Whether the current market is rebound or reverse

Soft silver Investment Common Market stand firm Bear Line this year, the domestic stock market continued to move higher. From the whole development stage, there are roughly the following two stages: first, New Year's Day to mid-February, the market rose from 1814 to 2,402 points, up to 32%; the second stage is the beginning of March, the market rose from 2037 to this week's highest point 2,670 points.　　And the second stage can be subdivided into two small stages, one, from the beginning of March to April 22, the highest point of 2,579 points, the main theme stock market ups and downs; Secondly, at the end of April the lowest point of 2,372 to date, subject stocks gradually to blue-chip transformation, and eventually led by one or two-line blue In this year's rally, China's macro-economy has also experienced a roughly two stages: first, China's economic bottom stage; second, some parts of China's economy and some sectors of the recovery phase. For now, the signs of China's economic recovery are already clear, with the purchasing managers ' index picking up in May and breaking the 50% bull-Bear line.　　After a bottoming, a bottoming and a partial recovery, the overall recovery will be around the corner. But, just as people feared the Chinese economy had not bottomed out at the beginning of the year, many are still worried that the rally is a blip.　　We believe that perhaps the Chinese economic recovery process will be more complex, but continue to see the Chinese economy has completely violated the immediate facts. On the fundamentals, China's economy has bottomed out, reversing its previous downward trend to a rising trend and showing signs of a clear recovery. On the market level, the plate has been on the line (250 daily average, usually as the line of cattle and bear) 12 trading days, a steady 60-week EMA two weeks, technical level has confirmed that the market return to the bull market. For investors, we do not need to act immediately from the full operation, but must be in the ideological changes in the long-term view of the concept of emptiness.　　Up high can be phased profit, fall more to brave to increase their positions, continuous, intermittent to do long. Part of the classification index of the May, has been pulling out 7 of the monthly Yang Line, technically unable to determine this is not a reversal signal. Month Line 7 Lian Yang, such a strong market in the history of international stock market is extremely rare, the signal is a strong long-term long signal, second, the signal also means that the short-term market profit disk is very large, the bull market phased adjustment may come at any time. Next, we look forward to the low gold cross between the Half-year line (120 daily average) and the year line (250 daily average). Two moving averages low gold cross is a double-edged sword, as for why? We'll talk about it next time.