have been consumed, it has entered a stage where there is a big divergence between bulls and bears.

Of course, today's market trend also has a more positive side...

That is the last fifteen minutes of the closing period. Looking at the market's intraday trend, it is obvious that the intraday volume has increased a lot during this period, and a large amount of funds are rushing to buy in the closing period.

However, the motivations of these investors who rushed to buy shares at the end of the trading day are still unclear.

I don’t know whether it was due to the positive stimulus from after-market news.

If there is an obvious change in volume, the group of funds outside the market will spontaneously enter the market and go long due to the influence of the profit-making effect of the market trend.

This is a disguised potential benefit for the subsequent market trend.

The reason why the divergence between bulls and bears in the market has increased again and the core main lines cannot be pushed up is that they are limited by the volume.

If the volume space can be opened up, then the market space will most likely be opened up as well, and the potential selling pressure faced by each main line will not be so severe, and the potential buying will be sufficient to take over the selling pressure from the shorts. "

"After the 'new energy industry chain' line moved, the current major core lines of the market and the hot spots of major industry sectors have indeed rotated." Old Wu took over and said, "But the rotation does not mean that the rebound has been in place. Looking at the trend of the ChiNext, it is actually forming a positive long-term trend, and in terms of volume, it has not yet reached the time when the volume is significantly enlarged and the bottom chips are loosened and fleeing on a large scale.

At the current stage, we are focusing on stocks in the main sectors related to the 'emerging industrial chains'.

The rebound should have just touched the potential selling pressure in the first stage, and there should still be some space before the compensatory rally ends.

In fact, we can know the trend by looking at the market sentiment barometer, that is, the trends of 'Oriental Yuhong' and 'Huawen Online', the two core leading stocks created by numerous investor groups in the market and many active capital groups.

At present, these two core leaders have not yet reached their peak and there is no sign of a trend reversal.

Since the trend of these two core leading stocks has not ended, the sentiment of the entire market has not yet entered a period of ebb.

As the overall sentiment has not yet reached a low point, it is appropriate to maintain a relatively positive trading strategy.

Of course, potential risk points should still be paid attention to.

As for the 'big infrastructure' line, the divergence between bulls and bears has indeed been gradually widening in the recent trading days.

If this line cannot shrink and lock in shares in the future, and the intraday trading volume continues to increase, forming a huge trend... then it is likely to enter a platform shock adjustment phase.

Of course, from my personal point of view...

I think that whether it is the 'big infrastructure' line or the 'emerging industrial chain' related main line that many short-term capital groups have concentrated on speculating in recent days, it is not yet time to pay attention to risks, reverse the trend, and start downward adjustments.

Just as Lao Zhang said just now.

Judging from the market trend, the market's bullish and bearish divergences are increasing again.

The market's volume and potential buying power are also increasing synchronously, which shows that no matter what the reason, in the current situation, there are indeed obvious signs of incremental off-market funds entering the market.

As long as there are obvious signs of off-market funds entering the market.

Regardless of whether the incoming funds are short-term speculation funds or long-term investment funds.

In short, it is good news for the market trend.

What's more, all the major indexes, whether it is the Shanghai Composite Index, A50 Index, Shenzhen Composite Index, ChiNext Index, CSI 500 Index, or CSI 1000 Index... are maintaining a relatively positive bullish trend, and there is an obvious upward acceleration. Under this situation, from a technical perspective, we should continue to maintain a relatively positive trading strategy.

However, the rotation speed of market hotspots is accelerating.

It is also a fact that the speed at which funds switch to hot spot speculation is accelerating.

This requires us to be cautious in chasing market hot spots during this stage, focusing on lurking at low levels and supplemented by chasing, so that we may have better expected returns. "

"The trend should be lagging behind the sentiment, right?" Lao Zhang's view on the market trend is far less optimistic than Lao Wu's. After thinking for a while, he said, "The K-line technical form is inherently lagging behind the market feedback. If the hot spots where major short-term funds gather to speculate cannot be sustained and cannot form a concentrated money-making effect space, then the enthusiasm of the many retail investors who follow these funds to speculate will be reduced.

When people's enthusiasm for following the trend decreases, the emotional heat of the hot spots guided by hot money will decrease.

Ultimately, the hype about major hot spots will become less and less, and the spatial elasticity will also become lower and lower.

I think this is something that deserves great attention.

In fact, today, the check for "Huawen Online" also showed some dangerous signals in the afternoon trading, and its block orders were rapidly reduced at one point.

I estimate this check, considering that the entire 'Film and Television Media' sector did not perform well today.

There won't be a huge premium tomorrow.

Moreover, today, or even before, if you don’t have the funds first, if you continue to accept this check tomorrow, it will most likely be difficult to make money.

And if the check of 'Chinese Online' is suppressed at the height of three consecutive boards.

The hyped core stocks in other hot areas of the market may also be highly suppressed by the third board, which is not a good signal for the short-term market sentiment and short-term market cycle. "

"Tomorrow, the check for 'Huawen Online' will indeed experience the baptism of great divergence." Xu Qiao took over and said, "However, divergence does not mean the end of the market trend. Today, the intraday trends of popular main-line sectors such as 'Consumer Electronics', 'Semiconductors', '5G Communications', and 'New Energy Industry Chain' are actually not very hot, and there is no strong enough money-making effect during the trading session. I feel that the sustainability is questionable.

Maybe tomorrow the market hotspots will shift back to the film and television media, Internet software, and Internet applications sectors.

Moreover, the film and television media, Internet software, and Internet application sectors did not rise much in this round of rebound. Compared with the rebound space of the entire market, especially compared with the growth space of the Shanghai Composite Index, the general growth of these major sectors is still relatively lagging.

