Stop decline. Livermore: July 8 review record.

Let me briefly summarize today’s market. [Taoguba]

Over the past two days, the STAR Market hasn’t continued to fall. In fact, this also shows that the tech sector has hit a bottom. Since the decline has halted, there’s no need to worry that the market will keep staying weak afterward. Now should be the time to start selecting opportunities. Some market moves can be handled from a low level—then go for low entries. Some market moves can’t produce a strong rebound—then rotate positions and switch stocks instead of insisting on staying in a weak direction.

Originally, I thought brokerages would start pushing up strongly this morning’s early session, but they still looked weak. So yesterday and this morning were both times that should have been abandoned. If tomorrow they can turn strong, then you can take a look; if they can’t turn strong, then don’t bother watching. In the current setup, the STAR Market rebounds first. After it rebounds, the rest—during this same period—keep falling, and the sectors/themes with larger declines will then show a relatively stronger rebound. So now watch the STAR Market rebound first, then the ChiNext rebound, and only afterward will it come to the main board’s rebound.

The strength of the rebound will determine the direction of market differentiation, as well as whether there will be opportunities to keep buying. At this point, the normal path is to trade sideways for a while. A better outcome is a sequence of rebounds that makes new highs. Let’s just see how the market develops. The risk here isn’t high—just pay more attention to opportunities in the tech space. However, some moves that have already risen too high shouldn’t be picked anymore. When the market pattern shifts, those short-term surges that spiked sharply will all go through a longer period of pullback and consolidation.