Around a share less bosom friend

⊙ Cloud spring stocks fell back in Friday, the Dow, S & P, and the Na ' a declined 0.75%, 1.14% and 0.54%, and the three major indexes ' weekly declines widened to 3.57%, 4.99%, 3.38%, which is also the worst week in nearly two or 10 weeks. Throughout the world, other major indices have also tumbled last week. Among them: Germany, France, Italy, Canada, Pakistan, Australia tumbled about 4%, strong performance such as Korea, Japan, Britain, respectively, cut 1.4%, 1.8, 2.5%, and China's Taiwan, Hong Kong amplitude modulation is 1.4%, 3.4%.　　Peripheral stocks showed a full pullback last week. Phase of the city also fell into the overall downward trend, such as the CRB Index, crude oil week down 2%, 3.9%, the United States fine Copper Lian, the United States cotton even more than 6% of the decline. The rise in the gold-dollar index suggests that inflation is once again a market concern.　　These are not good for the stock market to continue to rise. From a global perspective, although the main stock index in the Asia-Pacific region has hit a new high, but Europe and the United States are generally "SAP"-whether it is Britain, France, Germany, Italy, or the United States, Canada, Pakistan, last week did not be able to higher or the pursuit of victory.　　Importantly, the surrounding stock market is now basically down to the 5-week moving average, the S & P, NA and Germany, Australia also fell below the line, the current situation and "rowing" there is no difference. As far as the U.S. stocks are concerned, the following points need more attention: one is that the daily line of the Dow is still distributed between Yin and Yang, but the three major stock indexes of the 5th EMA is a reverse pressure, indicating that the short-term trend has been significantly weakened, shocks on the attack has been replaced by resistance; The lower rail is the low connection Sell-off up 124 points, 15.4, 39.2, this week at 8,288, 888, 1756 points, which means that the stock index has been in the position of falling behind, the most powerful before the first to break the channel under the track, which is quite detrimental to the market further warming, And if this week doesn't come at 8,283, 889, 1708, the Dow is also set to fall below the 5-week EMA (which was broken last week), with the medium-term rebound ending; third, the cumulative gains are still considerable, and the highs are just 9th weeks after the lows, and the S & P continues to wear the median line (as is the case at 667),　　It is possible that a major transition has occurred; four is the use of CDP and weeks, if not back to 8,420 points, 903 points, 1710 points that near the high and last week, the average value of the center, the stock index is likely to explore 8,000 points, 850 points, 1630 points near the support. Although the Shanghai and Shenzhen cities are once again a bouquet of red flowers in the blue sea, but the week's increase is only 0.75%, 0.89%, and the following three points in particular to note: 1, the Shanghai and Shenzhen Big market Week line harvest extremely standard long shadow Yin, Yang Cross star, and the Shanghai two high point line Monday converge at 2,776 points, the market variables therefore further increase; 2, Week turnover has shrunk comprised, but the cumulative turnover since last November has been as high as 20.5 trillion, and the current level of turnover speculated that the amount can be in two or three days will be wearing a cordon, that is to say, the short and middle term may occur at any time, 3, after the peak after the adjustment of one year or 53 weeks, and so far the rebound has lasted more than six months or 27 weeks, that is, the market continues to rebound time will also face a snag. If the surrounding market can be renewed, the hope of the Shanghai and Shenzhen stock market will naturally be greater, but the current upward bosom friend has been extremely difficult to find, the callback companion is no shortage. And if the peripheral rebound weak or continue to decline, the medium-term downward pressure on the two cities will also increase. Once below last week's cross, the lowest or 5-week EMA, it is likely to be transferred to the sorting pattern.