central bank digital currency and fintech in asia, Overview

The short-term peak time node is likely to be tomorrow. Or the last trading day. Why do you say that? Please look at the chart below-the daily chart of the Shanghai Composite Index.At noon today, I was particularly emotional. In this special period and state (facing severe challenges from the outside), technical analysis has indeed become obviously ineffective.At the close, the three major indexes rose significantly. As of the close, the Shanghai Composite Index rose by 0.85%, the Shenzhen Composite Index rose by 1%, and the Growth Enterprise Market Index rose by 1.35. As of the close, the turnover of the two cities was 1.89 trillion, 89 billion more than the previous trading day. Judging from today's closing, the A-share market once again showed a strong side. In the case of obvious diving in the morning time-sharing chart, deep V reversal again! Finally, the increase in volume was realized. This trend is quite different from the trend I predicted yesterday. It seems that my point of view has been attacked by the main force again.

By noon today, as a veteran, my "artistic conception" has been damaged. I have to hurry to regain my confidence as a veteran.At noon today, I was particularly emotional. In this special period and state (facing severe challenges from the outside), technical analysis has indeed become obviously ineffective.In fact, I am still very sure about today's market adjustment. But as you can see, no matter how weak the market is, there will be a powerful force to pull the index up instantly. The heavy meeting set the tone of "stabilizing the stock market and the property market", but today the news is warm again. Today, I really feel that "the market really can't fall", and the market may not fall in its current position.

The short-term peak time node is likely to be tomorrow. Or the last trading day. Why do you say that? Please look at the chart below-the daily chart of the Shanghai Composite Index.Then, from the main tone of the market, the whole should look up, and it can only be like this at present! Therefore, the following technical analysis is purely for reference. Because I have to say that the current technical analysis does have obvious failure.Next, we use technical analysis to solve an important problem. When will the market meet the stage minimum? Where is the next pressure point of the market?