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Hexun Investment Advisor Wen Taibin: Will the market go up or down tomorrow?
The market declined as expected today. Will it go up or down tomorrow? According to Tong Taibin, a Huaxun investment advisor, it’s hard to predict tomorrow. First, today formed a doji star, which could indicate either a rise or a fall. Second, until global stock markets stop falling, the A-share market will face pressure to rise. Therefore, for the Shanghai Composite Index, the resistance level tomorrow is around 4120 points, and investors should wait for a shift in focus to buy on dips. Where are the opportunities tomorrow? Most people are mainly waiting for opportunities, while a very few capable individuals may look for short-term buy-on-dip opportunities in ultra-high voltage power grid equipment companies, focusing on short-term trades.