First trading day in the New Year ushered in the market a good start, and then on line within a narrow range around the Shanghai Composite Index, traded slightly enlarged, disk hot spots are more scattered and persistent lack of clear differentiation of individual stocks. The recent sharp rebound in the dollar index was dragged down by gold, non-ferrous metals, represented by international commodity prices continued to fall, the whole resource sector under pressure. Rumors of peace refinancing, the market was increased concerns about the financial side.
from the disk of view, the broader market did not change short-run pre-box features, off-see atmosphere is still strong, two test a low index obtained after 5 day moving average support, in the absence of the premise was bad, the market correction of the probability of short-term maintenance of larger shocks.
news, a series of price stability at the national measures, the December 2010 prices showed a slight decline overall trend does not mean that inflation pressures ease. Low-temperature freezing rain caused a large area south of the possibility of disaster is continuing to rise, short-term upward pressure on food prices, increased prices in the first month of this year the situation is not optimistic. New work from the central message of the meeting point of view, the central bank said it would continue to implement prudent monetary policy to price stability as the primary task of the current work, and to control soaring prices of monetary conditions. Tighter liquidity management will be the focus of management control in 2011, this year's tightening of monetary policy is the high probability event. But in the current critical period of restructuring the domestic economy, tight monetary measures should not be too much space. Last week ABC announced that in order to improve the capital adequacy ratio to be issued not more than 50 billion yuan of subordinated bonds. Minsheng Bank is also planning to target specific non-public offering of A shares program. This indicates that a new round of bank re-financing plan is under way, coupled with the current pace of new issues has not signs of slowing, which may pose a challenge to the financial side.
Overall, the market trend is still very hesitant, systemic risk is still the release process, from the current market liquidity, market valuation and the overall performance of the company's future growth point of view, the market once again deep transfer is unlikely.
from a technical point of view, the current focus on a number of years near the line moving average, moving average index will form a dense regional anti-pressure, short-range shock is still the main tone. With the recovery in market liquidity, coupled with the austerity policies before the Spring Festival will be in the relative vacuum, Jan. larger the probability of market strength. As the uncertainties become clear, the market valuation of stocks is expected to be fixed at the beginning, the broader market may be oversold blue-chip bargain-hunting interest, reorganization of the central enterprises, new industries, the annual reports of large consumption opportunities.
trend this week: to see more
midline trends: to see more
week interval :2750-2950 points
hot this week : oversold blue chips, the central enterprise restructuring
focus this week: on line support, volume
Galaxy Securities
No comments:
Post a Comment