Hexun Investment Advisor Wen Taibin: Over 5,000 stocks turning green! Is it a recovery or a reversal?

The collective rebound of the market—is it a repair rebound or a complete reversal? Hexun investment advisor Wen Taobin analyzes that it is not a reversal, just a rebound. He provides the following reasons: First, the decline from the 4197 point has not ended; all the low-volume increases during the decline are of a rebound nature. Second, today’s market did not gain recognition from major funds; it is merely a game among on-site funds. Third, there are no leading sectors, and no major funds participated in significant increases; the only relatively strong sector is in electricity. Based on these three points, it is judged to be merely a rebound repair, not a reversal. If the market rises tomorrow, one should not blindly chase high prices; if it is a rebound, one should instead reduce positions at high points.