3.27 Objective Data Review Post: The spring market of 2026 arrived a bit later than usual.

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Here, I will share my understanding and judgment of the market and useful content every day.**
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$1

Index Data
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Exchange Rate**

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Short-term fluctuations, long-term trends remain unchanged

The US dollar is starting to strengthen, and global risk aversion is rising.

Margin Trading Data

2.59 trillion, with a significant decline.

Index

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Is 3794 the bottom?

It’s hard to say; the standard term here should be called the bottom area.

The market will need to consolidate at the bottom for a while.

It could retest without breaking the previous low, failing the five-wave downward structure.

It could also break and complete a perfect five-wave structure.

This is not something I can decide; it largely depends on geopolitical changes.

Thursday saw a volume decrease and a drop; Friday saw a volume decrease and a rebound.

This indicates that it’s really hard to cut here; most people choose to lie flat and don’t want to move.

Not being able to cut doesn’t mean it can rise.

The A-shares don’t lack money, but off-market funds are unwilling to come in.

So, there remains a high probability of retesting later.

However, whether it retests first or goes for a golden right leg, or fills the gap first,

Both actions will likely happen.

Profit-making Effect Trend
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Strong Repair**

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Single-point strong repair on Friday has no meaning.
The overall trend is still a downward trend.

This can only prove that the short-term structure has changed from retreating to chaotic.

It can be understood that this wave of rebound—note that it’s a rebound—has not ended.

However, this does not constitute a trend reversal.

Consecutive Boards and Space and Risk Preference

Consecutive board echelon

Two nodes have appeared.

The first is the emotional inflection point of the market’s resonance, which is Friday’s four boards.

If we don’t count Xineng Taishan as electricity but as electrical equipment and optical communication,

Then there is no electricity.

This resonance node in the market should give to Ningbo Energy, three boards in four days.

Huadian Liaoning has a broken board, the first board of the day, and the second board echelon on Friday.

Both the first board on Friday and the fifth round of high-low cutting nodes for electricity are supplementary increases.

External forces are stronger than internal forces.

But this is useless; as long as one of the three electric stocks can continue to trend,

The supplementary increase in electricity will continue endlessly.

The trend height this week has given overseas light and domestic electricity.

**
Consecutive Board Pavlov’s Giant Baby Perspective Ranking (This ranking will be updated continuously in the future; don’t ask why it’s named this.)**
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Giant Baby’s Treasures**
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Xineng Taishan, Meinuohua, Xineng Taishan**
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Everything else is garbage.**

Thematic Cycle

The entire first quarter of 2026

Three lines run in parallel.

1. The line of commodity price increases caused by geopolitical crises.

Main rises one, two, three are gold and silver; four is oil; five is chemicals.

When speculating on gold, there is market synergy; later stages are basically controlled by quantifiable rhythms.

2. You are electricity; you are light; you are the only two myths.

You are light.
Light refers to overseas computing power; light modules and optical fibers are collectively referred to as optical communication.

The first-tier light, Yizhongtian, rose too much last year; today’s new highs mean it hasn’t risen.

The second-tier light is represented by Changfei Fiber.

This direction is led by institutions in the trend, quantified to control the rhythm.

In simple terms, it’s about institutions forming a coalition.

3. You are electricity.

The market rises, speculating on technology; the market falls, speculating on bulk commodities.

But the market fluctuates repeatedly up and down.

The overall trend is downward.

Then it should speculate on bulk commodities; however, bulk commodities can’t form market synergy.

So, funds began to speculate on electricity against this backdrop.

Because electricity is both a major energy commodity, amidst the global price increases caused by the issues in the Strait of Hormuz, it’s a certain new energy substitute.

It’s also the cornerstone of technology; the endpoint of computing power is electricity. We will name it, computing-electrical synergy.

Thus, the market formed a synergy around electricity.

However, institutions play with electricity through electrical equipment going offshore, energy storage, and photovoltaics.

The subsequent pure electricity belongs to the emotional coalition, where retail investors and quantifiers are focused on this direction.

The synergy in the first quarter was not obvious due to the disappearance of first-tier retail investors and the online surrender of net inflows.

As of today, these three lines have still not started to collapse or retreat.
The spring market of 2026 has come a bit later than usual.

Bulk Commodities
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Making a show on the surface but doing something else in secret.

Saying they will give you another 10 days.

On this side, they continue to strike.

This time Iran has no credibility; the stock market has no credibility either.

Otherwise, the market in Asia-Pacific on Friday wouldn’t have performed like that with futures.