In other words, there is still expectation of rebound in these major sectors.

In addition, the large number of retail investors in the market still pay quite a lot of attention to these major sectors.

In other words, as long as the funds are willing to trade, the follow-up effect of retail investors on the corresponding hot stocks in these major sectors is still quite strong.

Both the bandwagon effect and rebound expectations exist.

It is very likely that the market focus will shift to these sectors again.”

"Xiao Xu is right." Brother Chen thought about it and responded, "Overall, the market sentiment is still relatively good. Judging from the trend of the 'Huawen Online' check, the market has not yet finished, and the various capital groups within this check are still deeply involved.

At present, whether it is from the perspective of volume feedback or the degree of divergence between bulls and bears.

There is no obvious sign of dispersion in its chip structure.

Furthermore, as Xiao Xu just said, the major sectors of the "emerging industrial chain" such as film and television media, Internet software, and Internet applications have a relatively good mass base.

And the overall situation is still in an oversold state.

The expectation of rising prices still exists. In this case, we cannot jump to conclusions.

I think if there is a huge divergence in the price of 'Huawen Online' tomorrow and a sharp drop in the price, it will be a good short-term game point. "

"Brother Chen, are you so optimistic about the check from 'Huawen Online'?" Old Zhang said with a little surprise.

Brother Chen smiled and continued, "It's not that I'm optimistic, it's that the market has chosen the 'Huawen Online' check as the sentiment vane for the breakthrough in the main line of the 'emerging industrial chain' this round. In this case, we can only respect the market's choice. At this stage, it is obvious... Although the speed of market rotation is accelerating, the sentiment remains good and the ebb period has not yet arrived. Naturally, we should be a little more optimistic.

Moreover, investors are paying close attention to markets like this, and many short-term funds are gathering to speculate.

And the involvement is very deep in the core leading stocks.

Generally speaking, the first huge divergence will not be a sign of the end of the market.

Just like the trend of the 'Oriental Yuhong' check some time ago, as long as the internal chip structure does not loosen significantly, the mass base of major fund groups in the market following suit and going long remains, and the underlying hype logic of the entire main line sector and potential expectations still exist.

Then, the differences on the market will turn back into consensus.

The expectations and underlying logic of the 'Huawen Online' check are not as strong as those of the 'Oriental Yuhong' check.

The structure and market influence of the core speculation capital group that dominates this check are not as strong as the "Fuxing Road" on the "Oriental Yuhong" check.

But the circulation volume of this check and its market value.

But it is much smaller than the check from Oriental Yuhong.

And relatively speaking, the sedan chair behind the check of 'Huawen Online' is not as heavy as the check of 'Oriental Yuhong'.

In other words, the potential selling pressure it faces is not that severe.

"Well, that's true." Old Wu listened to Brother Chen's analysis, thought for a moment, nodded slightly and said, "Relatively speaking, the circulation and market value of the 'Huawen Online' check are indeed much smaller, which is easier to control with funds and more conducive to the continued relay of various funds. As long as the sentiment is maintained, this check does have a high probability of continuing to move upward and breaking through the limit of the third board height."

"It still depends on the funding structure of the check, right?" Lao Zhang said, "But I feel that the funding structure of 'Rongchao Business Center' and 'Labor Road' is not that good. To be honest, the fact that the funding of 'Rongchao Business Center' has been locked up for two consecutive days is already beyond expectations.

The check of 'Oriental Yuhong' is in terms of market value and circulating volume.

It is indeed much bigger than the check from 'Chinese Online'.

But at the same time, the main force that dominates the 'Oriental Yuhong' check, that is, the 'Fuxing Road' trading seat of the Su brothers, its market influence and financial strength are completely not on the same level as the follow-up effect of retail investors, institutions, and even many active hot money in the market.

With the Su brothers' current market influence, they are fully capable of supporting such a stock trend.

In fact, I think the reason why Oriental Yuhong can keep going up along such a strong trend is not only because of its strong fundamental logic, but most importantly, it is also supported by the seat premium of the Su brothers.

For the check of 'Chinese Online', firstly, the underlying logic is not that strong, and secondly, the structure of the dominant funds is average.

Once there is a divergence in the market, the selling pressure will be huge.

Whether it can continue to hold up and continue to move upward, breaking the high space suppression of the third board, there is still a lot of uncertainty. "

"I think that the departure of funds from Rongchao Business Center or Labor Road will be more conducive to the follow-up funds to take over the check for Huawen Online, and will be more conducive to the success of this check." Xu Qiao thought for a while and said, "After all, if the sedan chair in the market is too heavy, there will be fewer people willing to carry it outside the market, just like the current check for Oriental Yuhong. Although its underlying logic and future expectations are still strong, its market divergence has also increased significantly recently. I estimate that even if Brother Su's Fuxing Road can continue to lock positions, the upward trend slope of this check will gradually slow down, and it is probably not realistic to continue to rely on the support of the 5-day line to move upward."

"Yeah, I think so too." Old Wu nodded and said, "As for the subsequent trend of the 'Huawen Online' check, I think we should look at today's Dragon and Tiger List data. Maybe after further analysis, it will be clearer."

After saying that, Old Wu looked at the time and turned his gaze back to the frozen screens of the two markets.

And as several people had a heated discussion in the group.

The market time at this moment has entered 5 o'clock in the afternoon, and the Dragon and Tiger List of the two cities has been updated as scheduled.

Under the watchful eyes of countless retail investors and active short-term speculators in the entire market, the core leading stock "Huawen Online", which has attracted much attention from the market, continued to be on the list as everyone expected.