早盘直击｜今日行情关注

Group 1 - The core viewpoint of the article highlights that geopolitical events in the Middle East have impacted global risk assets, while the A-share market has shown relative stability [1] - The A-share market experienced adjustments, but the extent and duration were limited, indicating its resilience [1] - Policy expectations, particularly regarding expanding domestic demand and further reforms, are key drivers for the spring market [1] Group 2 - The market experienced fluctuations last week, with an increase in average daily trading volume to approximately 26,000 billion yuan, which is higher than the previous week [1] - The Shanghai Composite Index found support above the 60-day moving average and closed near the 5-day moving average, while the Shenzhen Component Index had a larger pullback but also found support [1] - The market's focus was primarily on upstream resource sectors, with the normalized ratio of the CSI 2000 to the CSI 300 falling to 1.50, indicating a slight decline from the previous week [1] Group 3 - The Shanghai Composite Index reached a new high before quickly adjusting, indicating a return to a box consolidation pattern [1] - The current market environment is characterized by box oscillation and structural trends, with notable sector differentiation and industry rotation [1] - Short-term attention should be given to the technical resistance at previous highs and whether the index can regain and stabilize above the 5-day moving average [1]