Hexun Investment Advisor Li Yongxi: Wait for Straight Upward Movement, Follow When Main Force Capital Enters

On March 23, Li Yongxi from Hexun Investment Advisory stated, “Will there still be a sell-off today, and can the closing stay above 3950?” During his live broadcast this morning, he emphasized that due to the many negative news over the weekend, investors are fearful, leading to retail investors panicking and causing a dip to 3866. Regarding whether there will be further sell-offs during today’s trading session, he believes there will be, because the main funds’ inflow and selling pressure in the early session are not strong enough, which could trigger a second wave of panic selling, forcing retail investors to cut losses again. Only after achieving this will a genuine strong rally occur. He predicts the closing will be above 3950 to make those who sold off regret it, and after consecutive bullish candles, to encourage them to chase the rally. This level is essentially a price difference created by the main players. He warns not to trade immediately at the opening of the session at this level; instead, observe more and avoid rushing into action. Wait until the market moves sharply upward and main funds enter before following up.