The only thing they said right was that this was a typical malicious short selling.
Commentators pointed out that it is necessary to support the market now. If no action is taken, if the blue-chip stocks in the market follow the downward trend, the high-level consolidation state that the market has finally stabilized will be broken and start to plummet.
The trend interface continued to appear on the screen, and Chen Pingan stared at it from beginning to end.
According to his judgment, if this capital can continue to hold on, jump at several obvious support levels, slow down, and finally fall down, then it will be real money.
I just don’t know who the trader is and what his motive is for crashing the market.
The market is in a bull market now, there is no doubt about that.
Consolidation at high levels does not mean consolidation at the weekly level, but a retracement at the daily level.
I have to say that although the place chosen by the other party is not the best, it is not bad.
In other words, the market just happened to be moving like this.
As long as the market can hold up and the hot spots can continue, the market will continue to rise.
Then, it is natural that long funds will drive up index futures.
However, this trajectory has been paused by this big green column of 7%.
It depends on whether the authorities will hold a meeting to demand market support.
The bull market that has lasted for more than half a year does not structurally provide a basis for a transition from bull to bear market.
There is no doubt about this!
but……
This structure cannot appear.
As soon as it appears, the top masters in the market will definitely run away first.
Moreover, the funds controlled by these people are at least in the billions.
The problem is that if the futures index goes down and the overall market index follows suit, then will the funds that are able to take over be willing to do so?
Putting aside the fact that Chen Ping'an knew that a huge amount of funds were scrambling to buy the Malaysian national oil company, from another perspective, it is absolutely necessary to maintain the current bull market.
So at this level, the funds to support the market should come out.
Or, you have to show up on the next trading day.
But if we take the oil company incident into consideration, is it necessary for the market to maintain a bull market?
Chen Pingan couldn't judge.
Depending on your standpoint, your perspective on the issue and your final opinion may also be different.
If Chen Ping'an was the one in power, he would definitely order the short seller to be drowned at this time.
A 7% drop is at least 4% on average. The other party made at least 10 billion from the sneak attack on the first day.
Anyone can dare to act wildly here.
If Chen Pingan were here, he would definitely beat him to death!
With so many securities companies, banks, funds and available funds in the market, it is easy to boost the market.
Countless times in history have proven that the market can reach any point you want.
It is completely controllable by humans!
The question is, should we do it?
It doesn’t mean that the bull market turning into a bear market is a bad thing, but that this bull market is a structural bull market and should not be interrupted.
This will definitely help boost the confidence of society as a whole.
If nothing else, at least it can cover up some contradictions and problems...
Well, even if we put all this aside, it is still a good thing for the seizure of Petronas, right? That’s always true!
Chen Pingan quickly thought of a lot of things in his mind, but he could only think about them.
He didn't even have a chance to look at the market.
The Kuala Lumpur Second Board is full of technology stocks, and I think they should have sold at least one-third of them.
If my guess is correct, at least Malaysia’s KLCI should have plummeted.
Because the second board is currently the most dynamic sector in the Malaysian financial market, a general decline in this sector will lead to a decline in the index.
What will Yao Changan do?
……
A 7% drop is considered a plunge for the CSI 500.
Yao Changan didn't have time to pay attention to this.
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