Can The Second Wave Rebound Rise?

In August, the market broke through the pressure point COP=3064 of the French lunar month line. In September, it pulled back an internal vaginal line and recharged it under COP=3064. The market is still in the downward trend under the MACD forecast index line and the 25X5 average line. The market in October must immediately pull up, and once again on COP=3064, in order to stabilize the current rebound momentum, to the French strong pressure area OP=3240/F5=3285 continue to rebound.

　　 Big plate In October, if it reaches 2969 in the month of 9, it will probably withdraw to the supporting area from F5=2830 to 2870. At the same time, the probability of its breaking down to the lower level of the lunar line will be greatly increased in the dense area COP=2494~COP=2422. This strong support area is likely to reverse the position of the market.

Seen from the weekly chart, the market skip before the Mid Autumn Festival fell below the September 2nd week's K line low of 3050, triggering the trend of "deep withdrawal and even a wave of falling quotes". This week, the market has fallen below the imperial MACD forecast index line and the superimposed area F5=3012/F3=3003, and has been placed above them.

If the market can continue to pick up and break through the high 3054 last week after the National Day holiday, it will probably end the withdrawal of the weekly line and launch an attack on the XOP=3117/F3=3161. However, if the market falls below 2969 this week after the National Day holiday, its trend on the weekly line will change to a fall, and it may fall to the position of the superimposed supporting area F3=2949/F5=2935 on the weekly line.

If the market is able to maintain this superimposed area, it is still expected to continue the second wave on the weekly market. rebound Rising prices. But if it is cut down, the market will at least fall to the forefront of F5=2830. At the same time, it will restart the month line down, the risk of falling below 2638 will also rise sharply. Seen from the daily chart, the market rebounded to the point of pressure on the French market on Thursday and turned around, and this Monday opened up and plunged sharply. It reached a support rebound after arriving at last week's forecast of XOP=2970's support point F3=3051.

The market is now in a strong downward trend. After the national day, unless it breaks through the F5=3051, it will continue to fall to the position of F3=2949/F5=2935 in the superposition area of the weekly line. If the market breaks through the F5=3051 after the national day, it will hopefully end the decline of the daily market and return to its upward trend on the weekly line.

In general, Shanghai Composite Index This week, after breaking down the MACD forecast index and the superimposed area F5=3012/F3=3003, they pulled back to their top and headed for a decisive moment in a direction. The market is only allowed to move forward after the National Day holiday, and no retreat is allowed. Once it falls below the low of 2969 this week, it may trigger its deep retreat on the weekly line or restart the downward trend on the monthly line.