Guosheng Securities: Daily-level corrective market may have started

On June 27th, Jinshi Data reported that Guosheng Securities’ research report on June 27th stated that from a technical perspective, after the index fell below the 144-day moving average and continued to explore the bottom, market sentiment was once pessimistic and panicked. However, a relatively iconic bullish line appeared in the previous trading day. If it continues to rise today and effectively breaks through the psychological barrier of 3000 points, it may initiate a round of repair market. From the weekly perspective, the KDJ index has reached the lowest level in history, and the K-line has formed a bottom-up trend. There is a high probability of short-term index repair and rise. The current market is still in a period of observing the three major signals of policy, price, and external factors. In a state where external signals tend to be complex, internal signals are weak, and policy signals need to be clarified, the market may continue the pattern of stock game. In the stock environment, previous dividends have also undergone adjustments. In terms of structural selection, dividends are still a high-winning rate choice suitable for bottom positions after pullbacks. In addition, opportunities for risky assets will still exist, mainly in limited cyclical growth and with certain rotational attributes.