Today, the A50 futures index continued to fall, approaching the closing of A shares, and its decline was close to 4%, which was almost 90% of the total increase yesterday. It was precisely because of the continuous decline of the index that the A-share market also surged back today, and it was heavy, which basically confirmed that November 8 was the second highest point of the 924 market, and today's 3494 point was the third highest point. Technically speaking, today was a counter-draw to 3509 points, with a sharp correction at the end of the session.Today's A-share rise is the compensatory trend of A50 futures index. Today's A50 futures index plummets, and tomorrow's A-share market will have a compensatory decline trend. We can observe the support level around 3380. If this position is supported, the market will be a slow decline trend. If it is not supported, it will be a rapid decline trend.Let's take a look at the A-share 924 market. Since then, there have been four gaps below the A-share market, which have not been covered. This makes some people say that gap theory is invalid and does not adapt to A-shares, which means that A-shares are invincible in the world, and the technical rules of the stock market that have existed for a hundred years are useless in A-shares, which shows that A-shares are strong. I think this is arrogance.
Third, A shares entered a new stage and began to turn downward.A shares: The market is very clear, and the market will enter a new stage. Will it rise or fall tomorrow?
First, today's gap, like the gap on October 8, can never be left. A shares have begun to turn around and the market has entered a new stage.Gap theory has not failed, but the current trend of A-shares is no longer a normal market behavior. It creates a rise for the sake of rising, and there is no market to create a market, in order to let more retail investors enter the market.Second, according to the normal market trend, it should be noted here that it is normal, not artificial. On October 18th, the A-share market should fill the gap on September 30th. Why didn't it?