The three major stock indexes opened lower and moved lower, and the Shanghai index fell more than 2%, approaching the 3,200-point mark again – yqqlm

On March 11, the stock indexes of the two cities opened lower across the board and fluctuated all the way down. As of press time, the Shanghai Composite Index fell more than 2% to 3224 points, the Shenzhen Component Index fell 2.48%, and the ChiNext Index fell 2.55%. In terms of sectors, sectors such as tourism, hotels and catering, petroleum, and construction were among the top losers, while sectors such as semiconductors, electricity, insurance, building materials, nonferrous metals, and securities companies all declined.

Guosheng Securities pointed out that the recent market may be similar to the trend at the end of July last year. It is a short-term rapid decline in heavy volume, leaving a long lower shadow line, and then bottoming out and rebounding. In this position, it is impossible to shrink the volume and fall, and the heavy volume decline will panic after the market. There is a chance to see a turnaround. GEM refers to the end of the five-wave adjustment in the downward channel. The current market decline is mainly due to international conflicts, inflation expectations, and more emotional venting; the government is determined to grow steadily, and monetary and credit policies will remain moderate in the future. At present, the Shanghai Composite Index is around 3300 points, and the corresponding PE is only 12 times. The valuation advantage is very obvious. From a rational point of view, the actual negative is limited. The gap formed on Thursday needs to be filled, and the ChiNext index is also suppressed by the 60-minute MA20 moving average. It is recommended to pay attention to position control, focus on the strength of market pullback in the short term, and pay attention to the major infrastructure sectors related to the main line of stable growth, photovoltaics , green power and other track repair opportunities, and short-term active new crown drug concepts.

Everbright Securities said that after the “deep V” bottomed out and rebounded, from a technical point of view, the short-term market bottom may have been proven. In the next few trading days, we need to pay attention to the taking-back pressure of bottom-hunting funds. The long lower shadow of the index on Wednesday will form a strong support, and the market outlook can be cautiously optimistic. In terms of strategy, the rebounding pioneers are still hot sectors in the early stage, such as East and West calculations, new crown special drugs, construction projects, etc. Therefore, the main direction of long-term market outlook is to continue to diverge around these points, and you can pay close attention to low-suction opportunities.