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It's too difficult to play, extremely harsh!
This market probably has no active participants left. After cycling through, all sectors are starting to experience further declines. Quantitative strategies have shifted towards petrochemical sectors to avoid risks and form cliques, but overall, the market remains unusually fragmented. Despite some electric sector coordination, there are no new catalysts to boost sentiment. China State Construction Engineering also performed below expectations, and the market is roughly beginning to see some late-stage rebound. The funds rushing into tech stocks for a rebound are likely to see a final dip, and tomorrow’s focus may still be on chemical sector groupings!
[Taogu Ba]
Once again, hit hard and feeling unwell. Huagong’s pattern is holding steady. In the afternoon, see if the buying point for First Silver can help lift the market a bit!