Although the market closed green today, the false bullish line did not break the continuous upward trend. My judgment is very clear: this wave of market行情 is still ongoing, and there is still a possibility of new highs next week. However, be mentally prepared for a likely pattern of initial pressure followed by a pullback to digest market divergences.

Right now, whether you are bearish or bullish, if you want to increase your trading opportunities next week, these 4 reminders are worth taking the time to understand.

**How to View the Market**

To be honest, after yesterday’s close, I experienced rare hesitation. Reaching this position clearly exceeds the scope of conventional technical analysis—this is a resonance of multiple factors such as new policies, industry cycles, and economic transformation.

Since the 12 consecutive bullish days starting this Monday, apart from the unprecedented 99 consecutive bullish days in the last century, there are no other references. Today, although a false bullish line barely maintained 15 consecutive bullish days, we still need a red day in the next trading session to truly confirm this trend.

The key point is that today’s divergence is in the index performance, but the return effect in both markets is even greater than yesterday. Although the number of advancing stocks narrowed to 3,731, it still crushed the 1,595 declining stocks. So the real question is: why is there no obvious divergence between gains and losses? Understanding this can improve market intuition and add more certainty for next week.

**The True Logic Behind Larger Gains Than Losses**

Don’t be fooled by the index; today’s行情 is actually quite strong.

Looking at the mid-term main lines from the end of last year to now, commercial aerospace has not collapsed, controllable nuclear fusion has now become a quasi-main line, and the brain-computer interface short-term main line after the holiday can also decisively rebound. The problem is: under the trend of big科技, the first two are solid foundations, while the latter is purely driven by sentiment. This shows that funds are not scared by yesterday’s divergence and are still tightly focused on main lines for accumulation.

If commercial aerospace funds have not flowed out, but controllable nuclear fusion is accelerating its attack, then the collapsing brain-computer interface cannot rebound. The key detail is that today’s A-shares did not increase volume; instead, they shrank by 55.3 billion, which reveals the market’s strong optimistic expectations.

Funds have used the power of sentiment to turn divergence into consensus. This is not a one-way operation by the main force, but a collective recognition of the big科技方向 by the entire capital. The characteristic of this行情 is that capital moves faster than the index’s rise and fall, so it’s not enough to just look at the index decline; it’s also important to see the precision of capital’s attack and the consistency of sentiment.

Most importantly, when funds are clustered around the main lines and do not disperse, the siphon effect will continue to attract wait-and-see capital into the market. When the leading stocks cannot break through and there is fear of divergence risk, funds will naturally shift to related industries. This is the fundamental reason why today’s index weakened but the two markets still saw more gains than losses.

**Opportunities from the Main Lines**

Looking back at history, whenever the market shows signs of multiple main lines without incremental funds, divergence will soon occur—like horse racing eliminations, only the core track that贯穿科技趋势 will remain. The spilled funds will flow into other industries, seeking the next short-term main line.

Recently, semiconductors and artificial intelligence have both received macro benefits. The former’s benefits include dual-use物项 export controls and the dichlorosilane anti-dumping investigation, which have been fermenting throughout the first half of the year. Key materials like rare earths and carbon fibers are included in dual-use物项, and dichlorosilane is a core material for wafer喷绘, essential for insulating and conductive layers.

Many people don’t realize how fierce these benefits are: Japan accounts for over 30% of the global dichlorosilane market share, over 60% in high-end electronic grade, while China’s dependence on its high-end process exceeds 75%! This wave of controls and anti-dumping directly reshapes the semiconductor supply chain, representing the strongest macro dividend in recent two years, but it takes time to ferment.

Artificial intelligence is even more straightforward—last night, eight departments issued opinions and action plans, directly setting quantitative targets for 2027 to 2028. AI has jumped from the conceptual stage to the implementation stage, with sustained momentum and strong后劲.

Low-altitude economy and humanoid robots are also expected to become new short-term main lines. Under the rapid development of semiconductors and AI, policies continue to catalyze, scene普适化 expectations are already high, and the precise踩中新质生产力的风口.

**Riding the Waves**

Finally, whoever ultimately captures the divergence of the main lines will open new operational space for主力, pushing the index to another level. But next week, without volume增量 logic, the direction remains unchanged, though fluctuations are possible. As mentioned earlier, there will still be new highs next week, but most likely a pattern of first suppressing and then rising to digest divergences.

Looking again at today’s 15 consecutive bullish days, there’s no need to compare with the past—waves of the时代 will wash away旧经验, and new逻辑 will naturally emerge from endogenous动力. Just like the previous prediction of main line divergence, each change echoes economic transformation and产业升级 in the capital market.

Whether this wave of行情 will stop at 15 consecutive bullish days, honestly, does not hinder the long-term慢牛方向. Instead of obsessing over which wave is higher, following the trend and riding the waves is clearly more important.