A-share Market Outlook: Reversal or False Signal? Key Lies in Tomorrow's Signal

Regarding the future trend of A-shares, the core judgment anchors on the 3936 neckline and two key factors of trading volume, with specific views as follows:

If tomorrow the index tests the 3936 neckline without breaking it, and the trading volume maintains an effective level without decreasing, it can be confirmed that a new wave of reversal has started, and around 3936 will be an excellent opportunity for a second entry. The rebound height may first look at the 3985 resistance level, and after breaking through, it is expected to challenge the previous high of 4034.

On the contrary, if tomorrow the index directly breaks below the 3936 neckline, or shows a significant decrease in trading volume, or fails to close above 3936, it means that the current rebound phase has officially ended, and the market will enter a new round of consolidation cycle. The target for consolidation can be focused on the 3900 area, and at that time, consideration can be given to gradually buying low.