Repair process. Livermore: 3.27 Review Record

Simply put, today’s market situation. [Taoguba]

The market opened lower today, which brought some panic emotions, but after the opening, the market did not weaken; instead, it rose directly, indicating that the panic has dissipated and the market pressure is gradually disappearing. The quick rise after the early opening and the swift rise after the midday opening actually indicate that the current market position has basically reached near the low point, and the subsequent market will likely start to gradually rebound.

Holding onto positions without a rebound depends on the market’s trending themes, requiring patience for the rotation to appear. Some markets that have already risen to high positions should be cautious of wide fluctuations. Whether Trump will lead to an escalation of conflicts over the weekend is an unpredictable event, and we can only look for ways to respond after it occurs. The good news now is that the flow through the Strait of Hormuz is increasing. However, a complete recovery will still not be possible in the short term.

The A-shares have reached a relatively low position. If the selling pressure weakens here, or if the market cannot drop further, it should continue to look bullish. At the end of the day, there should be news regarding Huawei’s AI chips, and related concepts have directly surged, even hitting the limit up.

The trading volume has still not returned to the level of 2 trillion; this requires the market to have a driving trend. Currently, the power sector, chemical sector, and even the lithium battery sector cannot drive market sentiment. Now, the financial sector’s trend is needed to see a renewed surge in volume to improve market sentiment. This requires patient waiting for the market to first undergo repair.

The atmosphere in March is very poor, and April is likely to welcome a significant rebound.