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Affected by yesterday afternoon's news and the surge of Hong Kong stocks, the Shanghai Composite Index opened higher today, and then gradually fell. The K-line showed a false negative line with high opening and low volume, and closed above the 3-day moving average of 3,409.76. The daily upward trend remains the same.Affected by yesterday afternoon's news and the surge of Hong Kong stocks, the Shanghai Composite Index opened higher today, and then gradually fell. The K-line showed a false negative line with high opening and low volume, and closed above the 3-day moving average of 3,409.76. The daily upward trend remains the same.At present, the index is closing near the 5-minute 120 moving average of 3420.86. This round has risen from 3227.36, and the basic callback points are all near this moving average. It is expected that it is possible to test this moving average again tomorrow.

Several stocks in my hand, Changjiang Power, have a strong correlation with the index.However, Changjiang Electric Power will not always rise with the broader market, and often when the broader market keeps rising, it begins to fall instead. It is mainly synchronized with the market in the end stage of the market decline and the initial stage of the market pull-up. The market really went well, and when it was time for all kinds of small tickets and technology stocks to perform, it began to fall. Today, the negative line of its heavy volume may be a signal of short-term decline. The key is whether it will continue to fall below 27.70 tomorrow. It is expected that 27.89 will be tested first tomorrow morning. If it continues to decline, 27.70 will not stop falling.In particular, stocks that are weak and volatile will fluctuate with the market.

Affected by yesterday afternoon's news and the surge of Hong Kong stocks, the Shanghai Composite Index opened higher today, and then gradually fell. The K-line showed a false negative line with high opening and low volume, and closed above the 3-day moving average of 3,409.76. The daily upward trend remains the same.However, Changjiang Electric Power will not always rise with the broader market, and often when the broader market keeps rising, it begins to fall instead. It is mainly synchronized with the market in the end stage of the market decline and the initial stage of the market pull-up. The market really went well, and when it was time for all kinds of small tickets and technology stocks to perform, it began to fall. Today, the negative line of its heavy volume may be a signal of short-term decline. The key is whether it will continue to fall below 27.70 tomorrow. It is expected that 27.89 will be tested first tomorrow morning. If it continues to decline, 27.70 will not stop falling.What do you think of the Shanghai Composite Index today? After market hours on December 10th.