Core Viewpoint - The market is experiencing a trend of oscillating upward movement, with significant support levels identified and potential for sector rotation, particularly in technology and cyclical stocks [5]. Market Performance - As of the latest trading session, the Shanghai Composite Index is at 3608.58 points, up by 0.75%, the Shenzhen Component Index is at 11134.07 points, up by 0.31%, and the ChiNext Index is at 2327.48 points, up by 0.72% [1][2]. - The total trading volume in the Shanghai and Shenzhen markets reached 1.14 trillion yuan, an increase of 8.7 billion yuan compared to the previous trading day, with over 2000 stocks rising [3]. Sector Analysis - The financial sector is showing strength, while healthcare services and steel sectors are also performing actively. Conversely, sectors such as military equipment restructuring, Hainan Free Trade Zone, and China Shipbuilding are underperforming [2]. Institutional Insights - According to the investment director of Qianhai Bourbon Fund, the market is expected to maintain its upward trend despite potential pullbacks after breaking the 3600 resistance level. Support is seen around the 10 and 20-day moving averages, suggesting a possible one-step adjustment [5]. - Analysts from Dongfang Securities believe that after a period of low-weighted stocks catching up, the market may return to a structural bull market focused on individual stocks rather than indices. They anticipate significant potential for technology stocks to catch up, maintaining market momentum through cyclical and technology sector rotation [5].