Peripheral stock markets continue to rise, yet our A-shares remain indifferent, not following the upward trend of the external markets at all, and have helplessly watched the external markets rise over four trading days.

U.S. stocks closed higher overnight, with a broad rally in mid-cap stocks. Stimulated by this rise, A-shares opened higher across the board today, but the trend after the opening was quite disappointing, with high opening and subsequent consolidation. It seems that A-shares still have no prospects for today.

There's nothing to watch in A-shares, still no prospects

Based on today's market trend, the market is indeed weak, and A-shares have no prospects, mainly due to the following unfavorable factors:

1. Trend factor, the current Shanghai Composite Index is hovering around the new low of 2,845 points, and it is unclear whether this fluctuation is bottoming out or a continuation of the decline, so there is no prospect until the trend is clear.

2. Poor performance of heavyweight stocks, when the market loses the drive of heavyweight stocks, it cannot rise. For example, the securities sector opened high and went low, and without strong securities stocks, A-shares cannot rise.

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3. Volume constraints, the trading volume of the Shanghai and Shenzhen markets has shrunk again, already close to the low volume, and today's further reduction in volume makes it even less active.

4. Lack of profit-making effect in individual stocks, don't be fooled by the majority of stocks rising today, many of them are just slightly up, and they will turn down with a slight pullback in the overall market, and if individual stocks don't rise, there is even less prospect.Here's the translation of the provided text into English:

The A-share market has been hovering around new lows for four trading days, and it is likely to proceed as follows:

First: The market is bottoming out, which is essentially accumulating strength, but the probability of this scenario is quite high. It is very likely that this is a continuation of the downtrend, and there is a possibility that the market may still experience a volume increase to test the bottom before it can truly stabilize.

Second: After all, after a low volume, there will be a bottom price. Recently, the Shanghai and Shenzhen markets have returned to around 600 billion, and after this volume is maintained for a period, it will definitely increase again, forcing out the selling of shares at a loss before opportunities arise.

Third: The catch-up decline of heavyweight stocks has not yet ended. These stocks are neither supporting nor dragging down the market here, preparing for the next round of bottoming out.

Therefore, the trend of the A-share market is clear; there will be another round of bottoming out to find support. The reason is that the market bottom is not formed through a horizontal consolidation but is created by a rapid plunge. Thus, it can be affirmed that the current turmoil and consolidation in the A-share market are not about bottoming out but are a continuation of the downtrend.

Of course, the stock market is highly volatile and influenced by many factors. All predictions should be taken as a reference and should be based on the actual market conditions of the A-shares; follow the trend and act accordingly. #Article First Launch Challenge#