the market is the likelihood of effectiveStage at the inflection point. Technical point of view

Cabinet shock tests early lows next week trend trend in s flat next week interval of 2330-2450 hot real estate sector the focus next week next week the IPO Zeng Xianzhao this week-Everbright securities stock indexes continue to adjust to the rhythm, breaking down the huzhi key support 2,400 points. International Board launched the pressure of expectations, the IPO,Decline in economic growth is leading to a-shares continued weaker reasons. Although HSBC PMI released initial view, the beginning of the current economic decline accelerated, but real estate prices fall to begin, in the GDP growth rate is still relatively high levels of cases, the monetary authorities might not ease monetary right away to meet the economic decline. First, the central economic work Conference has not calledOpen, focus on next year's economic layout that does not have a clear monetary policy trend of uncertain and, second, in front of the Senior General, policies less chance of drastic change, stable base rather than high speed economic growth are more willing to be accepted by the new Government; third, Shibor and overnight rates upward in the week to a week and 4.0192%, fundsDid not show any trend of easing. We believe that the acceleration of inflation is often an economic downturn in the early fall period, a listed company's profit growth would accelerate the dip in the first quarter, part of the growth of bad companies are still faced with the challenge of a-shares markets during this period was difficult to get out of a strong, through the impact of this phase, after policy easing by increasing, the market is the likelihood of effectiveStage at the inflection point. Technical point of view, of shocks since 3,067 points down after rail failure on the channel, stock indexes are included in the interval box turbulence, now weak pattern does not have effective cooperation more difficult to break, at the end of funding relative does not loose pattern, market focus is only on event opportunities, continuing weaker. We believe that the old republic power leveling, with the volumeFurther shrinking stock indexes have inverse or pulse rebounded, with opportunities, but the trend of turning points still did not produce. (Everbright securities Zeng Xianzhao) Gold-line statement: Gold-line reproduced above star wars the old republic power leveling, does not indicate that confirm the description for investor use only and does not constitute investment advice. Investors a basis for action, at your own risk.