At present, the overall trend is still a sideways shock.In fact, the current GEM index is in the middle of the sideways, and it still runs in the sideways. However, after the seasonal line moves, the bottom of the sideways is also raised, which leads to the next GEM. The closer it is to the bottom of the sideways.The index is basically approaching the 900 line in a very slow way, that is, approaching the top of the sideways. However, it is very interesting that the current trend of the GEM index and the quarterly line below have actually formed a parallel state.
On the other hand, if you look at the Growth Enterprise Market Index, you will find a phenomenon. Although the Growth Enterprise Market Index has been rising for more than ten trading days, the increase rate is very weak. The data shows that the Growth Enterprise Market has increased by less than 4% in the last 15 trading days.In fact, the current GEM index is in the middle of the sideways, and it still runs in the sideways. However, after the seasonal line moves, the bottom of the sideways is also raised, which leads to the next GEM. The closer it is to the bottom of the sideways.
This position corresponds to the top of the sideways, and it is also the top of the heavy volume. There are already two tops near here in front, which will form a consistent selling pressure. Therefore, there is no way to reverse the Yinxian line in the short term, and it is very difficult to think about it later.However, it also shows that today's A-share market is indeed very weak.At present, the seasonal line is also in a state of upward movement. Today, it is moving further in intraday trading. At present, it is not far from the location of the GEM. If the GEM is further smashed, it may touch the seasonal line.