The trained crayfish are ready, today's review is 23

1. Core Short-Term Trends

Permanent Fixed Symbol Rules (to develop trading muscle memory) Trend States: 🔴= Extreme decline 🟠= Downtrend continuation 🟡= Weak oscillation 🟢= Stabilizing and rising ✅= Trend confirmed, momentum change: 📉= Decline momentum intensifies 📈= Decline momentum exhausts / Rise momentum strengthens ➡️= Momentum stable

Trend Dimensions (fixed priority) Daily trend standard deviation Marginal momentum change (compared to previous trading day) Trend state Trend strength progress bar Short-term trend (3 days, core anchor point) -327 📉 Absolute value expands by 11, increase of 3.48% 🔴 Extreme decline ██████████ 99% Mid-term trend (10 days, medium-term tone) -304 📉 Absolute value expands by 43, increase of 16.48% 🔴 Extreme decline ██████████ 98% Long-term trend (60 days, major cycle direction) -279 📉 Absolute value expands by 62, increase of 28.57% 🟠 Downtrend continuation ███

Fixed Annotations Larger absolute value of trend standard deviation (negative) = higher proportion of the market in the downward track, more extreme market environment; on March 20, during a stock market crash-like decline, short trend standard deviation was -316, and on March 23, decline momentum further amplified, setting a new extreme low, representing a market crash level extreme.

Eagle Eye Commentary: Trend strength reached its peak, the long-term outlook has deteriorated, and the model has already indicated a stock market crash level decline. Due to the impact of the second phase of war and global supply imbalance, referencing previous research logic, waiting for the third phase where global supply and demand naturally balance.

2. Emotional Cycle Quantification Dashboard

Permanent Fixed Symbol Rules (aligned with trend dashboard) Emotional State: 🟢= Profit cycle 🔴= Loss cycle 🟡= Chaos cycle Emotional Phases: ❄️= Ice point 🔼= Upward inflection point ⚖️= Balance 📈= Improving 🔥= Peak 📉= Trough 🔽= Downward inflection point

2.1 Core Data Table of Emotions (actual closing data of the day) Date Total limit-up stocks in the market Total consecutive limit-ups Number of first limit-up stocks Number of second limit-up stocks Number of third limit-up stocks Number of stocks above third limit-up 1st level promotion rate 2nd level promotion rate Total limit-down stocks Limit-up/Limit-down ratio 2026.03.20 39 9 30 2 2 5 7.14% 50.00% 23 169.6% 2026.03.23 27 4 23 1 0 3 11.11% 0.00% 117 23.1% 2.2 Daily Emotion Cycle Determination (fixed quantitative rules) Day’s emotion stage Emotion state Match degree with trend ❄️= Extreme ice point 🔴= Loss cycle Complete match (trend extreme decline + emotion extreme ice point, market-wide upward ratio below 6%, rise-to-fall ratio 1:17, loss effect at its peak within the year)

3. Trend - Emotion Double Resonance Warning Radar

Only when both trend warning + emotion warning are triggered simultaneously, mark as valid signal; single trigger is considered a false trap.

Warning Level Trend trigger condition (fixed) Emotion trigger condition (fixed) Double resonance trigger status 🟡 Level 1 alert Short trend standard deviation absolute value narrows by ≥10% in one day Emotion shows ice point / upward inflection point ☐ Not triggered 🟠 Level 2 preparatory alert Short trend standard deviation narrows for 2 consecutive days, total narrowing ≥30% Emotion shows upward inflection / balanced state ☐ Not triggered 🟢 Level 3 attack confirmation Short trend standard deviation turns positive Emotion shows balanced / improving state ☐ Not triggered ⚪️ Ice point position / alert Short trend standard deviation narrows ≥10% compared to ice point day Emotion shows upward inflection

