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Afternoon comment: In the morning, the A-share market surged back, the turnover of Shanghai stock market exceeded 400 billion, and the Shanghai stock index stepped back to 3400 points. Can A shares continue to rise in the afternoon? Can the Shanghai Composite Index stand at 3,400 points?The Shanghai Composite Index surged back and stepped back to 3400 points. In the morning, there was an obvious differentiation in the A-share market. The specific performance was that the Shanghai Composite Index closed up, while the other three major stock indexes closed down across the board. From the time-sharing chart, the Shanghai stock index in the morning also showed a downward trend. During the intraday trading, the Shanghai stock index rose by more than 20 points, but at the close of the morning, the Shanghai stock index stepped back to the integer mark of 3400 points. In the morning, the turnover of Shanghai stock market was about 410 billion, and it is expected that the turnover of Shanghai stock market will be around 680 billion today. Standing at 3400 points, the Shanghai Composite Index on the 20-day moving average needs to be increased in volume to confirm the effectiveness of the breakthrough market. As far as the current volume is concerned, this turnover is still not enough. Without the continuous amplification of turnover support, the Shanghai Composite Index will continue to rise and fall repeatedly, and the Shanghai Composite Index will fluctuate within a narrow range in the afternoon.

The rise of consumption theme is expected to be the basis for supporting the continued strength of the A-share market. In addition to hot topics, I noticed that the consumption topics in the morning also performed well. For example, medicine, household appliances, food and other sectors have also increased by about a point. The consumption theme is the oversold direction in the A-share market, and there are many blue-chip stocks with large market capitalization in the consumption sector. The oversold will rebound, and the consumer themes that have fallen for three years in a row are expected to go out of a stable rising market. At the same time, their rise is also the most promising to drive the A-share market to continue to strengthen. Blue-chip stocks with oversold consumption themes such as liquor, beverage manufacturing, medicine and household appliances deserve our long-term attention. They are the basis for supporting the steady rise of the A-share market in the future.

The rise of consumption theme is expected to be the basis for supporting the continued strength of the A-share market. In addition to hot topics, I noticed that the consumption topics in the morning also performed well. For example, medicine, household appliances, food and other sectors have also increased by about a point. The consumption theme is the oversold direction in the A-share market, and there are many blue-chip stocks with large market capitalization in the consumption sector. The oversold will rebound, and the consumer themes that have fallen for three years in a row are expected to go out of a stable rising market. At the same time, their rise is also the most promising to drive the A-share market to continue to strengthen. Blue-chip stocks with oversold consumption themes such as liquor, beverage manufacturing, medicine and household appliances deserve our long-term attention. They are the basis for supporting the steady rise of the A-share market in the future.The Shanghai Composite Index surged back and stepped back to 3400 points. In the morning, there was an obvious differentiation in the A-share market. The specific performance was that the Shanghai Composite Index closed up, while the other three major stock indexes closed down across the board. From the time-sharing chart, the Shanghai stock index in the morning also showed a downward trend. During the intraday trading, the Shanghai stock index rose by more than 20 points, but at the close of the morning, the Shanghai stock index stepped back to the integer mark of 3400 points. In the morning, the turnover of Shanghai stock market was about 410 billion, and it is expected that the turnover of Shanghai stock market will be around 680 billion today. Standing at 3400 points, the Shanghai Composite Index on the 20-day moving average needs to be increased in volume to confirm the effectiveness of the breakthrough market. As far as the current volume is concerned, this turnover is still not enough. Without the continuous amplification of turnover support, the Shanghai Composite Index will continue to rise and fall repeatedly, and the Shanghai Composite Index will fluctuate within a narrow range in the afternoon.The rise of consumption theme is expected to be the basis for supporting the continued strength of the A-share market. In addition to hot topics, I noticed that the consumption topics in the morning also performed well. For example, medicine, household appliances, food and other sectors have also increased by about a point. The consumption theme is the oversold direction in the A-share market, and there are many blue-chip stocks with large market capitalization in the consumption sector. The oversold will rebound, and the consumer themes that have fallen for three years in a row are expected to go out of a stable rising market. At the same time, their rise is also the most promising to drive the A-share market to continue to strengthen. Blue-chip stocks with oversold consumption themes such as liquor, beverage manufacturing, medicine and household appliances deserve our long-term attention. They are the basis for supporting the steady rise of the A-share market in the future.