The trend of each market this week is very critical. Today, we will unify and analyze it with a long-term thinking.
As usual, let's talk about the A-share market first. In my previous article, I have always said that I want to dig a hole now, because the rebound after this year's decline is the rebound of B wave in the falling wave, and then there is the fall of C wave. Although the downward trend that began in early July rebounded for three weeks after early August, I think this rebound is just a rebound on the way down, not a change in trend, keeping the midline bearish view. This bearish market is also very difficult, requiring firm confidence and patience to wait.
I still said last weekend that the digging market will continue, but the two-day rebound on Monday and Tuesday was really challenging, and even I almost overturned it, but I think the weekly trend is the real trend, so I plan to wait until the end of the week to adjust my thinking. As a result, there was a sharp fall on Wednesday, and on Thursday and Friday, the trend of Shanghai Stock Exchange and gem diverged. Although the Shanghai Stock Exchange rebounded under the leadership of agriculture and energy, it came to an abrupt end on Friday. The trend of the gem is more obvious, two days are in Wednesday's big Yin line below the negative decline, it is obviously the trend of the decline relay.
For the future trend of A shares, I think it is still dominated by the falling market, especially in this round of B wave rebound in the most powerful gem-related plate, the decline will be deeper. And $SSE Composite Index (000001.SH)$Weaker than in the previous rebound $Chinext Price Index (399006.SZ)$The rate of decline in July.