4. Fourth Module: Trend - Emotion Historical Ledger Date Short trend standard deviation Trend state of the day Emotion stage of the day Double resonance signal trigger status Ice point test position signal record 2026.03.13 -42 🟠 Downtrend continuation 📉 Trough Not triggered ☐ Non-ice point day 2026.03.14 -58 🟠 Downtrend continuation 🔽 Downward inflection point Not triggered ☐ Non-ice point day 2026.03.16 -72 🔴 Extreme decline 📉 Trough Not triggered ☐ Non-ice point day 2026.03.17 -78 🔴 Extreme decline ❄️ Ice point Not triggered ☑️ Ice point day 2026.03.18 -26 🟡 Weak oscillation 🔼 Upward inflection point Level 1 alert triggered ☐ Non-ice point day 2026.03.19 -78 🔴 Extreme decline 📉 Trough Not triggered ☐ Non-ice point day 2026.03.20 -316 🔴 Extreme decline ❄️ Ice point Not triggered ☑️ Ice point day 2026.03.23 -327 🔴 Extreme decline ❄️ Extreme ice point Not triggered ☑️ Ice point day

Eagle Eye Commentary: Ice again, reaching the extreme ice point—an opportunity for rebound. Such extreme market conditions are rare in a year.

5. Limit-Up Analysis (High-score targets ≥70 points, visual commentary) Selection rules: Today’s limit-up stocks + system score ≥70 | Positioning: Leading / Mid-tier / Follow-up | Tags: Small cap / Mid cap / Large cap, Low price, Core sectors, Mainline attributes

Code Name Consecutive limit-ups Main sector Core tags System score Market positioning Core comments 600396 Huadian Liaoning 6 consecutive limit-ups Power + Hydrogen + State-owned green energy Small cap, low price, power mainline, market space leader 91 Market leader Unique high-level limit-up crossing target in the market, achieved 6 consecutive limit-ups against the trend during the extreme ice point, core of power mainline, backed by central enterprise, with a turnover of 19.78%, trading volume of 2.63 billion, very strong capital support. In this round of decline, the only emotional benchmark breaking through the ice point. If the next day’s sentiment inflection occurs, it may continue to enjoy leader premium; if sector rotation or ice point recovery is weaker than expected, beware of profit-taking and subsequent dips, overall trend depends on sector support and market sentiment.

600792 Yunmei Energy 3 consecutive limit-ups Coal + Coal chemical + State-owned reform Small cap, low price, coal mainline leader 83 Sector leader In the extreme ice point market, 3 consecutive limit-ups against the trend, coal sector was the only mainline sector to rise, high dividend defensive attribute clear, strong investor consensus, complete limit-up tiers. If the coal sector’s defensive attribute persists, further height extension is possible; if sector rotation or fund consolidation occurs, risk of correction exists, monitor mid-tier sector support.

600123 Liaoning Energy 2 consecutive limit-ups Coal + Wind power + State-owned reform Small cap, low price, coal mainline core 79 Trend leader Second-highest in the coal mainline, forming a tier with Yunmei Energy, rising against the trend during extreme ice point, stable capital support, clear defensive properties. As a sector rebound target, its performance is influenced by the leader; if the leader exceeds expectations, it may continue strong; if the leader diverges or sector rotation occurs, watch for early correction.

601011 Shaanxi Coal Industry First limit-up Coal + High dividend + State-owned Mid-cap, core of coal mainline, institutional heavy 77 Trend mid-tier Core mid-tier in coal sector, with a billion-market cap, rising against the trend, large institutional inflow, supporting sector trend, a stabilizer in extreme ice point. Its performance is relatively stable, but if sector enthusiasm wanes or funds shift, it may decline with the sector; monitor northbound and institutional inflows.

000552 Jingyuan Coal Power First limit-up Coal + Thermal power + State-owned reform Small cap, low price, coal rebound at low levels 73 Low-level rebound Low sector start, marginal improvement clear, high safety margin, resonating with coal mainline, breaking through the ice point against the trend. If sector heat continues, potential for multiple limit-ups; if sector rotation occurs, a quick profit-taking or one-day rally is possible, watch next day’s volume support.

【Ice Point Test Position / Target Pool (standard rules + new high-score announcements)】 Core selection rules: System score ≥70, covering contrarian leaders, high-score first limit-ups on ice points, oversold high-score targets, and high-margin improvement announcements; priority from high to low.

