Hexun Information Chen Wei: The market surges with high volume, is a rebound signal coming?

Today, many people in this market may not have reacted yet. According to Hexun information’s Chen Wei, but I want to tell everyone that he has sent several major signals. The first of these signals is increased trading volume—reaching a trading level of 2.5 trillion. In addition, we have finally broken above the 3,936-point mark, and more importantly, it has held that level.

The third point is this position. We can see that tech stocks are blooming across the board; it’s not only a rally driven by banks and securities in some kind of way.

But one thing I want to tell you is that yesterday I clearly told everyone: at this point, what has it become? The bottom formation is already complete, and the market sentiment’s extreme low point has been reached. So the trend ahead will see a rebound, but the rebound is not going to happen all at once.

Tomorrow, I will tell everyone a key level: everyone must pay attention to the area above 4,050 points. Once it moves above 4,050, sell pressure will increase. Also, tomorrow’s stocks will be completely differentiated. So if you haven’t prepared to pick the bottom in advance, then now—absolutely do not chase the rally, especially above the 4,050-point level.

(Editor: Shao Xiaohui)

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