The trading volume of the two cities has dropped back below 500 billion, with only 499.6 billion today, a contraction of 28 billion compared to yesterday, and domestic capital fleeing by 10 billion.

Yesterday afternoon, mysterious funds intervened, and the index barely closed in the red.

The same formula, the tail end of the trading session was still the masterpiece of a certain team.

How far can a market rely on a certain team to survive?

Despite the strong performance of the index, except for the Shanghai Composite Index falling by 0.82%, the other three major indices all closed up, with the ChiNext Index up by 1.19%, and the STAR 50 up by 0.65%.

However, individual stocks fell in a mess; only 1,600 stocks rose, 35 stocks hit the daily limit, 3,548 stocks fell, and 30 stocks hit the daily limit down.

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The number of stocks hitting the daily limit was 14 less than yesterday, and the number of stocks hitting the daily limit down was basically the same as yesterday, with no profit to speak of.

Looking at the performance of individual stock gains and losses, there were only 146 stocks with gains of more than 4%, and similarly, only 133 stocks with losses of more than 4%.

That is to say, there are not many stocks that have fallen sharply or risen sharply.

Most of the stocks that have hit the daily limit down recently are the previous demon stocks.

For example: Xin Ya Process, which had the highest of five consecutive daily limit-ups, has now hit three consecutive daily limit-downs; Da Zhong Transportation has hit three consecutive daily limit-downs, Shanghai Jiu Bai, which had three consecutive daily limit-ups, hit the daily limit down in seconds today, and Ke Sen Technology, which had ten consecutive daily limit-ups, has also hit three consecutive daily limit-downs.

Beautiful Life, which had five consecutive daily limit-ups, has hit two consecutive daily limit-downs.

Recently, it has been constantly reminded not to chase the stocks of speculative capital, many of which hit the daily limit-up the day before and hit the daily limit-down the next day, killing directly without giving a chance to escape.

It is estimated that those who are now stuck in it will not be able to come out without shedding a layer of skin.

There is nothing to say about the overall market.

Today, the trillion-dollar club collectively fell sharply, and among the top 12 stocks by total market value, only Kweichow Moutai and CATL closed up, with the rest falling mostly between 2%-3%, leading to the overall market continuing to hit new lows.

As long as these "elephants" do not stabilize, the overall market will not stabilize.

It is still in a situation where there are new lows after new lows, focusing on the support at 2700 points.

Looking at the daily line chart of the four major banks, ICBC and CCB have already stepped back to the half-year line, where there is support, and there may be a short-term rebound.

In terms of sectors, lithium batteries, lithium mines, new energy, and small metals led the two cities, with the energy metal sector up by 5.67%.

However, only Yongshan Lithium, Weiling Shares, Ganfeng Lithium, and Tianqi Lithium four stocks hit the daily limit.

These stocks have been cut in half and then cut again.

Ganfeng Lithium fell from 158 yuan to 25 yuan; Tianqi Lithium fell from 148 yuan to yesterday's closing price of 25 yuan.

So today's daily limit-up is a rebound from oversold, and there is no continuity.

Today's leading decliners are the ones that led the rise yesterday, including internet e-commerce and combustible ice.

In addition, banks, retail, and pharmaceutical commerce are among the leading decliners.

The technology that rose sharply yesterday is nowhere to be seen, replaced by the oversold power battery.

This "punch-in" rotation has no profit effect.

As long as you dare to chase hot spots, you will be injured and have no room for operation.

A shares continue to fall, and the bond market, known as the "bear market haven," is hot.

In the past few days, whether it is the 30-year, 10-year, 5-year, or 2-year government bond main connection, it has set a new high.

Although A shares are weak, the market has recently shown some positive signals.

For example, Wang Wang team is no longer only buying the four major banks, but has started to buy goods comprehensively.

It started to buy technology from the day before yesterday, and today it is batteries and new energy.

More importantly, the funds are buying industry leaders, such as in artificial intelligence: Xin Yisheng, Zhongji Xu Chuang, Tianfu Communication, China Software, Industrial Fulian, Zhongke Shuangyang; in new energy: Sunshine Power, CATL, BYD, Longji Green Energy, Yiwei Lithium Energy, Ganfeng Lithium, Tianqi Lithium, China Mining Resources, etc.

This means that a certain team has started to build positions at the bottom, and once the timing is ripe, it will inevitably go out of a trend similar to the four major banks.

So in the short term, we need to pay close attention to the leading enterprises in various industries.

The market is never short of opportunities.

Jesse Livermore, known as the stock master, once said: both bull and bear markets can make money in the market, but pigs will be slaughtered.

There are no bulls or bears in the stock market, only the right side.

Looking at the current market, the Shanghai Composite Index is dragged down by the previous sharp rise of the four major banks, but the space for sharp killing is limited; the Shenzhen Stock Exchange, and the dual-creation index have already shown signs of stabilization, so it is not too pessimistic in the short term, but can operate in a small position and maintain linkage with the market.

Investment has risks, and entering the market should be cautious!