Core Viewpoint - The North Exchange's recent performance indicates a potential breakthrough above the 1500-point mark, driven by significant trading volumes during key index movements [1][9][14] Trading Volume Analysis - Historical peaks of the North Exchange 50 Index were accompanied by high trading volumes, with notable instances including a record of 303 billion on November 27, 2023, and 332 billion on October 8, 2024 [1][3] - The index approached new highs with trading volumes of 334 billion on October 18 and 454 billion on October 21, indicating strong market interest [4] - The highest closing price of 1408.9 on November 7, 2024, was supported by a trading volume of 585 billion, while the following day saw a volume of 512 billion [6] Patterns in Trading Volume - Two key patterns were identified: 1. Breaking historical highs requires a corresponding increase in trading volume, although it does not need to exceed previous records [9] 2. Near historical highs, achieving 70-80% of the volume from the last peak is often sufficient for further upward movement [9][12] Recent Trading Dynamics - Recent trading volumes during upward movements have shown a consistent pattern of being 70-80% of previous peak volumes, suggesting potential challenges in breaking new highs [12][14] - The North Exchange 50 Index has experienced consecutive trading volumes that are significantly lower than required for a sustained breakout, indicating a possible decline in momentum [14] Market Sentiment and Future Outlook - The analysis suggests that without substantial new positive catalysts, the North Exchange may struggle to maintain upward momentum and break new highs, as current trading volumes reflect a cautious market sentiment [14]

Group 1 - The article emphasizes the importance of trading volume in the stock market, suggesting that it holds the key to understanding market movements and potential investment opportunities [1][3]. - It describes a common market trap known as the "gathering trap," where prices are artificially inflated before a sell-off, leading to losses for unsuspecting investors [3][4]. - The concept of "volume without price increase" is highlighted, using an example of a leading new energy stock that saw a significant increase in trading volume without a corresponding price rise, indicating that the main players were offloading shares [3][4]. Group 2 - The article introduces the "volume contraction without price drop" as a sign of potential market bottoming, suggesting that when volume decreases while prices stabilize, it may indicate a buying opportunity [3][4]. - It discusses the "high volume surge followed by a drop" phenomenon, likening it to a sprint where initial excitement leads to a subsequent decline, warning investors to be cautious of such patterns [4]. - The article concludes by stating that trading volume should be viewed as a thermometer for the market, advising investors to consider both volume and price movements to make informed decisions [4].

Group 1 - The market showed a tendency to rise after a slight opening decline, with more stocks gaining than losing, indicating bullish control in the short term [2] - Key resistance is noted around the 3300 level, with support at the 10-day moving average; a stable position above 3260 could improve the outlook [2] - The market needs to break above 3300 with sufficient trading volume to confirm a stronger upward trend, while maintaining levels above 3265-3261 is crucial to avoid further declines [2][3] Group 2 - The short-term technical outlook indicates that the market must stay above the life line at 3276 to maintain a bullish stance, with critical zones identified between 3272 and 3307 [3] - A closing above 3287 is acceptable, while a close above 3297 is preferred, and a strong close above 3307 is necessary for bullish momentum [3] - The mid to long-term outlook suggests that the key resistance levels are between 3350-3380 for the weekly chart and 3320-3360 for the monthly chart, with the market needing to stay above the 60-day and 250-day moving averages to avoid bearish conditions [3]