11 Strength brokers look after the strong consolidation after the rebound to new highs

Strong finishing after the rebound of new highs in the South-West securities coupling beams this week, the market concussion sharp, Monday, the biggest day since April 28, the largest single day decline, the week of 21 fell to 2,600 points below, after the newly released economic data in April, the positive stimulus to regain the rally, and then create a new round But the last two trading days market power shortage, showing shrinkage consolidation trend, the Friday transaction amount reduced to about 170 billion yuan, showing the market appears fear high mentality. Hot switching frequency this week, but steel, non-ferrous and other cyclical industries into the adjustment, medicine, food and beverage and other aperiodic industries began to rise. Bad performance of the weight of stocks, resulting in further attack on the market power weakened. A number of policies for accelerating the development of the biological industry have been introduced this week, and after the Shanghai construction of financial Shipping "Double Center" program, "Shenzhen Comprehensive package reform plan" ensued, followed by Chongqing's "Two Rivers new zone".　　From central to local are increasing the intensity of economic stimulation, market hot spots are expected to continue to emerge. This week, the K-line to collect the cross star, the increase of 0.75%, showing signs of slowing the rally. Week K-Line 5-week average, showing a steady rise in the pattern, long-term trend to good. From the day line, the market to the 5th moving average for support, showing a strong collation, EMA system long arrangement further divergence, medium-term trend to good.　　Combined with the above analysis, it is expected that the market in the first half of the week will still shake the finishing or deep, but the second half of the week is expected to regain the rally and hit a new high. Next week trend see multi-line trend see more next week interval 2600-2700 dot next week hot basic energy, engineering, building materials plate next week focus on economic revitalization measures, turnover adjustment pressure gradually approaching Minsheng securities Wu Xuan this week, the A-share market continued to shock upward, the stock index week by CPI and PPI data continued downward and IPO may The impact of news such as opening rumors fell, but after the rumor was not, April strong investment in fixed assets and other positive news stimulus, the Shanghai Composite Index again hit a new high.　　However, with the amount of energy gradually shrinking, market outlook adjustment pressure will gradually increase. In terms of capital flows, this week, the gap in the number of empty funds increased, the signs of capital fled more obvious. The weights of securities, coal, finance and steel still show the net inflow of funds, and the net outflow of SME board funds is obvious. The key point of the market is whether to complete the conversion of the medium and small market stock to the big market value weight stock style. From this week's plate, the bank, real estate, petrochemical, coal and other large market value industries have performance, but the basic is short-lived. Domestic and foreign economic recovery uncertainty, restricting the rebound in market sentiment.　　With the full circulation of a A-share, the pressure is also always suspended in the market over a sword.　　From a technical point of view, the market this week in the vicinity of 2,600 points repeatedly shock digestion flotation, but the volume can be significantly shrunk, showing insufficient support, which may make next week's adjustment pressure increase. Next week trend See air line trend look more next week interval 2500-2700 next weekHot weight stocks, Shenzhen Local stocks next week the focus can be more empty saw ups and downs limited Huatai securities tension this week regained 2,600 points in the concussion, and set a rebound to a new high of 2,670 points, but the large deviation of the price, showing that the fundamentals have not been identified before the improvement, investors are worried about the continued rise of the index Although the median market can still be cautious optimism, but the short-term market does not have the momentum of continuous lifting, future will continue to be around 2,600 points further tamping base we believe that the rise of the broad-blue chips can be more thought to be a lag after the rise.　　In the public offering fund, the market is still a new fund of the inevitable allocation of the object, which also blocked the quality of blue chip of the downward space, so the future index does not exist a sharp decline in the possibility. Now the dilemma is the valuation pressure--the current profit level of a A-share has no obvious valuation advantage. Simply from the resistance and support region, the upper stall resistance area is very clear, 08 6-7 months between the formation of the 2700-2900-point platform will become an important area of resistance. In this round of rebound in the market, every time a new record to cut into the resistance area, there is a shock is inevitable.　　