# He Xun Investment Advisor Xu Changping: Indicators That Don't Lie

SadMoneyMeow · 2026-03-22T06:55:27+00:00

The article analyzed market sentiment and capital flows between 9:35 and 9:55 after market opening, with a focus on introducing the use of turnover rate as an observation indicator. Different turnover rate ranges correspond to different operational strategies to guide investors on how to participate in the market and adjust their positions.

SadMoneyMeow

2026-03-22 06:55:27

Abstract generation in progress

The period from 9:35 to 9:55 after the market opens is a critical window for observing market sentiment and capital flow. Early well-known trading figures like Zhang Mengzhu have relied on this indicator to gradually build their trading systems during downturns. This indicator is simple and straightforward, especially suitable for office workers who don’t have time to monitor the market continuously—it is the turnover rate.

Trading volume may be distorted by wash trades, but the turnover rate more accurately reflects a stock’s activity level and capital participation. Different turnover rate ranges correspond to different trading strategies, as detailed below:

Less than 3%: Indicates a lack of capital interest and low popularity; can be temporarily ignored.
3% to 7%: Usually institutional testing positions; small participation is recommended.
7% to 10%: Requires close attention; suggest participating with about 30% of your position.
10% to 15%: Speculators begin to intervene, often accompanied by good profit opportunities.
15% to 25%: Signals a resonance of popularity and heat; high probability of a main upward trend starting; consider participating with about 60% of your position.
Over 30%: Caution is advised; usually indicates overheating or approaching a short-term top, and gradual liquidation should be prepared.

(Author: Zhang Yan)

【Disclaimer】This article only reflects the author’s personal views and is not related to Hexun.com. Hexun.com maintains neutrality regarding the statements and opinions in this article and does not provide any explicit or implicit guarantees regarding the accuracy, reliability, or completeness of the content. Readers should use it as a reference and bear all responsibilities themselves. Email: news_center@staff.hexun.com

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes