30F, the movement upward from 2700 is an aA(aAb) structural pattern. The segment outside of this is a consolidation structure, which is well-formed, with first, second, and third buy signals all triggered. At the end of the movement, a bearish signal has emerged, and the subsequent rebound failed to break the previous high, forming a bearish continuation structure. Here, a downward trend at this level can be expected.
Large-cap stocks in the financial and banking sectors can be sold and exited, and CSI 300 index funds can also be exited.
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A-share Market Quick Review: #SSE Composite Index
30F, the movement upward from 2700 is an aA(aAb) structural pattern. The segment outside of this is a consolidation structure, which is well-formed, with first, second, and third buy signals all triggered. At the end of the movement, a bearish signal has emerged, and the subsequent rebound failed to break the previous high, forming a bearish continuation structure. Here, a downward trend at this level can be expected.
Large-cap stocks in the financial and banking sectors can be sold and exited, and CSI 300 index funds can also be exited.