Market understanding for March 26 and outlook for March 27 trading

StrawberryIce · 2026-03-26T22:22:47+00:00

The three major indices fell sharply, with total market turnover shrinking to 19,570 billion yuan. The number of advancing and declining stocks is unbalanced, and the electric power sector suffered significant losses. Although a short-term rebound is possible, market bullishness remains weak, so caution is advised. I personally remain on the sidelines and will monitor the future trend of the electric power sector.

StrawberryIce

2026-03-26 22:22:47

Abstract generation in progress

Data Record: [Taogu Ba]

The three major indices closed sharply lower, with market turnover shrinking to 240 billion, totaling 19,570 billion.
Number of advancing and declining stocks: Advancing: 916, Declining: 4,493.
Today’s limit-up stocks: 39, with a 32% board-breaking rate; limit-down stocks: 8.

Recent Hot Sectors:
Electric Power: Excluding China Power LiaoNeng and the diverging China Electric Power Energy, most electric power stocks suffered significant losses today. There may be some funds attempting a bottom-fishing correction tomorrow, but the willingness to buy is weak, and many large-cap stocks released losses at the close yesterday, except for China Power LiaoNeng which exceeded expectations. Today’s large losses make a strong correction difficult. Therefore, if there is a correction point tomorrow, the quality of the rebound should not be overly optimistic. China Power LiaoNeng’s stock was halted at the close today; if it can open deep in the water tomorrow, it could be attractive to outside funds. Otherwise, if it doesn’t halt today, with Friday and a high open tomorrow, outside funds might enter, but they will also worry about suspensions. Unless traders aiming for a mid-to-low rebound in continuous boards want to test regulatory limits, there’s no reason for outside funds to enter tomorrow.

Personal Trading:
Sold yesterday’s T-based JinNiu Chemical at the open after a rise. Currently holding no stocks.

Personal Future Thoughts:
Overall, I am still watching the trend of the electric power sector after the secondary bottom. However, the likelihood of a direct move into resonance after the second bottom is low; it’s more likely to be a rotation market. Still, I should add electric power stocks with high recognition to my watchlist. Since I believe the electric power sector still has a chance to form a main trend, if these stocks fall, I can consider a rebound from oversold conditions.

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