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The Shanghai Composite Index opened higher and went lower, hitting 3,500 points and failing, with turnover exceeding 900 billion.

The Shanghai Composite Index opened higher and went lower, hitting 3,500 points and failing, with turnover exceeding 900 billion.The Shanghai Composite Index opened higher and went lower, hitting 3,500 points and failing, with turnover exceeding 900 billion.

On Tuesday, the A-share market showed a trend of high opening and low going. The Shanghai Composite Index opened 88 points higher in the morning, but it fell back by 50 points in intraday trading. Although the Shanghai Composite Index turned red and rose, the daily K-line of the Shanghai Composite Index closed at the Yinxian line, and the Shanghai Composite Index failed to hit 3500 points. Judging from the trend of daily K-line, the Shanghai Composite Index is still steadily rising along the short-term moving average, and the five-day moving average is an important support for the Shanghai Composite Index this week; At the same time, the daily K-line of Shanghai stock index has been stable above the 20-day moving average for a week, which shows that the medium-term Shanghai stock index is still in a strong range. In my opinion, the risk-averse nature of the main board market is still the strongest. The blue-chip stocks with stagflation in the main board market and the industry leaders with oversold are expected to make up for the increase in the future.The Shanghai Composite Index opened higher and went lower, hitting 3,500 points and failing, with turnover exceeding 900 billion.