crypto at Overview

So, does this mean that the A-share market will usher in a market change?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.Today, the Shanghai Composite Index rose slightly, but the funds retreated, or will it usher in a change?

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.It can be seen that the current funding is still biased towards a more cautious state.Interestingly, in the last trading day, the GEM jumped to the top of the sideways, but today, the GEM is in the middle of the sideways position, but to be honest, there is indeed a certain possibility of a change in the GEM in the short term. Why?

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.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 Shanghai Composite Index rose slightly, but the funds retreated, or will it usher in a change?