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Hexun Investment Advisor Li Yongxi: Pullback Confirmed, Afternoon Reversal to Red!
On March 12, Hexun Investment Advisor Li Yongxi stated that this morning, I repeatedly reminded everyone not to rush into the market. The current pullback has not been confirmed, and trading volume continues to shrink. Market sentiment is cautious, with a strong atmosphere of waiting on both sides. Entering the market forcefully at this time is risky. The key is to wait for the signal of “volume surge and sell-off”—a surge in volume indicates increased capital activity, and a sell-off often signals the main force’s shakeout or a turning point confirming the bottom. When this signal appears, it usually means the correction has ended and the trend will continue strongly.
In the afternoon, for those already holding stocks, it is recommended to hold patiently, as a moderate rebound is expected today. For outside funds, it is advisable to wait for the moment when shrinking volume turns into expanding volume before entering the market, to avoid chasing highs.
(Editor: Zhao Yanping HF094)
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