A-shares stabilize at 3929.25 points, two major signals reveal market context for future layout anchored on main lines
【Wednesday midday review: U.S. stocks strongly transmit to boost A-shares, sector rotation heats up, Thursday may welcome a directional selection window】
Overnight, the U.S. stock market continued its strong performance, with the three major indexes achieving four consecutive gains, and the S&P 500 index even refreshed its historical closing high, creating a positive external environment for the A-share market.
In the morning session, the three major A-share indexes collectively turned red, maintaining a narrow range of fluctuations overall. The market exhibited distinct structural characteristics, with the yellow line representing thematic stocks consistently running above the white line representing heavyweight stocks, highlighting the profit-making effect advantage of thematic directions. By the end of the midday close, the number of rising stocks in both markets exceeded 3700, and market sentiment was in a warming channel. However, it should be noted that the trading volume in the morning session shrank compared to the same period of the previous trading day, reflecting a cautious wait-and-see attitude of the funds in the market, which has not yet opened a full offensive mode.
From the hotspot rotation trajectory, the main direction of funds is clear:
The commercial aerospace sector strongly reversed yesterday's adjustment, with the sector's heat soaring again, among which Shenjian Co. achieved five consecutive boards, and China Satellite surged to the limit, becoming a benchmark for leading market sentiment;
The hard technology track is blooming in multiple points, with Shenghui Integration in the chip field achieving three consecutive boards, AI hardware target Invidtech refreshing a new high for the stage, while robots, storage chips, and other sub-sectors synchronously strengthened, forming a linkage effect;
Regional themes and consumer sectors are also unwilling to be outdone, with individual stocks in the two major regional sectors of Fujian and Hainan achieving consecutive board relays, adding diverse vitality to the market.
Technical analysis shows that the market is strongly fluctuating above the integer level of 3900 points and the 20-day moving average, with the trend in line with market expectations. Although the 15-minute level chart shows a top divergence signal, the intraday MACD indicator has the possibility of completing a golden cross above the 0 axis, which means that the current adjustment belongs to a small-scale strong consolidation and has not changed the short-term upward trend.
In summary, the market is highly likely to continue a rising fluctuation pattern in the afternoon, and the key time point for the market's "resonance upward change" may fall on Thursday. Currently, A-shares are in a stage of rapid rotation, with a fast rhythm of sector switching, making it easy for ordinary investors to face the risk of missing out or being trapped by blindly chasing high. It is recommended to anchor the two core main lines of "big technology" and "big cycle," adopting a strategy of buying on dips, and patiently waiting for the comprehensive launch of the spring market.
