Market Overview - The A-share market experienced a significant drop on Friday, with the Shanghai Composite Index currently in a critical phase of its upward trend [1] - Key support levels to watch next week include the 5-day moving average, 3500 points, and 3491 points, with 3491 being the crucial level that should not be breached [1] Technical Analysis - The daily chart indicates that the market is at a critical juncture, with risks outweighing opportunities due to divergence in the current phase [1] - If the 3491 point holds, there may be a chance for a rebound, particularly between Monday afternoon and Tuesday morning [1] - The weekly chart shows no issues, as it is in the fifth wave of an upward trend, with the 5-week moving average remaining intact [2] Sector Focus - Key sectors to monitor include electricity, rare earth permanent magnets, real estate, and securities [2] - The electricity sector is currently at a high point but has potential entry points on Monday due to expected pullbacks [2] - The rare earth permanent magnets sector is also at a high, with anticipated entry points between Monday afternoon and Tuesday following a pullback [2] - The securities and real estate sectors are waiting for pullback opportunities before entering the market [2]

Market Overview - The market experienced a rebound today, with the Shanghai Composite Index facing resistance at 3417 points after the Dragon Boat Festival, followed by three days of narrow fluctuations [1][2] - The key support level at 3365 points has not been breached, indicating that the current downward trend may not have concluded [1][2] - The overall market sentiment remains cautious, with a preference for observation before making further investment decisions [1][2] Technical Analysis - On the 30-minute chart, the market has shown seven upward movements since the low point, suggesting a potential for further gains [1][3] - The focus for tomorrow's opening will be on whether the market can reach 3407 points, which is a critical level to watch [2][3] - The 5-minute chart indicates that the market has not yet established a clear direction, with no definitive buy or sell signals present [2][3] Sector Performance - The ChiNext Index has also been in a state of fluctuation without a clear direction, but there is potential for upward movement [3][4] - The technology sector, particularly communication equipment, saw significant gains today, with a rise of 5% [4] - The rare earth permanent magnet sector experienced a decline of 2.6%, indicating a potential break in support levels [4] Capital Flow - The main capital inflows today were observed in the communication equipment sector (1.3 billion), original equipment manufacturers (1.9 billion), and banks (1.2 billion) [4] - Conversely, significant outflows were noted in the securities sector (1.7 billion), agricultural chemicals (1.5 billion), and IT services (1.3 billion) [4]