Hexun Investment Advisor Li Yongxi: 3.23 A-share Midday Review! Closing above 3950 in the afternoon!

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Is there still a sell-off today? Can today’s closing price stay above 3950?

In this morning’s live broadcast, I emphasized that there will first be retail investors’ panic selling. Because on Saturday and Sunday, there were too many negative news, and investors are very scared. This morning, there was a sell-off, with the lowest point reaching 3866. Will there be another sell-off during today’s trading? I think so. Why do I say that? Because during this morning’s session, the main funds’ inflow was clearly insufficient, and the selling pressure was not strong enough. This could trigger a second wave of panic selling, forcing retail investors to cut their losses again, achieving the main goal, which will then lead to a genuine, strong upward rally.

Why do I believe today’s close will be above 3950? To make those who are holding losses regret their decision, and after a series of positive candles in the future, to encourage them to chase the rally and buy again. This level is essentially the main players’ strategy to profit from the difference. Remember, don’t rush into trading at the open; observe more and wait patiently. Only when the line moves straight upward and the main funds arrive should you follow along to get in on the move.

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