digital reserve currency, Knowledge

Why is this?The index is basically approaching the 900 line in a very slow way, that is, approaching the top of the sideways. However, it is very interesting that the current trend of the GEM index and the quarterly line below have actually formed a parallel state.Why is this?

Because the growth enterprise market index has been closely bonded with the short-term line, usually at this time, the market is in the direction. If there is no way to recover the decline at the end of today, at least, this wave of market will go down to the vicinity of the quarterly line.On the other hand, if you look at the Growth Enterprise Market Index, you will find a phenomenon. Although the Growth Enterprise Market Index has been rising for more than ten trading days, the increase rate is very weak. The data shows that the Growth Enterprise Market has increased by less than 4% in the last 15 trading days.From the perspective of the disk, games, ice and snow industry, cultural media and other sectors have seen a wave of rising prices, while the previously strong insurance, real estate, and securities sectors have gone out of a wave of obvious declines.

If these two sectors can't escort, the market will probably fail, so we should pay attention to today's risks.In fact, the current GEM index is in the middle of the sideways, and it still runs in the sideways. However, after the seasonal line moves, the bottom of the sideways is also raised, which leads to the next GEM. The closer it is to the bottom of the sideways.