A股继续洗盘,周二开盘请听我一句,不出意外,股市将迎来新一轮调整!
Sou Hu Cai Jing·2025-10-20 17:31

Core Viewpoint - The A-share market experienced a "red-hot index with hidden currents" scenario, where all three major indices rose, but trading volume decreased significantly, indicating a typical signal of market consolidation and potential risks ahead [1][3]. Group 1: Market Performance - On Monday, the Shanghai Composite Index closed at 3863 points, showing a superficial increase of 0.63%, but trading volume fell below 2 trillion yuan for two consecutive days [3]. - Over 4,000 stocks rose, yet the total trading volume shrank to 1.75 trillion yuan, a decrease of 200 billion yuan from the previous day [1]. Group 2: Capital Movement - Main funds quietly withdrew during the rise of technology stocks, highlighting a divergence in market sentiment [3]. - The shift in capital from high-valued technology stocks to undervalued blue-chip stocks indicates a strategy to mitigate risks associated with high valuations in the tech sector [4]. Group 3: Historical Context and Logic - Historical patterns suggest that in a bull market, consolidation often occurs through sector rotation, where main funds attract follow-up buying in tech stocks while selling off shares to invest in lagging sectors [6]. - The current market dynamics align with this historical behavior, characterized by a slight index increase and stock differentiation [6]. Group 4: Retail Investor Sentiment - The broad market increase prompted some investors to seek quick profits, but if the market opens lower and then rises on Tuesday, it could trigger a cycle of short covering, leading to a "sell low, buy high" scenario [7]. - The A-share market is fundamentally a game of human psychology, with main funds exploiting retail investors' short-term anxieties [7].