Hexun Investment Advisor Xu Xin: March 16 Afternoon Prediction - Testing Lows and Rebounding

NightAirdropper · 2026-03-17T01:29:38+00:00

On the afternoon of March 16, market trend judgment maintains the view of testing bottoms and rebounding. The morning market experienced a sharp decline, approaching the 60-day moving average, with defensive stocks showing weakness, while technology stocks began to show activity. The afternoon is expected to continue the trend of testing bottoms and rebounding.

NightAirdropper

2026-03-17 01:29:38

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March 16 Afternoon Market Trend Analysis. The view from yesterday’s video was that today is likely to see a bottoming out and rebound, and this view remains unchanged.

This morning, the market experienced a sharp decline, approaching the 60-day moving average. The Sci-Tech Innovation 50 Index also saw a sell-off, nearing the low point from March 9. The average stock price index is also close to the 60-day moving average. After three consecutive days of significant decline, most defensive sectors performed well this morning, but now the defensive sectors are beginning to retreat. Meanwhile, technology sectors such as storage chips are gradually becoming more active, so the afternoon outlook still favors a bottoming out and rebound.

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