I thought that there would be an adjustment today, because it was expected that the landing funds would be cashed, but I didn't expect that the adjustment would exceed one point, especially in the last hour. I was obviously out of control emotionally, and I was anxious to cash out the funds.As for the extent, after the index plunged today, it is unlikely that it will continue to plunge next week, and there will be strong support in the area from the top of the 20-day moving average to 3380 points.Since the index is to see if it will stop falling around next Tuesday, it is just to wait and see in the short term.
I thought that there would be an adjustment today, because it was expected that the landing funds would be cashed, but I didn't expect that the adjustment would exceed one point, especially in the last hour. I was obviously out of control emotionally, and I was anxious to cash out the funds.(1) After 3400 points fell below, the support below came to the vicinity of 3380 points. Today, it is ugly for a big yinxian line to fall below 3400 points, but it can fall below the intraday level today, at least it can be considered as a one-step break, otherwise many people will definitely worry that 3400 points will not be kept next Monday.Since the index is to see if it will stop falling around next Tuesday, it is just to wait and see in the short term.
If it stops falling and stabilizes next week, where will the market go?However, today's direct drop below 3400 points shows that we don't want to stick to the bottom line now, which is quite disappointing.This is that every plunge in the index will be accompanied by a rapid cooling of short-term sentiment, and some high-end stocks will be the most affected.