It's very simple. At present, the three short-term lines of GEM have basically been concentrated together, that is to say, the short-term chips in the market are relatively concentrated. Generally speaking, the lines are all from intensive to divergent, and then from divergent to intensive.Compared with the previous trading day, the turnover of Shanghai and Shenzhen stock markets today has dropped by more than 400 billion yuan, but it still reaches 1.78 trillion yuan. It can be said that it is still in a heavy market. Recently, it is very strange that the index has been increasing, but the market has not been able to go up.As a result, many chips on the disk are stuck in this position, which is why the index once again surged and fell back on the last trading day. Moreover, with the fall, there are more floating chips gathered above.
In fact, the overall upward space is not large in the short term, because the top of the GEM's sideways position is only at 2437, and the pressure at this point is not generally large. In this wave of market, the GEM has repeatedly experienced a high and low price near this point.Today, the stock market rose slightly. After the close, the Shanghai Composite Index rose slightly by 0.29%, while the Growth Enterprise Market Index fell. However, the decline was not large, only 0.11%, and the Shenzhen Component Index also rose by 0.33%. The overall differentiation was not serious.
It can be seen that the current funding is still biased towards a more cautious state.As a result, many chips on the disk are stuck in this position, which is why the index once again surged and fell back on the last trading day. Moreover, with the fall, there are more floating chips gathered above.It did go up yesterday, but it finally came down. Today, it seems to be calmer, and something seems to be brewing. Therefore, the author thinks that in the short term, there may be a wave of market changes.