Hexun Investment Advisor Wen Taibin: Open low and rise higher. What is the outlook for next week's market?

Today, the A-share market has rebounded from the bottom; will it rise or fall next week?

Hexun investment advisor Wen Taobin stated that the rebound is still in view. Of course, 90% of retail investors do not understand the current operational strategy. Old Wen tells you in the end, why the rebound is expected? The first point is that the capital payment has fallen below 2 trillion for two consecutive days and is still shrinking today. Large funds still do not recognize the current market capital game. The focus of the market today is clearly on batteries, lithium mines, pharmaceuticals, energy, metals, rebalancing, and stock switching.

Secondly, from a technical perspective, we are still in the adjustment phase of the large fourth wave, currently undergoing a b-wave rebound. The pressure point is the previous key level of 4000 points that was breached. Therefore, next week, the Shanghai Composite Index’s fluctuation range will be 3800 to 4000 points. Remember, rebound markets are prone to pressure; be bold to buy on dips and sell on highs. Never chase high prices, and pay more attention to varieties that stop falling after adjustments.

(Responsible editor: Shao Xiaohui)

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