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a bold prediction for the future trend of a-shares: will it rise or fall?

2024-09-18

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although the trend of a-shares tomorrow is uncertain, i have a unique view. in the current market environment, the performance of a-shares will be affected by many factors, among which several important factors are worth paying attention to.

first, the technical trend of the shanghai composite index. although the index has been falling recently, it will soon bottom out and rebound. looking at the daily chart, we can see that the index is close to the lower support point of the descending channel, which means that it is about to reach the stage bottom. there may be a chance to rebound after bottoming out tomorrow, showing a good recovery trend.

next, let's look at the five-wave pattern. the current fluctuation of the shanghai composite index presents a typical five-wave structure. if it continues to fall slightly tomorrow, the structure will tend to be completed. the formation of the five-wave is often a precursor to a rebound, which may stimulate the market's bullish sentiment and make investors more confident about future trends.

finally, the upcoming monetary policy meeting of the federal reserve is an important external factor. the outcome of the meeting may affect global market sentiment. before the shoe drops, the market may wait and see and maintain a cautious attitude. therefore, in the short term, the market will be in an uncertain state, but the general trend is positive.