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May 4th - May 8th, Jing Yi Market Summary
Every holiday, the market tends to experience significant fluctuations, and of course, this time is no exception. A review is for better planning; let's revisit together:
Monday, volume surged past the 80k mark, ending several weeks of consolidation, triggering heavy short covering.
Tuesday and Wednesday: Continued strength, surged to around 817, hitting a new high for the year.
Thursday, pulled back from the high, retraced to the 795 range, short-term pause for bulls.
Friday, stabilized near the 80,000 level with sideways movement, consolidating the upward structure.
Overall: initially strong, then stable, with the center of gravity shifting upward. The weekly increase was about 2,000 points, offering good trading opportunities for both bulls and bears.