At the same time, the next stall support is also very clear, 250-year line position will be important to the market support. Next week trend see multi-line trend see more next week interval 2550-2800 dot next week hot have to raise potential small market stocks next week focus blue chip market facing direction choice New Era securities Liu Guanghuan policy positive stimulus effect gradually weakened. Policy is still positive this week, but limited to the market stimulation, in addition to several stocks in the bio-pharmaceutical plate strong trend, other related plate stock speculation is not small, the overall role of the driving effect than the school at the same time, the indicator stocks difficult to conceal market weakness. The weight of the market this week particularly eye-catching, especially in PetroChina, Sinopec two major indicators of Wednesday force, so that the market hit a new high since the rally. However, the other small and medium market plate response is not positive, but appears to be a greater adjustment pressure, "large-cap stocks rise, small stock downward" situation. In addition, the market to attack energy began to weaken.　　Although the market hit a new high this week, but the volume of turnover has shrunk sharply, this measure deviation trend, showing that many parties seem powerless. Combined with the above analysis, although the current macro-economic constantly to good and the fund is still abundant, but the face of the span has been a long period of rebound market, the current general feeling of the trend of fatigue. In addition to bank stocks, petrochemical double-hung as the representative of the large stocks, the market has not found too many valuation depressions, indicating that more than 2,600 risks above the opportunity.　　From the current line, the market has been to a more critical stage, if the upward is expected to maintain a shock climbing situation, if the downward has to build a circular arc top and the possibility of medium-term change. Next week trend See air line trend look empty next week interval 2500-2700 next week hot reorganization class middle and low price next week focus quantity energy, technical surface, overseas market big concussion probability graduallyThe increase of Everbright Securities Tengyin this week, the index hit a new high, but the market contraction of volatile collation, structural opportunities and risks coexist, earning index does not make money become an important feature of the market. The published April macro data show that the economic fundamentals, although positive signals, but the current macroeconomic operation is not as optimistic as the market expectations, the economy is still running low.　　In addition to some industries to warm up, the large market value varieties of the increase is due to the technical replenishment and the new fund after the release of the configuration needs. The continuous introduction of various industries and regional revitalization policies has injected vigor into the market, which brings the opportunity for the theme investment and compresses the space of market adjustment. The continuous introduction of favorable policies will become an important power to support the strong operation of the market. In terms of supply and demand, there are more than 10 stock and hybrid funds issued after May, and the fund will provide financial support for the market.　　In this context, although the gem and market financing function recovery process will become the focus of the market, but the short term is difficult to change the market supply and demand situation. Overall, we believe that the market has more kinetic energy still have a further process of digestion, but from the fundamentals, technical aspects, the market is gradually entering into a continuous surge after the sensitive phase of a large shock.　　However, if there is no substantial sudden negative factors, the index adjustment space may be more limited, but the market structure will be more obvious differentiation. Next week trend see flat line trend look empty next week interval 2550-2750 dot next week hot Shenzhen local stocks next week the focus on the expansion of the dynamic index of the growth of the shares of the Pacific Securities Zhou Yu this week, the Shanghai and Shenzhen market shocks upward, and create a recent rebound in new highs. The most obvious feature of the market this week is the "Elephant Dance", in which heavy weights have risen sharply, culminating in the oil boom that followed the third week. Before the small and medium-sized board stocks were hyped, the weight of the stock due to relatively low relative gains have obvious requirements, but this in the short term one-step type of outbreak, so that the market appears obvious index false rise, the characteristics of stock differentiation. Along with the stock index center of gravity Rising, the market system risk gradually accumulate, and increase the difficulty that the investor carries on the operation.　　At the same time, the hot switch to the big market share of the style features did not form, along with the petrochemical double-hung, the market hot spots instead tend to messy. From the current market operation, the early lead to the rise of the bank plate high volatility, which makes the market long determination to start a move in small and medium-sized market shares and large market share, subject stocks and blue chip can continue to play a hot spot, become the market lingering worries.　　