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This morning's A-share market movement once again confirms the previous technical analysis.
From the opening situation, the three major indices all opened lower but quickly rebounded. Specific data: the Shanghai Composite Index opened down as much as 0.48%, then showed a clear rebound; the Shenzhen Component Index rose by 0.44%, the ChiNext Index increased slightly by 0.12%, and the Shanghai Composite Index rose slightly by 0.11%. This "opening low and rising" pattern is exactly the trend characteristic predicted earlier.
Reviewing the analysis approach after yesterday's close, the key judgment focused on the SSE 50 Index. This indicator was clearly marked as expected to form a small positive line earlier, and today's actual movement verified this technical inference.
What’s next? Since the index can hold steady at the current level, the market has not yet fallen into excessive pessimism. The Shanghai Composite Index may later form a sideways consolidation pattern above 4098 points—that is, it won't see a sharp rise nor turn into a sharp decline, but will start oscillating within a certain range. This kind of consolidation process is often the preparatory stage for subsequent market trends.
From a technical perspective, the key is whether this range can be effectively broken through.