I have been in the Chinese stock market for 12 years, and I will record my feelings after the market close every day (the opening day of the stock market) and share it with you. At the same time, I will reflect on myself and be calm.
China’s Shanghai Composite Index currently only has more than 3,300 points. China is rapidly recovering and growing. If you are interested, you can follow me and learn about emerging markets.
Today the market played yesterday's drama again. I said it at the beginning of the week. This week is going up first and then down. On the weekly line is a doji with an upper shadow. Although the overall trend is basically in accordance with this rhythm, there are some flaws on the weekly line. It's my mistake in judgment, I don't quibble, admit my mistakes with an open mind, and work hard next time.
Although the K-line graphic prediction is a bit flawed, the adjustments in these two days have been relatively violent. Many people have lost their profits and even their principal. So how should we deal with it?
Let me talk about a point first: This is a bull market, no doubt.
Nowadays, many people's opinions are relatively swaying. They call the bull market when they rise a little, and they call their fathers and mothers when they fall. Every day, they fall into the clutter of opinions or self-contradictions. They judge every day and predict every moment. Illustrate a problem: Can not see the market trend.
We must have a clear understanding of the trend here. The large-cap stock index has entered an ascending channel, and the ChiNext has also stepped out of the 5 wave attack. This is an indisputable fact. The major trend market is on the ascending channel. There is no doubt about this. This is also the basis of all my transactions.
Another aspect is that the bull market also has a mid-term adjustment. In order to rise higher, it is now in the mid-term adjustment.
With these two points of view, in the short-term, the adjustment here has not been in place, and there will be opportunities for bargaining next week.