早盘直击 | 今日行情关注

Core Viewpoint - The current market is in a digestion and consolidation phase after a significant rise in the Shanghai Composite Index from 3040 points in early April to 3888 points in late August, with a total increase of over 800 points [1] Market Analysis - The market is currently consolidating around 3800 points, indicating a strong bullish trend. This consolidation is primarily due to profit-taking from previous gains, which is seen as a positive cycle [1] - The adjustment period has been relatively short, lasting only 2.5 weeks after a 21-week rally, suggesting that further consolidation of one to two weeks may be necessary according to technical analysis and Fibonacci principles [1] - The maximum single-day trading volume previously reached 3.17 trillion yuan, and the ideal state for volume reduction is around half of that. However, recent trading volume has fallen below 2 trillion yuan, indicating that further volume contraction is required for a healthy market [1] Sector Performance - The communication and semiconductor sectors have shown renewed activity after previous fluctuations, leading in terms of gains. In contrast, energy metals and wind/solar sectors experienced a pullback after recent rallies [1] - Short-term market trends are characterized by rotation among sectors, with high-growth technology sectors remaining a focal point for market participants. Traditional industries are receiving less attention compared to technology-driven sectors represented by new productive forces [1] Future Outlook - The short-term outlook suggests continued volume contraction and a stable bullish trend. Given the technical nature of the recent adjustments, once market conditions align with technical repair requirements, a new upward trend is expected to emerge [2]