A shares have completed the feat of Ba Lianyang week."Eight Lianyang" is very rare.I tell you that, according to my rough statistics, there are 8 consecutive yang or 8 consecutive yang more than 8 times in the history of A shares.Generally, it takes two or three years to appear a "eight -Lianyang" prosperous scene!After the "Eight Lianyang" this time, almost all retail friends thought that they would rise all the way next and would not adjust.I really have some worries.
I found a historically trend in history that is very similar to the current situation of the A -share 8 -Lianyang, and even the increase is basically the same.Or it will have a certain reference value for everyone.Please look at the picture below -the trend chart near February 4, 20 years of the Shanghai Stock Exchange Index.
Figure 1 Shanghai Index near February 4th, 20th, low,
Compare the current chart of the current A -share Babangyang.
Figure 2
I marked the two graph K-line running trajectory with red rough lines.EssenceAnd everyone note that the red line segment has risen 373 basis points, and 374 basis points have increased by the red line segment!That is, the increase in these two sections not only the same angle of rise, but also the same as the rise.
Lets look at Figure 1, and then the index has a deep step back.As far as my calculation, the extension of retracement has almost reached 50%of the increase.
So, while everyone is happy, I moderate the cold wind and cool down.No matter how strong trends, there will be retreat -everyone remember this truth.
