Hexun Investment Advisor Xu Xin: Still couldn't withstand the big hand of the underline faction

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Chinese stock investors really have it too hard—they can’t handle what Trump is doing with these candlestick charts at all. Yesterday the market was clearly doing well. Today at the 9:00 a.m. press conference, as soon as the important speech came out, the oil index jumped straight from -2 to red 4. By the lunch closing, it was already up to red 5.38, and it’s still moving higher. The moment the oil index rises, A-shares face pressure—face selling pressure. This morning I already said it: if they raise the oil index and say they want to hit others, won’t market sentiment collapse again? Today there are another 4,220 stocks dropping and adjusting downward. And on top of that, a three-day holiday is coming up soon. This afternoon, pay attention to support around the 5-day line near 3,920 points and around the 10-day line near 3,907 points. If this isn’t the end, there will still be back-and-forth.

Was April 1st yesterday really a joke played on us by April Fools’ Day? Or is it that we’re hoping the war ends sooner, hoping the world can have peace sooner, so everyone can do business in the market in a steady and down-to-earth way? It’s not really a solution to keep drawing candlestick charts like this every day. Still, it was the same point of view as yesterday: at the moment, don’t be heavily invested, don’t be fully invested, and don’t be in a cash position only—be able to go on the offensive and still have a fallback. Don’t try to gamble. Once this news came out this morning, it’s definitely a downside signal. Go ahead and do the anti-T—anti-T, and hold your hands steady.

(责任编辑:张岩 )

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