和讯投顾刘伟奇：A股三大指数齐回调，板块分化加剧，缺口回补概率多大？

Group 1 - The A-share market experienced a significant decline, with over 4,000 stocks falling, and around 260 to 270 stocks dropping more than 5%, indicating a considerable impact [1] - The analysis suggests that the Shanghai Composite Index is likely to form a secondary high point, while the adjustment of small-cap stocks may not end immediately [1][2] - Despite the anticipated adjustments in the majority of sectors, some sectors that have been in decline since early May may not necessarily continue to adjust [1] Group 2 - Small-cap stocks have formed a larger cycle high point structure, and while a short-term rebound may occur, patience is advised for the next opportunity after the adjustment concludes [2] - The Shanghai Composite Index has shown important positions recently, with a notable high point at 3,394, which corresponds to a previous high of 3,417 [2][3] - The analysis indicates that a significant pullback is unlikely, with a small gap identified below 3,324 points, which may serve as a critical level to watch [3]