No matter from what point of view, sideways is unlikely to be broken in the short term. Of course, this is only the author's personal analysis.At the same time, all these three trading days have formed a high and low, as well as an extremely obvious heavy volume market.Therefore, the higher the index moves to the sideways high point, the greater the market volatility. Today, that is, December 11th, is the best example.
Then, it can be judged that the chips gathered after the top of the sideways fell back are relatively large. As can be seen from the chip distribution map, there is obviously a red chip peak near the 3500 points of the Shanghai Composite Index, which means that the chips here are relatively concentrated.However, the index is below 3500 points, so it can be judged that the chips at the top are all floating chips, and they are all chasing high chips. These chips are unstable factors and floating chips, and the market must be cleaned up.The above views are for reference only.
Therefore, the higher the index moves to the sideways high point, the greater the market volatility. Today, that is, December 11th, is the best example.Just ... The good times didn't last long, then the GEM took the lead in smashing the market, and began to fall again, and the falling stocks began to increase gradually. It can be said that in early trading today, the competition between the long and short sides was fierce, and the three major indexes of A shares were also in a state of ups and downs.Then, it can be judged that the chips gathered after the top of the sideways fell back are relatively large. As can be seen from the chip distribution map, there is obviously a red chip peak near the 3500 points of the Shanghai Composite Index, which means that the chips here are relatively concentrated.