ShouChuang Futures: The major index temporarily holds the 3800 support level; short-term stock indices are still affected by geopolitical risks.

robot
Abstract generation in progress

A-shares show a divergence between large and small indices. The Shanghai Composite Index rose nearly 1%, but slightly pulled back in the afternoon. Overall, individual stocks are showing a rebound trend, with over 4,500 stocks rising. The escalation of Middle East conflicts has triggered inflationary fears, and the Federal Reserve’s high interest rates are suppressing global risk appetite. Northbound funds have flowed out significantly, raising concerns about margin calls and forced liquidations. Market confidence in on-market funds is lacking, leading to exits at highs, and in a stock game of existing positions, new capital entry is slow. In the short term, stock indices remain affected by geopolitical risks. Additionally, previously high-flying IC and IM stocks have retraced and broken down. Considering the 3,800 support level of the main index, the downside space is limited. It is recommended to buy on dips. (First Capital Futures)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin