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Comments: A shares plunged across the board, how long is the bull market cloudy? Where is the support point? The veteran scored 60 points today.The above picture shows the "histogram of the capital flow of the constituent stocks of Land Stock Connect". From the above figure, we can find that the northbound funds smashed the plate today, and a very obvious green column line was pulled out on the chart. Today's efforts to smash the market are basically the same as those on November 22, the last time the Shanghai Composite Index fell more than 3%. That's why the index fell so badly today.Back to the point, now this negative line has fallen particularly badly. It's a bald and barefoot big yinxian. This negative line not only fell in volume, but also fell below the support of the two moving averages on the 5 th and 10 th. The kinetic energy of the crash is very large. Under normal circumstances, this kind of heavy yinxian line often does not stop falling immediately. It takes at least a K-line with a small shrinkage to stop falling. Therefore, I have to further reduce the support point of A shares next Monday. The support point of A shares may need to reach around 3352 points! 3352 is near the 0.5 golden section of the rising band since the lowest point of 3227. There is still a 1.18% downside from today's closing price.

The above picture shows the "histogram of the capital flow of the constituent stocks of Land Stock Connect". From the above figure, we can find that the northbound funds smashed the plate today, and a very obvious green column line was pulled out on the chart. Today's efforts to smash the market are basically the same as those on November 22, the last time the Shanghai Composite Index fell more than 3%. That's why the index fell so badly today.Back to the point, now this negative line has fallen particularly badly. It's a bald and barefoot big yinxian. This negative line not only fell in volume, but also fell below the support of the two moving averages on the 5 th and 10 th. The kinetic energy of the crash is very large. Under normal circumstances, this kind of heavy yinxian line often does not stop falling immediately. It takes at least a K-line with a small shrinkage to stop falling. Therefore, I have to further reduce the support point of A shares next Monday. The support point of A shares may need to reach around 3352 points! 3352 is near the 0.5 golden section of the rising band since the lowest point of 3227. There is still a 1.18% downside from today's closing price.Comments: A shares plunged across the board, how long is the bull market cloudy? Where is the support point? The veteran scored 60 points today.

As a veteran, in fact, today is particularly emotional. Because of the adjustment of the market, in fact, I have already predicted. In the past few days, I have been earnestly telling everyone that the market will adjust. However, as we all know, the market should have been adjusted on Wednesday and Thursday this week, but because the news was not adjusted, this situation really made me have great doubts about technical analysis. But fortunately, after yesterday's closing, I still found my inner peace and returned to technical analysis again. After yesterday's close, my prediction of today's trend is still adjustment. Please have a look at the hand-drawn forecast chart I updated yesterday about today's trend. I think this picture can still be scored 60 points. After all, the direction is right.The above picture shows the "histogram of the capital flow of the constituent stocks of Land Stock Connect". From the above figure, we can find that the northbound funds smashed the plate today, and a very obvious green column line was pulled out on the chart. Today's efforts to smash the market are basically the same as those on November 22, the last time the Shanghai Composite Index fell more than 3%. That's why the index fell so badly today.Back to the point, now this negative line has fallen particularly badly. It's a bald and barefoot big yinxian. This negative line not only fell in volume, but also fell below the support of the two moving averages on the 5 th and 10 th. The kinetic energy of the crash is very large. Under normal circumstances, this kind of heavy yinxian line often does not stop falling immediately. It takes at least a K-line with a small shrinkage to stop falling. Therefore, I have to further reduce the support point of A shares next Monday. The support point of A shares may need to reach around 3352 points! 3352 is near the 0.5 golden section of the rising band since the lowest point of 3227. There is still a 1.18% downside from today's closing price.