Group 1 - Short-term sentiment remains active, while mid-term sentiment is diverging; a significant opportunity will arise when short to mid-term sentiment reaches a freezing point, which has not yet occurred [1] - The leading index, the ChiNext Index, appears to have reversed and established a new trend, with trading volume gradually shrinking; the short-term average volume has been below the mid-term average for a month [2] - One of the leading stocks, Victory Technology, has broken below the 50-day moving average and is about to undergo a convex reversal [3] Group 2 - The strength of the banking, insurance, and securities sectors is too weak, remaining under pressure from the 50-day moving average, making sustained upward movement unlikely [3] - The innovative drug sector is also under convex pressure, with occasional rebounds expected to be difficult to sustain [3] - The photovoltaic equipment sector shows a structured expansion in trading volume, with active accumulation at the bottom; the Relative Strength Ratio (RSR) has turned positive, indicating it is worth following [3]

Group 1 - The 10-year U.S. Treasury yield has fallen below the 200-day moving average, currently at 4.35%, marking a decline of approximately 6 basis points and continuing a downward trend for the fourth consecutive trading day [1] - Earlier in the day, the yield also dropped below the 50-day moving average and is approaching the 100-day moving average [1] - Bloomberg data indicates that the closing rates for these three technical indicators last Friday were 4.3584%, 4.4064%, and 4.3388% respectively [1]