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Does the fund look at the market or the index?
The fund is looking at the index

Bao Yang Yin refers to the combination of a negative line and a positive line on the stock chart, in which the left is a negative K line and the right is a positive K line. The opening and closing prices of the positive K line are higher than the opening and closing prices of the negative line, thus forming a positive line covering all the negative lines, so it is called Bao Yang Yin K line form.