Hexun Investment Advisor Qi Junqiang: Has the adjustment ended?

On the evening of March 18, Qi Junqiang from Hexun Investment Advisory stated that in the early trading session today, the market declined again with decreased volume, but this is already the second consecutive day of stagnation in the decline. From a technical perspective, this triggered a bottom structure rebound on the 15-minute chart, with the rebound cycle lasting about a day and a half. Over the past two days, the external markets have performed quite well, but the A-shares have noticeably lagged behind. A careful analysis reveals that someone is maliciously shorting.

This Friday is the futures contract delivery day. I sincerely hope that in the next two days, positive energy will strongly drive the market higher, breaking the bears’ momentum. As long as the market volume increases and it breaks above the key levels of 4080 and 4110 points, I believe this round of correction can be declared over. Of course, if these conditions are not met, then continued volatility and bottoming out remain highly likely.

(Edited by: Zhao Yanping HF094)

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