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Affected by yesterday afternoon's news and the surge of Hong Kong stocks, the Shanghai Composite Index opened higher today, and then gradually fell. The K-line showed a false negative line with high opening and low volume, and closed above the 3-day moving average of 3,409.76. The daily upward trend remains the same.At present, the index is closing near the 5-minute 120 moving average of 3420.86. This round has risen from 3227.36, and the basic callback points are all near this moving average. It is expected that it is possible to test this moving average again tomorrow.But it's really frustrating to walk high and low. The key is to look at the time-sharing chart. In the afternoon, the lower rail of 3413 Brin will continue to descend.

Different from October 8, that time, it opened higher and went lower. First, it rose rapidly for several days in a row. Second, many stocks almost opened at daily limit. Today's high opening and low walking does not mean that the market outlook will be deeply adjusted.At present, the index is closing near the 5-minute 120 moving average of 3420.86. This round has risen from 3227.36, and the basic callback points are all near this moving average. It is expected that it is possible to test this moving average again tomorrow.It is possible to fall below 3403 tomorrow morning, test the support from 3390 to 3381, and then return to running above the 5-minute 120 moving average, continue to expand upwards, and break through the high point in front of 3509.

In particular, stocks that are weak and volatile will fluctuate with the market.Similarly, Beiqi Blue Valley is also in a weak shock state, and the low point that needs to be tested tomorrow is still the previous low of 8.58.It is possible to fall below 3403 tomorrow morning, test the support from 3390 to 3381, and then return to running above the 5-minute 120 moving average, continue to expand upwards, and break through the high point in front of 3509.