Core Viewpoint - The Shanghai Composite Index has reached 4018.60 points, but it is expected to experience fluctuations around the 4000-point mark without a strong upward momentum [1][2]. Technical Analysis - The index remains within a trading range and has not yet broken the previous high of 4025.70 points, requiring confirmation over the next two trading days to validate any breakout [2]. - A significant resistance level at 4025 points may lead to a potential pullback if not surpassed [2]. Market Dynamics - The rise in the index was supported by brokerage firms and banks, indicating a lack of genuine bullish sentiment [2]. - The Hong Kong Hang Seng Index's performance also contributed to the upward movement of the Shanghai Composite Index [2]. Sector Performance - The ChiNext Index fell by 0.92%, highlighting a divergence in market sentiment, with high-tech stocks experiencing a pullback while low-valued consumer stocks saw a rebound [2]. - Notable gains in the liquor sector, with stocks like Shede Liquor and JiuGui Liquor hitting the daily limit, suggest a rotation of existing capital towards underperforming sectors [2]. Trading Volume and Future Outlook - Today's trading volume increased to 1.74 trillion, but the total remains at 2.19 trillion, indicating insufficient capital to sustain a move above 4000 points [3]. - A volume increase to 2.5 trillion and a stabilization of technology stocks are necessary for a sustained breakout above 4000 points [3]. - The current market environment is characterized by stock rotation and opportunities in undervalued stocks, with a focus on individual stock selection rather than index movements [3].
这次能站稳4000点吗?
Sou Hu Cai Jing·2025-11-10 12:45