The market performed very strongly before noon today. Although there was a pullback in the afternoon, despite the decline, the number of stocks that surged did not decrease, and trading volume continued to increase. This indicates a healthy trend. According to Liu Weiqi from Hexun Investment, it is important to note that a 60-minute high dullness has appeared here. If the market continues to rise, it will form a daily-level high dullness, which is quite significant. We should watch for a potential bearish divergence. If a bearish divergence forms, some defensive actions may be necessary. As long as the price remains above 4087 and before the bearish divergence forms, we will continue to maintain a bullish outlook.
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Hexun Investment Advisor Liu Weiqi: After the index surges, it pulls back slightly. Will this trigger a daily divergence?
The market performed very strongly before noon today. Although there was a pullback in the afternoon, despite the decline, the number of stocks that surged did not decrease, and trading volume continued to increase. This indicates a healthy trend. According to Liu Weiqi from Hexun Investment, it is important to note that a 60-minute high dullness has appeared here. If the market continues to rise, it will form a daily-level high dullness, which is quite significant. We should watch for a potential bearish divergence. If a bearish divergence forms, some defensive actions may be necessary. As long as the price remains above 4087 and before the bearish divergence forms, we will continue to maintain a bullish outlook.