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everyone should be prepared. three good things are coming for a-shares. could this round of rise exceed 3,700 points?

2024-10-01

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in recent times, the strength of the trend cannot be expressed with the word "rising". historically, the three major stock indexes have experienced sustained surges in 2020, but this time's surge is after years of adjustments and declines since may. when investor sentiment was low, the three major stock indexes started to rise. the rise can be described as shocking.

in particular, the shanghai stock index's upward trend is unstoppable. the pressure points of 3,000 points and 3,200 points both opened higher and moved higher, breaking through and closing with a direct rise. it shows that the current market situation of the stock market is not a rebound situation. if it is a bull market, such a bull market is too strong and the market changes too fast.

in other words, no matter how the subsequent trend fluctuates, the three major stock indexes have ended, and the decline in 2022 is at a time when bulls are slightly better. so how did the stock market fluctuate in october?

everyone should be prepared. three good things are coming. this round of rise may exceed 3,700 points?

peony believes that the stock market in october will have a better market after the sharp rise in september. everyone should be prepared. three good things are coming, which may make the stock market in october the same as september. this round of rise may exceed 3,700 points.

one good thing is that brokerage stocks collectively hit the daily limit on monday, which is one of the few times in history. the last time the securities firms experienced daily limit increases was in october 2018 and february 2019. after a lot of good news came, the stock market started to rise sharply, causing the brokerage sector to collectively reach the daily limit.

it can be understood that the collective daily limit of brokerage stocks is a sign that stock market sentiment is rising and the stock market is starting to change significantly. the liquidity of a-shares has improved, and there is hope that strong fluctuations will be maintained.

the second good thing is that as of the end of the market in september, positions in broad-based etfs have increased. data shows that the amount of etf purchases exceeds 800 billion yuan. in addition, there is already a csi 300 etf, which exceeds 300 billion yuan.

from this point of view, the stock market has risen sharply this time. funds from broad-based etfs are buying but not selling continuously. perhaps many institutional investors believe that the stock market still has room to rise.

in the past, when a-shares fell, broad-based etfs were all institutions that entered the market to support the stock market and reduce the decline. this time, the sharp rise shows that institutional investors have bought the low point. although there were institutional funds selling on monday, the sales tens of billions of yuan will not affect the scale of hundreds of billions of yuan.

the third benefit is that if the market continues to rise every day at the end of september, the stock market is likely to rise to 6,000 points in october. but a-shares require continued new capital. after the three major stock indexes closed on monday, the trading volume exceeded 2.4 trillion yuan. it is unimaginable to continue to increase the trading volume.

fortunately, foreign institutions are actively allocating a-share positions. on september 26, the transaction volume of northbound funds exceeded 190 billion yuan, the highest single-day level in more than four years. previously, at the beginning of september, the transaction amount was only between 90 billion yuan, indicating that transactions of northbound funds became active.

although the buying and selling of northbound funds cannot be seen during the day, the transactions of foreign funds are active, which also reflects that northbound funds are likely to accelerate their increase in positions.

peony predicts that everyone should be prepared, three good things are coming, and this round of rise may exceed 3,700 points. if the three major stock indexes also rise sharply at the current market prices, there is no bad news, and funds continue to increase, it will not be difficult to rise another 300 or 400 points in october. it is very likely that there is hope to break through 3700 points in october.

however, if there is pressure on the shanghai composite index to rise back to 3,400 points, it may rise and fall back in the short term. peony still believes that the stock market will maintain strong fluctuations in the future.

the reason is that the continuous arrival of good news has increased investor enthusiasm and made the stock market's trading volume active. this time the three major stock indexes will rise sharply, they will not break through 3300 points and fall back to 2800 points. the stock market will only fall slightly and rise sharply, and then continue to rise after going sideways.

to sum up, peony predicts that after the good news comes out, the bulls have already taken the advantage, and the prices of the three major stock indexes are still in a period of small declines and big rises, or may continue to rise.