Monday, December 19, 2011

The market is approaching the end of the third nbsp; index reversal less likely

According to zhiqian market of run law view, Shanghai composite index 998 points and 1664 points, important history bottom regional of appeared often has will experience four a bottom: first appeared of is valuations bottom, second is policy end, third is market end, last is economic end. from its inherent logic view, dang market expected began pessimistic of when, giving listed company of performance growth expected often will comparison low, while as pessimistic expected of constantly deteriorated, listed company of valuations level also will is more low. currently Bank, and Property, weights plate of valuations has insufficient 10 times times, part a unit even more low, its valuations level has is history minimum bit, we think market of valuations end has appeared. zhihou, as index of continuous fell, management layer began introduced related good policy, policy end with of appeared, but policy end often only will caused short of rebound, and does not changed market originally of run law. we think, current index is gradually close to city
End of field. Finally there is the economic bottom, this is often used as a last confirmation signal of the end of the market in early, this will normally be at the bottom than slightly higher by the end of the market., after all, as a barometer of the economy, the stock market tends to reflect the trend of the economy in advance, naturally also appears at the end of the market as early as at the end of the economy. Market continuous adjustment of momentum finally in Shang Friday to changed, two cities index are stop Yu six even yin. short view, most plate especially junior and venture plate in the of more number a unit in experience has continuous fell Hou, panic emotions reached high, technology indicators also rendering out serious of Super sold phenomenon; also, under gap theory, from this round began Yu on November 4 huzhi 2,536 points yilai of adjustment view, has respectively in on November 18, and on December 13 and on December 15 appeared has three a jump empty gap, Short after the third failure of gaps appear or will usher in a rebound in oversold. in connection with the huzhi form of Yin-Yang appears on Friday,

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