In fact, there is a huge deviation here. Because there are huge differences in sample preparation and preparation methods between Dow Jones index and Shanghai Stock Exchange index, it is impossible to make a simple comparison between them. It is not a case that Shanghai and Shenzhen stock markets have risen several times or even ten times in the past three years.
The correlation between U.S. stocks and A-shares in today's theme statement refers to the state of the whole market. When the market is in a long position, it is not easy to be detected, but when the market is in a short position or a bear market, the correlation is often amplified by market sentiment.
In today's world, global economic integration, this stock market phenomenon will become more and more obvious. Therefore, when US stocks turn short, it will also have a negative impact on A shares.
Last night, US stocks plunged again, once breaking the frozen level for more than a year (around 33,700 points). The daily K-line supply-demand relationship-volume-price relationship presents a large number of small-scale spring characteristics K, which rebounded in the short term. The long-term trend fell below the 250-day long-term moving average for the first time, and the long-term trend is not optimistic. See Dow Jones trend chart.
Affected by the Dow Jones crash last night, there was almost no resistance for A-shares all day today, and the closing point was close to the downward track of the upward channel after June 2020. The rebound in the next few days is a high probability. The key is to pay attention to two important tracking observation points in the rebound process:
1. Whether the multi-party demand is large enough during the rebound is measured by the 10 moving average.
Two. Can the 3500-point shift sensitive position pass up and stand firm in a short time?
Satisfy the above two points, market confidence will soon recover, otherwise, the medium and long-term trend of 30f level is difficult to be optimistic.