The money-driven market is also showing some weakness, coupled with the optimism that macroeconomic data is not expected, and the demand for market adjustments is rising. Next week trend to see the middle line trend see more next week interval 2500-2600 next week hot weight stocks trend next week focus capital surface supply and demand changes next week first, the probability of greater Oriental securities in Shenyang this week the market in PetroChina after the shock flat, turnover continued to shrink;Overall, the recent market around the 2,600-point position shock consolidation, so that the early rising pressure in the shock of continuous digestion, which also makes the overall situation of the market is still healthy, from the current situation, the medium-term market should not be over. From the hot point of view, the weight of the stock, especially PetroChina, Sinopec's strong pull, but also the market is full of doubts, but the market doubts also show that there is still room for a market rise. In the market index performance is good, the proportion of stock fluctuation is not coordinated, meaning that the subject-matter stock adjustment has been inevitable. The continued activity of the real estate sector also makes it difficult for the index to have a real correction in the short term, not even excluding the possibility that the index will continue to record new highs after a slight consolidation.　　Therefore, overall, next week the market first suppressed the probability of a larger. Next week trend see multi-line trend see more next week interval 2600-2750 dot next week hot bank etc pre-stagnation plate next week focus big market stocks can rebound challenge 2,700 points into the key period of aviation securities Shenning the main economic data of the April debut, the index was blocked 2,700 points, at the top of the high present strong Trend volatility. Banks, petrochemicals, coal, real estate and other weight shares this week to show active, take turns to lead the rise, but this week, the phenomenon of shrinking turnover is obvious, market initiative participation will not strong.　　If the volume can be matched next week, the market is poised to challenge 2,700 points. The Ministry of Health's confirmation this week of the first case of swine flu in mainland China has created psychological pressure on investors. In Monday, the stock index fell back, the panic was more serious; the market panic eased after the State Council's executive meeting studied the deployment of measures to strengthen prevention and control. The bank's banking regulator wants to ensure that credit funds enter the real economy, whether the market is worried about the flow of credit to the stock market or will again affect the markets, in fact, the main decline in sentiment is still ample future liquidity. From the technical level analysis, the stock index shocks this week to draw out the Yin Cross star, more empty both sides of the difference intensifies.　　As the channel moves up, the pressure of the 2700-2900-point finishing platform in July 08 begins to release; the emergence of market-share differentiation shows that the risk of profit-taking is also accumulating. Overall, the market can rise again, future policy guidance will be the key.　　April CPI, PPI March "double negative" growth corresponding increase in the rate of the central bank to cut rates, once the policy surface to form a positive effect, the market will be the direction of short-term choice, in the future weight of the case, the market is expected to launch a 2,700-point offensive. Next week trend see multi-line trend look at next week interval 2600-2740 dot next week hot 3G and tech stocks next week focus on policy surface short-term shocks to good galactic securities Yixiao this week the market again hit a new high, but the volume of the decline, showing that investors are not enough confidence in the current breakthrough. This week's breakthrough is only in China's oil and other market indicators and real estate sector under the pull of the index inflated phenomenon, and not by the market most of the capitalGold's approval and response, which will become the future market continued to move steadily higher adverse factors. The short-term market may continue to oscillate at intervals of 2,500 to 2,700. However, the market effectively break down the pressure line, the center of the rising space has been opened, short-term shocks will not change the medium-term to a good trend, but conducive to consolidating the market steady rise in the base of this week's hot, one of the petrochemical double-hung Chinese petroleum, Sinopec appeared strong rise, is a stronger but the volume of the reduction of the important factors. This week the most attention is the real estate sector and the biopharmaceutical sector part of the stock, such as the news stimulated by a continuous unilateral rise.　　