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The decline cycle is at least 8 trading days, and next Monday is the fifth trading day. There may be a backlash, but personally, the probability of bottoming out is not great, and it will continue to fall.The first support level: 20 moving averageThe third support level: 60-day moving average

In fact, I had a hunch that the Yinxian line would be closed on Friday. What I didn't expect was that it actually fell sharply. On Wednesday and Thursday, the two Xiaoyang lines seemed to break through upwards, and the demon master saw through the trick of attracting more funds from the main fund. This can be seen from the trend of FTSE A50 that the index can't break up. If it can't break up, it will definitely choose to fall.On Friday, all the major indexes closed at the big yinxian line, and it was actually heavy! The turnover of the two cities reached more than 20,000 yuan. It is conceivable how urgent it is for funds to flee!By the end of the year, large institutions and public and private funds are facing year-end settlement, profit and loss, ranking, etc., so they feel that they are urgently selling and cashing. In the middle and late December, we will also face the delivery of stock index futures and ETF options, so the demon owner is not optimistic about the index in the short term.

Although the index is not optimistic, the probability of a big drop is not great, because it should be "stable". Therefore, it is more likely that the index will fluctuate sideways and fall slightly.In fact, I had a hunch that the Yinxian line would be closed on Friday. What I didn't expect was that it actually fell sharply. On Wednesday and Thursday, the two Xiaoyang lines seemed to break through upwards, and the demon master saw through the trick of attracting more funds from the main fund. This can be seen from the trend of FTSE A50 that the index can't break up. If it can't break up, it will definitely choose to fall.The third support level: 60-day moving average