The key is whether they can quickly finish it over the weekend.

Win it big, and then announce the end before Monday’s opening.

On Monday, just look at Jinniu Chemical.

The structural linkage in this direction isn’t good; it mainly relies on the recognition of futures and news.

The supplementary increase lacks continuity.

Overseas Computing Power

On Friday, US stocks were hammered; Monday’s expectations won’t be too good.

Here, the overseas computing power of A-shares is just a bug.

Ideally, if the market has fallen to this extent.

Shouldn’t the index varieties also fall to this extent?

However, Xinyisheng reached a historical high last week.

Changfei Fiber completed a perfect five-wave structure.

This can be seen as a coalition.

In the four days of the rebound,

The strength in overseas communication business has been consistently good; the strongest was Xineng Taishan with four boards.

This stock is quite controversial; many software programs classify it under electricity.

In fact, it is engaged in power cables and optical fiber cables, without power generation business.

Essentially, it belongs to equipment.

Trend varieties like Changfei Fiber had four upward lines, two of which were the strongest.

Hangdian Co. and Farsen both have optical communication logic.

They belong to a high-position recognition coalition.

Electricity

Starting from YN Energy Holdings,

Low-priced power generation with geographic abbreviations + energy lineage + state-owned enterprises

Has always been the main logic for the dispersive supplementary increases in this direction.

So this direction leans towards an absurd metaphysics of supplementary increase, purely emotional.

As of Friday, the structural integrity in this direction remains healthy.

Two four-phase supplementary increases, high-position stagnation, dare not challenge with 200% anomalies.

Funds began the fifth round of supplementary increases with high-low cutting.

The first and second boards began to gain momentum.

Throughout the four days of the electricity rebound,

The overall strength is the best in sustainability.

If Xineng Taishan is not counted as electricity, then there are no four boards.

Huadian Liaoning has the strongest four upward lines, two of which were limit-ups.

Huadian Energy has three upward lines, two of which were limit-ups.

Low-position Zhongnan Culture has three upward lines, two of which were limit-ups.

Guangxi Energy has four upward lines, two of which were limit-ups.

Ningbo Energy has three upward lines, three of which were limit-ups.

Advanced Themes That Repeatedly Do Not Die Are Detrimental to the Fermentation of New Themes in New Cycles
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Advanced themes that repeatedly do not die fear the batch explosion of low-position themes hitting limit-ups.**

On Friday, two new themes aimed at external power grabbing appeared.
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Innovative medicine and lithium batteries.

In the first two days of the rebound, these two directions were not as strong as the old cycle’s themes.

In the last two days of the rebound, the strength of the old cycle weakened, starting to cut high and low, and they began to strengthen.

Four boards in pharmaceuticals, Meinuohua; four boards in lithium batteries, Rongjie Co.

Individually speaking from a thematic perspective, these are completely different species from the above cycles.
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However, from the logic of innovative medicine going overseas,**
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And regarding the price increases of upstream raw materials for lithium batteries,**
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It still hasn’t escaped the positioning of supplementary themes.**

Lithium batteries are the strongest; they have recognition, strength, central troops, and large arbitrage opportunities.

They are the strongest competitors.

Replaying the Tianji Horse Racing Strategy means using the recognition of the front row core to hit the back row supplementary of the old cycle.

Whether lithium batteries can ferment into a new cycle is uncertain.

We need to experience a differentiation phase and see if the recognition of the front row can continue to expand its height and successfully transition to the second phase,

To assess the quality of this theme.

However, the individual cycle nodes for the outbreaks of pharmaceuticals and lithium batteries are not good.

Oh, the domestically-produced computing power that I’ve been longing for, with no organization to streamline it.

It’s truly frustrating.

Structurally, we are currently running the second wave of domestic computing power.

The first wave is anchored on Huasheng Tiancheng.

The second wave can anchor on Meili Cloud or Aorid, both are fine.

For now, it seems all core varieties finish the main rise in the second phase, and they can’t ferment to the main rise in the third phase.

The third wave still feels like it’s either switching to another stock to complete the five-wave structure,

Or letting the current second wave core reach the main rise in the third phase perfectly first.

It’s hard to say because this area lacks market synergy.

On Friday, the logic for brewing the third wave was the Huawei Ascend industry chain.

The first wave tokens going overseas include computing + electricity + data; funds chose electricity.

The second wave is computing-electric synergy; it really continues to choose electricity.

The third wave, if speculating on Huawei’s Ascend logic, has nothing to do with electricity.