Code Name System score Core catalyst Model rating 601699 Lu’an Environmental Energy 93.65 82.22 billion bid for 44.7 million tons of high-quality coke coal exploration rights High-quality leader 600396 Huadian Liaoning 91 6 limit-ups crossing extreme ice point, power mainline leader High-quality leader 300054 Dinglong 86 High-end photoresist mass production, domestic substitution breakthrough High-quality leader 600522 C天科技 83 Won 6.378 billion offshore wind contract Key observation 600792 Yunmei Energy 83 3 consecutive limit-ups, coal mainline leader, against trend Key observation 002468 Junsheng Electronics 79.8 Acquisition of core assets minority stake, profit irreversible increase Key observation 002192 Rongjie 78 11 billion investment in anode material project, industry chain extension Key observation 300497 Fuxiang Pharma 77.7 Q1 net profit pre-increase over 22 times, new energy materials surge Key observation 001203 Dazhong Mining 73.45 Cross-sector cooperation on 200,000 tons lithium salt project Follow-up target 4. Complete Limit-up Ladder (Extreme Ice Point crossing targets) Space sector (6 limit-ups, highest in the market) : Huadian Liaoning (600396, power / green energy / SOE) — core of extreme ice point crossing, score 91 Three-tier ladder : Yunmei Energy (600792, coal / SOE reform) — coal mainline leader, score 83 Two-tier ladder : Liaoning Energy (600123, coal / wind power) — core of coal mainline, score 79 First limit-up core (score ≥70) : Shaanxi Coal Industry, Jingyuan Coal Power, Shanmei International (coal mainline); Yin Xing Energy, Gannan Energy (power mainline) Core features : Under extreme ice point conditions, only coal and power defense mainlines form complete tiers; other sectors lack sustainability. Capital is highly concentrated in risk-averse assets. Only high-score crossing leaders and high-margin announcement targets are suitable for testing positions.

Eagle Eye Commentary: Not checked in detail whether data is distorted.

Thoughts on previously mentioned Huate Gas Mainly because some friends heard my recommendation to buy, and after an announcement, I worry. I also feel uneasy but have floating gains, so I try to be objective. Thinking from several angles:

1. Primary reason: Strict regulatory requirements on Sci-Tech Innovation Board (STAR Market). Not complying would trigger disclosure violations. According to the “Shanghai Stock Exchange STAR Market Listing Rules” and “Information Disclosure Management Measures,” after abnormal stock price fluctuations, listed companies must fulfill two legal responsibilities; otherwise, regulatory measures, integrity record entries, or investigations may follow. They must verify rumors/media reports causing the fluctuation and publicly clarify. Prohibit exploiting market hot spots or rumors for “hotspot riding” disclosures, exaggerating impacts on performance, or misleading investors. Specifically for this event: The core rumor is “Huate Gas helium products significantly price-increased, performance will explode.” The company must respond legally, not evade, not obscure, and not amplify the rumor. STAR Market’s regulation on “hotspot riding” is stricter than the main board. If the company states “price increase has major performance benefits,” it could be seen as “improper influence on stock price via market hot spots,” leading to inquiries, monitoring, or suspension. The company’s final wording: “Sales proportion of related products is limited, price adjustment is limited, and the impact on full-year 2026 performance is limited,” is a standard compliant response, driven by regulatory rules, not a subjective denial of growth. This announcement is a routine template, similar cases exist historically. My understanding:
2. The company’s IR or secretary office usually handles this, using standard templates, no over-interpretation.
3. The company aims to avoid market hype and regulatory trouble.
4. Most orders are long-term contracts, which are not affected by spot market fluctuations; thus, the impact is limited (wording game). The helium gas bulk market, especially 6N grade, is very small, with very few high-grade products. But from Baichuan and Dongcai’s advanced data (assuming no errors), long-term contracts have been increased in price. The rumor targets spot market prices (wording). Spot helium gas is not reported or shipped, so impact is limited. The core logic is in long-term contracts. The key point now is: How much 6N helium gas exists? Others are less relevant. Also, today’s decline is normal; besides Lao Zhang, all others are quantitative, but the long-term logic remains unchanged!