Hexun Investment Advisor Fang Rongxia: Testing the Bottom and Rebounding, Where Will It Go Tomorrow?

Will it drop again tomorrow? Fang Rongxia from Hexun Investment believes it will rise tomorrow. Today, on the intraday level, the market hit its lowest point at 4103 and then quickly rebounded, indicating that the main players were clearing out positions during the session. This deep V-shaped dip and rebound is a typical sign that the clearing is about to end. If there was genuine selling, there wouldn’t be enough funds to gamble on tomorrow’s trend by the end of the day. The market closed above the key support level of 4129 points, and today’s sentiment indicator has already bottomed out. With only 1,500 stocks advancing, after the emotional low point, a rebound usually begins. Therefore, my clear view is that today’s correction is not the end of the trend. As long as the trading volume remains stable tomorrow and the technology sector slightly recovers, the blood index will turn upward again.