Gem Is The Key To The Market'S Advance And Retreat.

　　 Gem The index closed down when the gap between Zhou's K line and the 20 day line of August was completely closed, indicating that its rebound might be in the first stage. The end of the main board of Shenzhen and Shanghai indicated that the "self rescue" of the market was a self rescue rebound. From the operational point of view, whether a new change is the key to the emergence of the rebound in the GEM market, and it is more important to adopt a prudent strategy in the short term. However, because the market is still in the market after the setbacks, the radical investors will participate in the right amount, and for prudent investors, it is recommended to see more or less.

On Wednesday, Shenzhen and Shanghai stock index fell sharply under the influence of the 6.63% growth of the gem, both of them fell sharply. From the game index, today's market has pulled up the ICBC, China Construction Bank, Ping An and other index stocks, but with the GEM market has a large number of sell-off, this shows that the recent leading market important indicator - Gem index. index Advance and retreat are very obvious.

From the market trajectory, the gem index in October 20th will fill the gap between the August gap day and the weekly line level. The Shanghai composite index once cut the weekly K-line gap of 3490-3388 regions, the highest point today is 3347 points, and the gap from the 3490 point gap is only 43 points away. At that time, the Shenzhen Cheng Zhi's gap between Zhou and K-line was also able to recover 681 points.

In terms of technical indicators, we can see that Shenzhen Shanghai main board Or the gem index, its short-term KDJ, ASI, EXPMA and other indicators have an overbought situation, indicating that the market adjustment is also reasonable today, but the speed is relatively large, which indicates to some extent that the self rescue track reflected by the rebound is more obvious. In terms of market capacity, the two cities today showed a sharp drop in volume. The total turnover of the two cities in Shenzhen and Shanghai reached 1 trillion and 170 billion, and the short-term high level indicators showed a downward trend at the technical level, but fortunately the rebound trend line was completely broken.

From today's fundamental perspective, it is mainly focused on:

1, data show that in the evening of October 20th, 31 companies disclosed three quarterly reports, of which 14 shareholders appeared in the list of national teams. So far, 139 companies in two cities have disclosed three quarterly reports, and 65 companies have purchased national teams, accounting for 46.8% of the total.

2, according to the foreign exchange trading center, the central parity of RMB against the US dollar in the inter-bank foreign exchange market on Wednesday (October 21st) was set at 6.3473 yuan, a 141 basis point increase over the previous trading day.

3, according to reports: in the afternoon of October 20th, after 104 rounds of intense auction, Gezhouba Dam took 4 billion 950 million yuan, and built 41000 square meters of public rental housing price to win the Fengtai Fengtai fan Jia Village dangerous plot, the premium rate was as high as 50%. In addition, Gezhouba Dam had to build 61 thousand and 800 square meters of "back room". This is also a good start for Beijing's fourth quarter land market.

4, according to information, as of now, the national development and Reform Commission has approved more than 2 trillion yuan of fixed assets investment projects, and spanportation projects account for more than half of the total investment. Li Guoyong, inspector of the basic industry department of the national development and Reform Commission, said earlier that during the "12th Five-Year" period, the investment in China's spanportation industry was expected to reach 13 trillion yuan, 1.6 times the "11th Five-Year" period.