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Praise is the greatest support for my pure technical school.As a veteran, in fact, today is particularly emotional. Because of the adjustment of the market, in fact, I have already predicted. In the past few days, I have been earnestly telling everyone that the market will adjust. However, as we all know, the market should have been adjusted on Wednesday and Thursday this week, but because the news was not adjusted, this situation really made me have great doubts about technical analysis. But fortunately, after yesterday's closing, I still found my inner peace and returned to technical analysis again. After yesterday's close, my prediction of today's trend is still adjustment. Please have a look at the hand-drawn forecast chart I updated yesterday about today's trend. I think this picture can still be scored 60 points. After all, the direction is right.

Here, I have to tell you that in the worst case, the current downward trend of the market may completely reproduce the downward band since 3509. With the same angle, the decline will be the same. If so, the index will return to around 3227. Now, however, I don't think the worst will happen. We will see again and again next week, and we will know how the market will go next.The above picture shows the "histogram of the capital flow of the constituent stocks of Land Stock Connect". From the above figure, we can find that the northbound funds smashed the plate today, and a very obvious green column line was pulled out on the chart. Today's efforts to smash the market are basically the same as those on November 22, the last time the Shanghai Composite Index fell more than 3%. That's why the index fell so badly today.

At the close, the three major indexes plummeted across the board! As of the close, the Shanghai Composite Index fell by 2.01%, Shenzhen City fell by 2.23%, and Venture% fell by 2.48%. The three major indexes all fell by more than 2%. By the close of trading, there were 4,410 companies falling and 920 companies rising. As of the close, the turnover of the two cities was 2.09 trillion. Compared with the previous trading day, the volume was 202.4 billion.The above picture shows the "histogram of the capital flow of the constituent stocks of Land Stock Connect". From the above figure, we can find that the northbound funds smashed the plate today, and a very obvious green column line was pulled out on the chart. Today's efforts to smash the market are basically the same as those on November 22, the last time the Shanghai Composite Index fell more than 3%. That's why the index fell so badly today.Praise is the greatest support for my pure technical school.