Group 1 - The core viewpoint is that the recent market volume increase indicates the entry of counterparty funds, suggesting a potential short-term pullback by the main funds before further upward movement to new highs [1] - The market experienced a volume decrease today, indicating that selling pressure is not significant, and large declines are unlikely, suggesting investors should not panic [1] - The ChiNext 50 index reached a peak with maximum trading volume, indicating that despite a pullback, it is expected to continue rising to new highs [1] Group 2 - The current market is in a "volatile upward mode," which is generally more favorable than a "one-sided upward mode," as it allows for better digestion of profit-taking and trapped positions [2] - For medium to long-term positions, it is advisable to hold due to low cost bases, while short-term trading may be challenging due to volatility [2] - Two support levels are identified at 3350 points and 3300 points, with 3300 points being more significant as it represents a platform for main fund accumulation [2]

（原标题：和讯投顾韩东峰：大盘3400点遇阻回落，下方支撑3300点附近，消费龙头轮番涨） 现在给大家一个思路，啊呈现的我们一直说看好是保险银行啊和一些大盘股这些第二个思路呢就是要看 好各个行业的代表性公司已经去港股h股来发行了，那么这些品种啊融到资以后，或许能够在接下来市 场竞争当中能够更胜一筹，注意进去跟踪一下。那么第三个方面呢就是我们盯住政策方面和数据方面有 利的部分，比如前两天跟他说有色金属及线材，今天有一个就打板了，那么这些数据我们要值得进一步 的关注，其他的话还是以耐心为主，不要着急。 昨天刚刚站上了3400点，今天又失守了，和讯投顾韩东峰分析，好多人担心会不会回落到3300点附近， 那即便是回到3300点附近，一共才几十个点过去经历过，这种上百点是几百点的震荡都没有受到惊吓， 这一点回调又怕什么？呢现在看啊30条均线，还有包括缺口120均线都在这个附近，所以回落完这个附 近之后呢仍然还是个震荡区间，维持咱们月初的判断，3300~3400之间震荡而已。那么昨天为什么冲高 完了以后今天就回落了，呢接下来会不会继续上攻？我认为在这个位置的话，大方向还是以震荡为主， 啊太急的上涨需要一个给力的证券板块发 ...

Group 1 - The market is currently experiencing a trend structure with a significant focus on the index levels, particularly the movement from 3040 to 3417, indicating a potential upward trend [1][2] - The recent high of 3417 is seen as a critical point, with a 2:1 ratio relationship established between the previous highs and the current levels, suggesting a calculated approach to market movements [1] - A potential support level is identified at 3368, while 3394 serves as a resistance level, indicating key points for market analysis in the near term [2] Group 2 - The market's ability to maintain strength above the support level of 3368 is crucial for continued upward momentum, with the possibility of further extensions in the trend if this level holds [2] - The analysis suggests that if a reversal structure occurs, it could lead to significant market movements in the following week, highlighting the importance of monitoring short-term trends [2] - The current state of the market is characterized by a cautious optimism, with the potential for further gains if the index does not weaken significantly [2]

Market Overview - The market has shown a slight contraction in trading volume compared to the previous day, indicating a potential shift in investor sentiment [1] - Market sentiment often diverges from actual market movements, leading to fluctuations in stock prices despite overall trends [1][2] Sector Performance - Various sectors such as military, banking, solar energy, technology, logistics, ports, and pharmaceuticals have experienced alternating periods of growth and decline, lacking sustained momentum [2] - Despite the lack of continuous upward movement, most stocks have not reached new lows, suggesting a gradual upward trend in the market [2] Trading Strategy - Investors are advised to remain patient and avoid emotional reactions to market fluctuations, focusing instead on a calm investment approach [2] - The current market trend has persisted for over 20 trading days, with the index maintaining its position above the 5-day moving average, despite minor pullbacks [3] - Caution is advised if the index breaks below the 5-day moving average, as this could indicate a longer adjustment period or potential end of the current market rally [3] Sector Opportunities - Attention should be given to sectors that have recently corrected, such as military and technology, to assess potential rebound opportunities [3] - Continuous monitoring of banking, ports, pharmaceuticals, and chemical sectors is essential to identify further upward potential [3]

2025.05. 15 作者 | 第一财经 截至午间收盘，沪指跌0.42%，深成指跌1.12%，创业板指跌1.35%。 港口航运板块延续强势，美容护理、宠物经济、合成生物、玉米、乳业等涨幅居前，华为盘古、华为 昇腾、华为欧拉、软件开发、数字货币等板块走低。 推荐阅读 个股跌多涨少，全市场超3600只个股下跌。 "降低30%至80%"，特朗普突然宣布降价！ | 全A | | 涨 1612 | 平 192 | 跌 3607 A股成? | | --- | --- | --- | --- | --- | | 序号 代码 | | 名称 | 现价 | 涨跌 涨跌幅 | | T | 000001 | 上证指数 | 3389.75 | -14.19 -0.42% | | 2 | 399001 | 深证成指 | 10238.63 | -115.59 -1.12% | | 3 | | 899050 北证50 | 1428.73 | 7.80 0.55% | | 4 | | 881001 万得全A | 5128.28 | -39.92 -0.77% | | 5 | | 000688 科创50 | 1003.00 | -10.78 ...

