Bad is always interpreted as good.
I will give people the feeling that I can't fall down before I plummet. For example, in the middle and early months of the whole month, although the stock index can't continue to attack upwards, the decline of the stock index is very resilient. Once it falls, it will return to the high point in a few days. A few days before A shares fell, the stock index only fell slightly, but rose sharply, which made people think it was a bull market, but it was actually just to lure investors into the market.
Any bad news will always be interpreted as good news by the market, whether it is the upcoming science and technology innovation board or the loosening of stock index futures, or the collective reduction of banknotes by major shareholders, or the management's attack on off-exchange fund allocation. These are obviously bad news, but they were reflected as great good news by shareholders at the first time. Once any news is reported, if it is interpreted with a good eye, the stock market crash will not be far away.
The moving average is up, but the technical indicators have broken through the obstacles.
In the face of the stock market decline, investors are not afraid at all. Some people think that the decline is just a shock to wash the dishes, or that adjustment is an opportunity to bargain-hunting. In this way, what to do with investment is to argue about the end of the market as a technical adjustment. Off-exchange retail investors have opened accounts to enter the stock market, and the previous zombie accounts have also resumed trading. At this time, you can feel that although there are a large number of retail accounts in the market, listed companies have begun to reduce their holdings and cash out, so you must realize that the stock market may plummet.
The market is over. Fourth, when the overall market indicators are good, especially in the big bull market, if the market is about to plummet, then you will find that the breakthrough of market technical indicators has been blocked. Although the EMA is developing upward, there are some hidden dangers, which will stimulate people to invest more, but forget the risk of investment.