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Hexun Information Guo Xuguang: Hundred-point long rally + foreign capital inflow, are good days coming?
External positive news supports the big A to rise by over a hundred points in a long rally, everyone is also breathing a sigh of relief, so can it continue to go up tomorrow?
Guo Xuguang from Hexun Information said that first, today’s intraday chart shows a very steady upward trend, and at the same time, the trading volume is also steadily increasing. When these two are combined, it indicates one thing: the selling pressure has been fully absorbed. Therefore, the main force’s attitude of going long today is very firm and consistent. This is a very good signal; the main force has collected many chips at this level. So, if they want to profit later, what should they do? They need to push higher. Of course, we also cannot ignore that in the short term, there will be some resistance from the bears, with some uncollected chips needing space and time. But overall, the trend is definitely from bearish to bullish. Why am I so sure?
There is one factor behind this: the upcoming movements of foreign capital. Today, the offshore exchange rate broke through a new high again, so we need to pay attention. The valuation premium brought by foreign capital inflows is highly probable. For everyone, the liquidity boost will likely make the days ahead much better. The difficult days may be coming to an end, so let’s seize the opportunity together moving forward.