Data Says
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Let me state the conclusion directly.
Data feedback indicates that we look for divergence on Monday.
This actually aligns with the chaotic structure.
The cat one day, the dog the next.
However, this divergence is expected to be intra-day divergence.
The closing state mainly depends on the general market.
Friday was a strong recovery of the profit-making effect at the close, and Monday is normally expected to continue this strong recovery.
But we need to understand how this strong recovery came about.
It was brought about by strong profit-making effects at low positions.
On Monday, low-position varieties are expected to continue consistently.
However, high-position varieties on Friday had a weak recovery, pushed stronger by low-position profit-making effects or stagnation without falling.
So, high positions on Monday have expectations for divergence or recovery.
It depends on who can express their stance.

For those who want to learn data review, look for data input and application for data review.

Let’s summarize what happened today.
Strong stocks’ fantasies┗|｀O′|┛
Core emotional stocks
The ugliest B, none.

Money-losing label

The most A kill

The most handsome guy

None.

Monday’s Prediction

It’s impossible to predict; the key depends on the market.

In the last five days of this week, it will either rise above 4000+
Or fall below 4000+.

A completely neurotic trend.
It still feels like quantitative control; it all depends on the market’s mood.

Validation
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Positive feedback**

YN Energy Holdings

Meinuohua

Rongjie Co.

Negative feedback anchoring

None.
Response

During the chaotic period, you can play, but positions need some control.

This week, only the coalition varieties have shown sustainability.
There are too many lines between themes. This kind of parallel rhythm with multiple lines.

It’s best to focus on one line you like and jump between multiple lines.
The rhythm is particularly good; fewer people eat meat on both sides, more on both sides eat noodles.

In a chaotic period, buying low to profit is much more uncertain for chasing highs.
On Friday, the core recognition on that line was not profitable at the close.

But if you chase, it’s hard to say.
If you recognize that this is a chaotic period, then a consistent continuation on Monday is rather a point to disregard.
What things diverged, and when the divergence is in place again, can be focused on.
Here, the market led by quantification is either doing low buys where the recognition divergence is in place.
For example, YN Energy Holdings on Friday.
Divergence on Wednesday, accelerated divergence on Thursday, so Friday should be the point of divergence exhaustion.
Whether it can rise and how much it can rise is anyone’s guess; anyway, at the point of divergence exhaustion, low buy, no loss or deception.
The same logic applies to Meili Cloud on Friday.
If you want to chase highs, you need to do so with the strongest themes during the day.
This is very subjective. One is whether the window is right.
The other is the positioning of individual stocks.
For example, in Friday’s first half, the strongest in pharmaceuticals was Meinuohua, the most proactive. Doing him was not wrong.
Even if the afternoon half-day tour has poor expectations, it’s still not wrong.
Buying Rongjie Co. on Friday morning was wrong, even if this sector had a full-day tour in the afternoon.
It became an absolute front-row recognition and was just lucky money.
But how good are the expectations and nodes of these two themes really?
Standing on Friday, is it correct to do the supplementary increase in electricity, or is it correct to do the front row of external cutting themes?
At least from the cyclical perspective, doing the supplementary increase of electricity is correct.
So on Monday, will you catch the divergence expectation of lithium batteries in the front row,
Or do you want to do other directions that are fermenting based on news with top-limit stocks?

More, more detailed validation and responses
Are placed in the early morning notes.

For those who want to learn deeply, you can visit the blogger’s homepage.
Below are numerous publicly available articles full of useful content.
Directory of useful content collection (a large number of valuable articles)
https://www.tgb.cn/a/1RHLtZQLAfB
Historical review of emotional cycles: Learning from history can help understand changes. Directory

https://www.tgb.cn/a/1RHLnbweBJA
Video explanation of emotional cycles: This one has been well-received; why don’t you take a look?

https://www.tgb.cn/a/22nLmcWyh3R

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Disclaimer: I’m just recording my operations; there is no compulsion for everyone to follow and buy, so please be cautious. This blog is just a record of my operations.
(Investment carries risk; trade with caution. Plans are always outpaced by changes; everything follows the market.
The content is a personal understanding and record of the market, shared only for personal reference and does not constitute any investment advice. Please trade at your own risk!)

Data review is the most tiring; I spend 1-2 hours manually organizing data every day.

After I organize it, it’s all in my head; there’s no need to write it out; writing is for everyone to see.
So if this post can’t even be pinned or highlighted, I really don’t love writing.
Even if it’s pinned, the input and output are far from proportional; I hope you understand to cherish it.

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Retail investors buy against the trend; villas by the sea segment.