Macroscopically:

1. China's economy will continue to be bullish, and its GDP is expected to be 8.5%- 10% this year. The economic prospects are promising.

2. In the near future, the pressure of RMB appreciation will further increase, and the recent record high RMB exchange rate will cause a large number of foreign hot money to flood into China. At present, domestic investment channels are limited, and I believe most of them will flow into the stock market.

However, prices have risen rapidly recently, CPI. PPI rose rapidly. Domestic interest rates remain unchanged for a long time, and the expectation of raising interest rates is constantly increasing. This is also a very important factor in my recent caution. I expect to raise interest rates in the next three months. Of course, the base point must be 0.27.

In terms of quantity and price:

Due to the expectation of raising interest rates, the transaction volume has decreased compared with the previous period.

As for the price, it will be dominated by shocks. No accidents, no ups and downs. It is expected that the stock market will fluctuate between the 60-day moving average and 2700 points in the future (unless the interest changes).