Overall, this week's big blue chip and small market value blue is still the focus of funds, and information network technology plate and biomedical, biochemical stocks began to active, and is expected to become the next hot market, which may stimulate the follow-up desire for funds. Next week trends see multiple centerline trends see more next week interval 2500-2800 next week hot real estate, low price stocks, small and medium market stocks next week focus on economic stimulus policy, volume strong features are expected to continue Wanguo Qian Qimin this week, the Shanghai stock index and then Yang, but the turnover has shrunk, from now on, expected future market will　　Hold strong and continue upward after moderate consolidation. Although the short-term market has a slight stagnation, but basically belong to the normal profit return spit, and no obvious cut meat plate appeared, the market performance more rational. At the same time, the April macroeconomic data basically meet the expectations, did not appear adverse factors, the economy is still hovering low, short-term no turning factors appear, so from within the rhythm look, the market is still in the ascent of two to one step. From the handicap, this week, in addition to the short period of Wednesday, when the weight of the stock rose, most of the time or the theme of stocks, small and medium stocks active, and did not appear to investors worry about the weight of the stock pulled up, the index inflated while the other stocks obviously fell and eventually appear phased head From the current point of view, as long as the weight of the stock does not pull up bubbles, strong market will not easily end.　　Hot Spot Real estate, home appliances, tourism, food, bio-medicine and so on, indicating that the attractiveness of the market has not declined significantly, the enthusiasm of investors not to reduce the volume of contraction is more reflects the stability of the market mentality. From the K-line form, prev-week lines for the next long cross star, showing a callback to the current file support is strong, and Shen Chengzhi Friday hit a new high and maintain the top run, strong pattern is obvious. If the role of the weight shares, then Shen Chengzhi more reflect the actual situation of the market, that is not weak in fact. Moreover, historically, the chances of a period of high or annual highs in May have been minimal, not seen in nearly 10 years.　　Therefore, the comprehensive policy, hot spots, technology and other factors, we believe that the market Outlook strong features are expected to continue. Next week trend see multi-line trend see more next week interval 2600-2720 dot next week hot Shanghai local stocks, real estate stocks next week focus on technical surface, volume price coordination shocks highlight "Asset appreciation "The main line of the Sino-Japanese securities Xu Ocean macro-economic expectations did not become clearer because of the April data release, macro data recovery and micro-enterprise profitability of the struggle will make the market show obvious volatility characteristics.　　However, the gradual accumulation of liquidity pressures in the financial sector may make "asset appreciation" the main clue for the next stage of the market. The April macroeconomic data were mixed, and macroeconomics was largely recognised in the first quarter, but the underlying recovery was shaky. April investment rose by 34%, well above the March level of 28.6%, 14.8% of the nominal consumption growth rate was lower than the first quarter, but excluding the price factor, the year-on-year growth rate is still above 15%, while the Foreign Trade department also maintain the trend of the chain improvement. From the three driving forces of economic growth, the two-quarter GDP growth rate is higher than the first quarter of the forecast is basically confirmed; in the statistical trend, the economy is out of the trough "recovery" signs are emerging.　　But there is still a stark contrast between microscopic data, investment and electricity generation, industrial added value formation deviation, housing sales and real estate development data is not coordinated, steel, non-ferrous stock pressure is still, financial investment on the demand for the end of the pull function is limited, and processing trade external demand environment remains weak, domestic economic recovery road will be relatively long. Liquidity accumulation in the financial sector is becoming more and more obvious, domestic credit, currency growth over 20% consecutive months, much higher than the economic growth of 7% and price-1.5% of the growth of the sum, the money supply is obviously surplus. The major economies represented by the United States and Europe in the international market have established monetary expansion policy orientation, the Fed is willing to buy bonds directly, the UK interest rate has reached 0.5% historical extremes. In the field of production, the weakening effect of commodity prices on supply in 08 is significantly greater than demand, and new imbalances in supply and demand will arise in lower positions.　　We see oil prices continue to strengthen in the context of sluggish demand, copper, aluminum and zinc have been shaken off the bottom, seemingly distant inflationary expectations seem not so distant.　　In the short term, more than 24 times PE over 2,600 points will certainly put the market under a certain valuation pressure; however, the long-term opportunities for coal, real estate, nonferrous Metals and new energy stocks will gradually become clearer, and investors can step into a more visible segment of the safety margin during market shocks. Next week trend to see flat line trend look flat next week interval 2580-2780 dot next week hot petrochemical, nonferrous, new energy next week focus on dollar, outside the pan trend