Hexun Investment Advisor Liu Wenbo: A-shares' trading volume decreased to 2.2078 trillion yuan, beware of a counterattack.

The market has been moving like this today. According to Liu Wenbo, a Huaxun investment advisor, the morning session mainly saw a collective rebound in low-priced stocks, including but not limited to pharmaceuticals, banks, insurance, securities firms, real estate, and white wine—weak sectors at the bottom. However, despite so many large stocks rallying, market volume shrank, indicating that the rebound is weak. Around 10:30, due to insufficient volume, the index’s rise started to retreat. Meanwhile, the semiconductor sector, which led yesterday, was weak all day today, foreshadowing trouble and sounding the alarm. By 2:00 PM, the last three blue-chip battalions couldn’t hold on anymore, so we withdrew the last three battalions from the city. Yesterday, we withdrew three battalions; today, three more. The seven-day Ping’an County tour has come to an end, with an overall loss of 0.82%. Honestly, this wave has left me feeling helpless. Last Tuesday, we entered the market near its lowest shadow line, and the next day, the market gapped up sharply. We were briefly proud, thinking we caught the bottom, but then the average stock price surged, and we experienced five consecutive declines, losing all profits and even turning slightly negative.

Also, don’t forget we bought at very low levels, with only six wins, and three of those had already run away yesterday. With such quick moves, we still got hit hard. Now, there’s little to say—let’s directly discuss what to do next. Today’s bearish candle has clearly broken many investors’ last bottom line. Logically, from today onward, the market should weaken. But this is the key point I want to emphasize. As shown in the chart, the market on December 16 last year also experienced a single large bearish candle, which broke the support level. Then, on December 17, it quietly stabilized and moved upward, with a rare 17 consecutive days of gains. Similarly, on February 2 this year, the index showed a similar pattern. After a huge bearish candle broke support and looked frightening, the bottom quietly formed. So, the previous two times, the market bottomed out immediately after a sharp decline. This time, the mid-sized bearish candle broke all expectations. Could it follow the same pattern? Whether this is a bottom or not, tomorrow’s market level is crucial for us to watch closely—especially in the first hour. If there’s another quick rebound, even if the market is very frustrating, I will go in stubbornly just like the previous two times. After all, those two upward waves were achieved this way. The market is tough, but no one will compensate us; we can only earn back in the stock market with our own hands. I hope the market can reverse promptly tomorrow.