Recent stock declines increase short-term downward search for support

The author of the review of the Yu Yu Monday, the market to 2646.29 points high after opening in the high position of the concussion trend, about 2:20 P.M., by the rapid release of the pressure, the impact of the stock index continuous downward, the 2,600-point integer gateway breakdown. Finally, the Shanghai Composite Index closed at 2579.75, down 45.9 points, the margin of 1.75%.　　The whole day sold 175.03 billion yuan, more than the last session of the amplification. Plate stocks, the bio-pharmaceutical plate to strengthen the market, Sea King Biology, Rhine biology, such as trading, Shanghai Medicine, Baiyun Mountain A and so on are also in the forefront of the decline in the list, the Oriental Silver Star, the Yin shares, Jinrui technology and other falls, Sanfangxiang, Lingyun shares declined more than 9%.　　In addition, the weight of large stocks of Chinese petroleum, Sinopec and other plates have a better performance, due to the impact of the market diving, the formation of a drop in trend. From the recent trend of view, because the volume is difficult to effectively magnify, the index at the 2,600 point of the upper gate obviously by the empty side of the repression. We can note that in recent days, the volume can be mainly released on the Yin Line. And from a longer period of time, although the index maintained upward trend, but so far, the volume can be gradually convergent trend, the overall energy level in early May was lower than the beginning of April, the total capacity of April early in the total energy level was lower than the beginning of February. Thus in this period of time has formed a kind of price deviation of the relationship, will have a certain adverse factors on the operation of the later stock index.　　And from the recent release of the process, although the Shanghai Composite Index frequency innovation is high, but a single day can be difficult to break through 180 billion yuan, which also indicates that the external fund follow-up more hesitant. In addition, we note that the recent decline in stocks has gradually increased, indicating that the momentum of the market is increasing. And the weakening of the profit-making effect on the market will lead to the increase of the throwing pressure energy, which will be a test for the future.　　If the next file does not have a strong accept plate digestion This pressure, the index will be weakened by strong. Outlook, due to the fall of the 5th EMA and relative high Baoyang trend of the impact of the short-term still further down the demand for support, the future will test the 20th and 30th moving average around the support. 30th Moving Average is the recent multiple-empty balance, if the 30th EMA fall, the future of the light probability is greater.