cryptocurrency medium- Top Top stories

Many people must be disappointed with the trend today and Tuesday. It opened a lot higher in the morning and closed at noon. Can the A-share market still rise?The first high point after the previous decline was at 3400 points, the second high point was at 3500 points, and the rising trend line was above 3550 points.After the close, 2,940 stocks rose, with a turnover of 2,228.338 billion, the number of ups and downs stopped at 119:6, and the turnover was 566.736 billion. The stock market closed in the case of heavy volume, an increase in the number of daily limit stocks, and the number of rising stocks was still dominant.

According to statistics, after the surge at the end of September, up to now, there are nearly 4900 stocks that have risen by more than 10%. If calculated in October, there are 2,707 stocks that have risen by more than 10%. In addition, 4,059 stocks have risen since October.Phenomenon 2, the Shanghai Composite Index has not fallen below the 5-day moving average today, indicating that the trend is still rising. Look at the 60-minute trend chart of the Shanghai Composite Index above. After A shares fell at 3674 points in October, the first low point was at 3150 points, the second low point was at 3227 points, and the downward trend line of the two low points was at 3350 points.To sum up, the rise of the stock market this time is not over yet. Although there are signs of adjustment in the short-term trend, it will not change the upward trend of A shares.

Many people must be disappointed with the trend today and Tuesday. It opened a lot higher in the morning and closed at noon. Can the A-share market still rise?Although it is likely to make the short-term surge, long and short will continue to compete for direction tomorrow. However, when the turnover reached the longest record in history, A-shares fell behind, and will still rise back at an accelerated pace.The reason is that the overall trend of the stock market is that it does not support accelerating the rise, and there is selling pressure when it rises too fast. Since the decline in October, it has rushed back after sideways, and every time it accelerates, it accelerates the decline the next day. It shows that A shares are still in the market of washing dishes. Before the washing dishes are over, today's surge will not continue to climb.