Keep the concussion up, beware of a single day deep adjustment

⊙ Chen Xiaoyang last week the market around 2,600 points around the brief vibration of the consolidation, along the short moving average to maintain the oscillation upward trend, indicating that the trend is still up. But with the stock index gradually climbed, the market more empty divergence arises spontaneously. Then where will the market go?　　The author believes that there is no real negative factors change the trend before the market temporarily does not change upward trend, but also at any time due to external forces and the possibility of a one-day deep adjustment. The current basic face to the good factor is still supporting the market shocks up the dominant factor. Investors are not too pessimistic about the current economic growth after the new macro figures are clear. Although some macroeconomic data performance is not satisfactory, such as CPI, PPI, industrial products, such as ex-factory prices, still reveal the continued weakness of economic growth, but credit, fixed asset investment, export chain rebound and other data still show that the current economy is gradually warmer. It can be said that the exceeding expectations of credit expansion to stimulate demand, demand-driven production rebound, led to a gradual improvement in prices and gross profit margins, so that the whole economic growth chain in accordance with the order of the positive changes are taking place. and the relevant parties in the latest money and credit work conference revealed that the banking institutions should continue to implement a moderately loose monetary policy. This bodes well for future monetary policy orientation, which is conducive to the market being in a liquid environment.　　From this, we can see that in the policy direction of the warm has not changed the premise of the substantial negative factors in the future will not occur, so the market will not appear trend changes, but also means that the impact of the market trend of the multiple empty fundamentals, the parties still occupy the upper hand. However, in the trend pattern, the market at 2,600 points upward expansion of space will not be smooth, because 2,650 to 2,850 points near a year before the formation of dense hold-up area. If you want to continue upstream, you must have a period of time to digest the stack of chips in the previous intensive transaction area. Although the Shanghai Composite Index is surging along the short-term EMA, its rate of increase has slowed. This shows that, along with the stock index of the uplink, the gap is also gradually increasing. Although there is no substantial negative, but investors in the relatively high area of the market is always very sensitive, once the message surface on the adverse factors, it may lead to wide fluctuations in the broad market.　　In other words, this week, the market in the maintenance of vibration upstream, gradually deep in the process of intensive locked up area, at any time will be affected by external forces of the possibility of a single day, but does not change the upward trend of intermediate shocks. In operation, due to the current market gradually upward, investment risk is also expanding, investors can appropriately reduce the position, cautious to avoid systemic risk, but also to the marine transport, real estate, automobiles and other economic recovery of the first to benefit from the blue chips in high-quality stock opportunities.