Although from the appearance, the long cross star seems to be very similar to the ordinary cross star, the upper and lower shadow lines are almost equal, and both sides are evenly matched. The huge amplitude of the long cross shows that the market structure will change and the market trend will change, especially when the long cross appears at high or low prices, which means that the reversal may occur at any time.
The long cross is an important warning signal, indicating that the original trend will change. If it has a long upper shadow line or a long lower shadow line, it means that the possibility of inversion is greater. In addition, when the cross star does not often appear in the market, the sudden appearance of the long cross star is more meaningful.
Extended data:
Research skills of cross star;
First, from the analysis of quantity and energy, it is one of the decisive factors whether the market can rise and evolve into a strong market with certain motivation after the cross star trend appears.
Before and after the formation of the cross star, the quantity can always be moderately enlarged, and the cross star will evolve into a phased bottom shape; If the trading volume cannot be sustained when the cross star trend is formed, it shows that the incremental funds in the market are in a state of doubt and wait-and-see, and it is easy to form a downward relay pattern.
Second, from the analysis of market hotspots, if the hotspots tend to be concentrated and maintain a certain persistence and appeal, it will effectively form the focus characteristics of the hotspot plate, which will make the intervention of incremental funds have a sense of direction, help gather market popularity and funds, and make the market outlook develop healthily, then the cross star will inevitably develop in the direction of the bottom form.
Thirdly, from the market trend analysis, if the stock index is in the trend of repeated shocks and bottoming out, the cross star mostly appears in the form of the bottom of the stage, and investors can participate appropriately. If the stock index is in the cross star formed in the downtrend channel, most of them belong to the downtrend relay form, and investors cannot buy them easily.
Baidu encyclopedia-dragon cross star
Baidu encyclopedia-cross star