Market Index Analysis - The major A-share indices experienced slight fluctuations, maintaining a volatile trend throughout the week, with most stocks declining and overall market sentiment being low [1] - The Shanghai Composite Index showed significant bullish candlesticks over the past two trading days, but trading volume remained weak, indicating difficulty in sustaining upward momentum [1] - The index is expected to undergo adjustments early next week, likely oscillating above this week's low, forming a small central structure as a pullback after a previous breakout [1] Sci-Tech Innovation 50 Index Analysis - The Sci-Tech Innovation 50 Index opened lower and then retreated, with a small body and long upper shadow in the daily candlestick, signaling a clear adjustment [2] - Despite a notable increase in the previous day, the lack of sufficient trading volume suggests that further adjustments are likely next week, primarily around this week's low [2] - The ongoing adjustments are seen as a process of building a medium-sized central structure on the daily level, aimed at digesting the pressure from historical high points to lay a solid foundation for future upward trends [2]

Group 1 - The A-share market experienced a significant increase on the first trading day after the holiday, with most stocks rising and a notable divergence in performance, as evidenced by 18 stocks hitting the limit down [1] - The analysis focuses on the Shanghai 50 Index and the ChiNext Index, with further examination of the Shanghai Index and the Sci-Tech Innovation 50 Index planned for later [2] - The Shanghai 50 Index opened high and filled a gap, resulting in a long lower shadow on the daily candlestick, indicating a minor risk that needs to be resolved by a strong performance today [5] Group 2 - The ChiNext Index showed strong performance after a slight pullback following a peak, currently facing significant resistance at previous high levels, making its hesitant movement normal [6] - The overall trend for the A-share market remains upward as long as there are no significant declines in the major indices, suggesting that structural market conditions will continue to present opportunities for individual stocks [7] - The analysis emphasizes the importance of trend trading to achieve stable wave profits, with structural breakouts followed by pullbacks serving as entry points for investments [7]

Market Overview - A-shares opened significantly higher on Wednesday morning due to positive news, with most stocks rising and high market sentiment observed [1] - The A-share market experienced a high open but subsequently declined [1] Index Analysis Shanghai Composite Index - The Shanghai 50 Index showed a clear high opening trend influenced by favorable news, but faced significant pressure due to a dense area of trapped capital, making a direct breakthrough unlikely without substantial volume [4] - The early morning trading indicated insufficient volume, and the index had already shown signs of adjustment the previous day, suggesting a high probability of further adjustments in the near term [4] - The first hour of the morning session saw five effective upward cycles, indicating a potential turning point, leading to expectations of a volatile adjustment in the afternoon [4] ChiNext Index - The ChiNext Index also opened significantly higher, reaching the upper limit of a previous gap, indicating substantial pressure for adjustment [8] - The daily moving averages showed a downward trend, with a significant divergence from the 60-day and half-year moving averages, complicating the adjustment process [8] - The first hour of the morning session recorded nine effective upward cycles, with the second hour marking a potential turning point, suggesting a likely volatile adjustment in the afternoon [8] Conclusion - The current A-share market is characterized by structural opportunities for individual stocks as long as the overall market does not experience a significant decline, emphasizing the importance of correct trend trading to avoid prolonged losses [9] - A systematic approach to trading, focusing on K-line analysis, patterns, and central structures, can help accurately capture price fluctuations and identify entry points during structural pullbacks [9]