第一，央行释放流动性利好，北向资金午后加速流入，且美联储降息预期升温，虽冲高回落，但是大家 都知道在这个位置有很多套牢盘，主力想要做拉升，只能不断洗盘拿筹码。所以大盘行情目前只是冰山 一角，回落就是倒车接人的机会，接下来指数还将继续上涨，因为5日线附近就是强支撑，有任何靠近5 日线的动作都会被主力拉起，主力的做多意图指数不会轻易调整。第二就是今天上涨的都是大金融，比 如说保险券商为什么要涨这些？因为指数在这个位置想要突破，必须要券商发力，作为牛市旗手，如果 说关键时刻都不发力，那么最终就会导致大家处于观望，那么突破就会竹篮打水一场空。第三，现阶段 正是涨指数不涨个股的阶段，需要大家谨慎对待，因为主力可能会随时挖坑，而目的就是为了逼迫大家 交出手中的筹码。所以接下来等大科技带动市场人气氛围后，个股就会上涨，主线题材也将浮出水面。 A股冲到3417点，明天周四还能继续突进吗？和讯投顾唐梓耿分析，今天大盘一度大涨40个点，随后又 回到3400点支撑上方，这背后一定不简单，A股的主升行情要来了吗？周四大盘是高举高达一举突破 3500点，还是大资金最后的挣扎诱导散户再来一波持续阴跌？呢值得注意的是午后那一波的冲高回落暗 ...

Group 1 - The market faced resistance in the 3364-3394 range, indicating a potential short-term adjustment if trading volume does not increase [2][3] - The index closed at 3372, showing a slight bullish control despite a majority of individual stocks declining [2] - The market remains in a consolidation phase between 3364-3394 and 3327-3317, with a need to maintain above 3347-3337 for bullish sentiment [2] Group 2 - The short-term technical outlook indicates that the critical support level is around 3337, with bullish sentiment only if the index remains above this level [3] - Key resistance levels for the market are identified at 3382, 3394, and 3401, while support levels are at 3364, 3353, and 3340 [4] - The mid to long-term outlook suggests that maintaining above the 60-day moving average is essential to sustain a bullish market, while staying above the 250-day moving average is necessary to avoid a return to a bearish market [4]

早盘高开，已见向上之意，未见向下之意。个股跌多涨少。早盘分型定式大盘和创指均为收阴（午后见盘中新高才会被扭转）。 前一交易日收评：冲击3364-3394压力区遇阻回落，一旦量能不济短调随时会来 午后看点：大盘收上3362可接受，收上3372为好，收上3386为强，至少要收上3355才行。 中长期态势：5月份周级别强弱分水岭在3280－3320，月级别强弱分水岭在3300－3350。运行在60日线上才能保持牛市开启状态，运行在250日 线上才能避免重回熊市。 前一交易日收盘点评"今天高开留下分时缺口，冲击3364-3394压力区遇阻回落，大的格局没有改变。一旦量能不济短调随时会来，冲击3364上 方适当防守应无大错。3327-3317一带已不容再失"。早盘大幅高开，留下分时缺口，是想走强可有无力走强之态，3386大概率已是今天高点， 没有量能推动再涨已很难，今天若收在3360之下，很可能就是调整之相了。午后，在3358-3364之上才行，在3367-3372之上才好，冲击3375- 3394才强，不宜跌下3353-3349，不可失守3344-3335。操作上，不失3327-3317一带就看多做多，无力突破336 ...

□本报记者 杨凌 赵同增 刚过立夏，郑州航空港经济综合实验区已处处"热情似火"。 "我们将继续全力推进项目建设，扎实做好项目谋划，着力扩大基础设施投资，推动一批重点项目开 工，加快在建重大项目进度，推动招商项目落地转化，让项目建设成为全区发展的有力'引擎'。"该负 责人表示，郑州航空港将以高度的责任感和使命感，全力以赴做好二季度各项工作，确保实现"双过 半"，加快打造全省经济高质量发展新的核心增长极，为奋力谱写中国式现代化河南篇章作出新的贡 献。 "我区经济运行稳中有忧。"郑州航空港区党工委主要负责人说，航空港外贸依存度明显高于全省、全 国，属于典型的外向型经济，而目前国际经贸形势复杂严峻，外部不确定性因素增多，给港区经济社会 发展带来新的挑战。 如何确保"双过半"？该负责人表示，郑州航空港要坚定必胜信心、正视困难挑战，在稳固工业大盘的同 时，继续做好外贸文章，坚决扛稳"挑大梁"的政治责任。 工业是经济运行"压舱石"，一季度工业对郑州航空港经济增长贡献率为67.1%。二季度，该区将全力做 好重点企业生产保障，加快电子信息产业产能导入，加快新能源汽车研发中心、储能电池等"3+3"新事 业项目实施，加快拓展本地配 ...

Core Insights - The article highlights the positive developments in the US-China economic talks, which have led to significant consensus and optimistic signals for the market [3] - The dividend season in the A-share market typically occurs from May to July, with a historical probability of over 60% for the dividend index to rise in May [3] - The decline in bond market yields has resulted in a new high for the dividend index's earnings yield premium (ERP), indicating strong short-term absolute return potential and stable long-term returns [3] Market Performance - The Dividend ETF for State-Owned Enterprises (530880) increased by 0.20%, with notable gains in component stocks such as COSCO Shipping Holdings (601919) up by 1.94%, Xiamen International Trade (600755) up by 1.91%, and Bank of Communications (601328) up by 1.60% [3] - The banking sector in the A-share market has been reaching historical highs, with the dividend sector performing well due to policy-driven incremental capital inflows [3] Policy Impact - The recent expansion of insurance capital market pilot programs by the Financial Regulatory Bureau is expected to channel an additional 600 to 800 billion yuan into high-dividend assets over the next three years [3] - This policy is anticipated to provide long-term benefits to the fundamentals of large-cap value, dividend, and state-owned enterprise sectors [3] Index Composition - The Dividend ETF for State-Owned Enterprises closely tracks the Shanghai Stock Exchange State-Owned Enterprises Dividend Index, which includes 30 securities with high cash dividend yields, stable dividends, and significant scale and liquidity [3]