Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
2.6 Midday update: The issue has been fixed, but the situation is still too chaotic and disorganized.
[Stock Forum]
Market
2.1 trillion yuan now, nearly 1.8 trillion yuan intraday
The market is unexpectedly strong, just a big gap down but still managed to rally to the midline for consolidation
This isn’t fun anymore. As mentioned, the midline oscillates slightly above, with sector rotation as the rhythm
But there’s no sustainability.
This leads to a lack of focus in the groupings.
At the same time, this pattern benefits the grouping of high-level trend new high stocks
Not good for the grouping of oversold rebound patterns
Profitability Effect
Strong recovery
Yesterday, brothers asked why I was watching for recovery today
Yesterday was a strong divergence, a strong start, so continuing divergence at open today is normal
But the close shows recovery, the strength of recovery can’t be predicted, but the high and low can be seen as recovery
Because this is a chaotic period, yesterday already had strong divergence, and after today’s open with continued divergence
Why not see it as a recovery?
Emotional Cycle
Tide recedes and ends again
Re-enter chaos
Yellow line is on the white line
Theme Cycle
Follows chaotic rhythm, strong weakens, weak strengthens
Yesterday, the sectors with strength were Pan-consumption and low-position AI applications
Today, they all fell apart again.
Yesterday’s weakest sectors were Photovoltaics, Smart Grid, Non-ferrous Metals, Gold, which showed varying degrees of strong recovery
This is crazy
The weakest, Photovoltaics, GCL-Poly, indeed factory inspections, but that doesn’t mean orders are placed
Yamarton led the rally
Smart Grid, Sanbian Technology, strengthened
Gold and Silver hit the stop-loss point today, but the rebound was a bit excessive, opening down -3% then rallying +2%+
Today’s most volatile sector was Hunan Gold, hitting the limit up
Driving rebound in commodities, chemical industry, and lithium batteries, especially lithium hexafluorophosphate
Tianji Co., Ltd. hit the limit up, Hongbaoli recovered, Intercontinental Oil & Gas had a major rebound
Yesterday’s strongest sector, Pan-consumption, left Hengdian Film & TV and Huangtai to directly hit the limit down
Weak consumer sector
Yesterday’s strongest low-position AI sector fully collapsed
Then LITONG Electronics and Wangsu Technology strengthened
Today, due to the market’s unexpected strength again, a strong rebound after the opening ice point
Pharmaceuticals opened with a positive trend, mostly straight up, but the fermentation was quite average
The latest rebound at open was in Commercial Aerospace’s CPO, Gold, Chemicals, Lithium Batteries, Smart Grid
But after the first wave, CPO and Commercial Aerospace retreated
Chemicals, Gold, Smart Grid continued to strengthen
The second wave resonated, the market turned red, robots strengthened, still Musk’s mode
Robots need to expand production, Wuzhou New Spring hit the limit up, driving the sector’s strong return
Spring Festival Gala robots, Tianqi Co., Ltd. hit the limit up
After CPO retreated, the second wave still resonated, the market recovered more strongly than Commercial Aerospace, and Longfei Guangxian was in the front row.
In other words, the market isn’t weak. Although funds are trying to group, yesterday’s high-level grouping lacked strength
So they started trying to group oversold patterns, like Pingtan, Shenjian, Aerospace Development, etc.
But today, the market moved upward again, although with no volume, trying to group new high stocks on the right side
**
Jingtou Development**
Rebound then retreat, cannot quickly rise, clear out
Whether the market gap down affects sentiment or not
This continuous board, yesterday’s strong sector, today’s bidding without premium, is below expectations
It’s a matter of how to sell, unless it jumps to the board at open, otherwise it’s hard to hold
**
Pingtan Development**
Break below the moving average, clear out
This is even below expectations, normally should open more than 5 points higher
**
Julite Rigging**
First wave hit the moving average halfway
This stock has some issues
Not strong enough for grouping
As a core, it has no driving force for the sector
The first wave was an active surge
Later, the sector weakened, it exploded, sector flowed back, it tried to re-encapsulate
Didn’t show the grouping temperament
Aerospace Development
**
No movement**
The early morning plunge was quite frustrating
The rhythm, by the close of the morning, was similar to the first surge of Tongyu Communications and others after the first limit-up, then a pattern of missing out
It’s very similar to the following three days, just feeling that because the group leader came, it caused many unnecessary divergences
But from a technical perspective, this stock isn’t done yet, no intention to move
Commercial Aerospace, from a daily chart perspective, still oscillates within the body of the first big bullish candle
On the 60-minute chart, there’s still a chance for a quick acceleration above the zero axis
Waiting to see how Aerospace Development performs then
Today, Commercial Aerospace tried to develop new segments, Musk said satellite phones connect directly, failed
Musk said robots expanding production got stuck
**
By the way, you guys used Qianwen to grab red envelopes, I used it today to order a free lunch. Kind of interesting.**