早盘直击｜今日行情关注

Core Viewpoint - The current market trend remains upward, but short-term uncertainties are increasing due to upcoming events such as the Federal Reserve's meeting and Sino-U.S. discussions, leading to expected volatility in the market [1][2] Market Trends - The main logic behind the current market rally is the breakthrough in the domestic technology industry chain under a low interest rate environment and the rising expectations for economic recovery next year [1] - Recent trading has shown a divergence in the Shanghai and Shenzhen markets, with both indices forming doji candlesticks over two consecutive trading days, indicating a pause in the upward momentum after a significant increase last Thursday [1] Sector Performance - There are signs of a slowdown in previously leading sectors, with market sentiment shifting towards defensive and oversold sectors such as renewable energy and pork, while high-growth sectors like AI hardware, robotics, and semiconductor materials have experienced pullbacks [1] - The phenomenon of "avoiding high and seeking low" indicates a significant divergence in market sentiment, suggesting that when core sectors (currently AI) undergo adjustments, the sustainability of low-position sectors' rebounds is questionable [1] Future Outlook - The market is expected to face increased uncertainty in the latter half of September, with anticipated greater fluctuations in indices [2] - The current shift towards low-position industries is viewed as a transitional phase of short-term adjustment, which is unlikely to be sustained; the leading direction is expected to remain in the major technology sectors once the market stabilizes [2]