3.8 The adjustment will continue for at least nearly a month

Market Overview [Taogu Ba]
Stimulated by external news, the market opened high today and moved higher with oscillations, closing with a bullish candle on reduced volume.
Therefore, the 54C2 wave here is at least an ABC three-wave structure.
Furthermore, once the five-wave of wave C completes, it is highly likely to last for nearly a month.
In the short term, the market will at least challenge the 4126.6 level before choosing to move downward.

Profit Style
Trend Style: 60, no clear preference for profit effect. (Unique Index: 0 means profit effect is concentrated in stocks that have recently had consecutive limit-ups; 100 means profit effect is concentrated in pure trend stocks)

Hot Topics
The market turnover reached about 2.42 trillion yuan, supporting the speculation of 2 to 3 sectors.

1. Today, the electric concept sector showed differentiation. Although Ningbo Construction’s stock hit the daily limit, Seagull Co., Ltd. and Jiangshun Technology rebounded, but Shunnao Co., Ltd. had a high volume break and was halted, and Yunnan Energy Holdings closed lower. Unless the market strongly rises tomorrow, this cycle’s trend is likely nearing its end. Even if there is a rebound tomorrow, participating may not be very meaningful.
2. As discussed in yesterday’s review, due to the electric calculation not falling, there was significant divergence in AI applications today.
3. Communication stocks performed strongly today, with more than ten stocks hitting new highs. As the impact of the US-Iran conflict diminishes, the communication sector within AI hardware may return to its previous upward trend.

Short-term Relay
Unexpectedly, the last to stand out this time was the Sanban group’s Wangli Security, which saw a significant rise in the Sanban group.

Current holdings: 1 position in Shunnao Co., Ltd.