Hexun Investment Advisor Quanyingele: Pay Close Attention to Rebounds Next Week

On March 20th, Hexun Investment Advisor Quan Ying’er stated that the Shanghai Composite Index rebounded strongly in the morning, but then sharply declined in the afternoon, even falling to its lowest point at the close. It is clear that the Shanghai Composite Index did not bottom out today, and no additional positions should be added today. Actually, I clearly explained in yesterday’s live broadcast and video that there would be a rebound today, but it is not the bottom or the entry point for adding positions. Friends, please remember this. As for why the market was pushed down at the end of the afternoon, the reason is not hard to understand: on Friday morning, funds were betting on a rebound after the double bottom yesterday, while the afternoon decline was due to concerns about the potential escalation of weekend conflicts. It is evident that the bulls and bears are fiercely contesting. However, friends, good news is coming, and wonderful things are about to happen. Next week, we can closely watch for signals of a bottoming and rebound. As the first person online to predict the top of the Shanghai Composite Index and gold and silver, I warned everyone on March 2nd that a decline cycle was about to begin. Now, I want to say that the decline cycle is nearing its end, and the market will shift to a consolidation phase.

(Edited by Zhao Yanping HF094)

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