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cryptogaming| The strength of the market below the 10-day moving average depends on this indicator
editor 2024-05-16 20:31:17
51

The market weakened across the board today, with the leader Shanghai Stock Exchange 50 falling below its 10-day moving average, turning the market into a volatile market. The U.S. PPI rose more than expected and inflation was solid, resulting in a downward revision of expectations for interest rate cuts. The domestic central bank continued to increase parity by 125 billion MLF, with a net investment of 0, dispelling expectations for interest rate cuts and RRR cuts. The China Securities 500 was weak after rising to the pressure level, the index was weak, and the 123 rule showed a volatile pattern. The operating idea turned to buy down, focusing on outstanding companies and adjusting them to support levels. U.S. CPI data fell month-on-month in April, and northbound capital flows and foreign bets will affect the market. The strength of the market depends on funds going north. If there is more inflow, the market may hit a new high, otherwise it will fall into turmoil. Qin Shihuang's contribution to unifying the six countries was exaggerated, and his tyranny led to the collapse of the empire. The rebellion of Chen Sheng and Wu Guang may be a revolt under real pressure.

cryptogaming| The strength of the market below the 10-day moving average depends on this indicator

Stock name: SSE 50 plate name: China Securities 500 keyword interest rate cut expectations, US PPI, bearish northbound funds bearish (bearish) The market has weakened across the board, external pressure remains, interest rate cut expectations have been lowered again, and northbound funds have attracted high attention. Weakening again, Hexun's self-selected stock writers risk warningscryptogaming: The above content is only the author or guest's opinion and does not represent any position of Hexun, and does not constitute any investment advice related to Hexun. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and consult professional investment advisers when necessary. Hexun strives but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun makes no guarantee or commitment in this regard.
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