和讯投顾都业华：两大指数均未现止跌信号，耐心等待市场方向明确

Core Viewpoint - The current market adjustment for both the Shanghai Composite Index and the CSI 500 Index has not yet shown signs of stopping, indicating a need for patience until a clear market direction emerges [1][2] Market Analysis - The adjustment phase is still ongoing, with the market forming a downward center since the peak last Wednesday, and the bearish forces have not been fully released [1] - The end of the adjustment requires either a depletion of bearish forces or a strong bullish intervention, neither of which has been observed yet [1] - The support level can be referenced from the previous downward center; a breach could lead to an expanded adjustment [1] CSI 500 Index Insights - The CSI 500 Index is currently testing a critical technical level, having formed an effective breakout after the May Day holiday but recently retracing to the breakout area [1] - The index is at a "turning point," where a quick rebound confirming the breakout could alleviate short-term risks, while a downward breach could escalate the adjustment level [1] - The potential adjustment risks may also affect mid-cap and small-cap stocks, necessitating a comprehensive assessment of individual stock movements [2]