digital currency exchanger Top Reviews

After-hours, personal pension will be expanded to broad-based index products, which is the China version of 401k! At present, there are about 65 million people opening personal pension accounts in China. If the average person pays 6,000 yuan a year, the annual deposit scale is about 150 billion yuan, which is a great incremental fund. If people can make money steadily for a long time, more people will buy personal pensions (tax deductible), thus promoting the slow growth of the stock market.However, to put it bluntly, most retail investors are positioned at the bottom of the stock market and are the weakest side in the short-term game. If you are not convinced, you can ask yourself: Are you sure that all the information you get is accurate first-hand information, not second-hand information that has been spread all over the world and it is difficult to tell the truth from the false? Are you sure you can really overcome human nature, be more ruthless than institutions and most retail investors, and strictly abide by trading discipline?Take the monthly index in the above figure as an example to illustrate:

Therefore, in the near future, everyone should continue to avoid the big ticket of institutional+foreign heavy positions and let them play by themselves. Let's make a small U-turn. Now there are enough market themes. Just focus on one or two core optimistic directions (technology and consumption), and don't switch frequently. Grasp the rhythm and the probability of making money is still very high.1. Individual pension funds will be expanded to broad-based index products.Now the market pricing power is still in the hands of hot money+quantification+retail investors. Hot money pulls demon stocks, robots, AI and other themes every day, and it's fun to play; Quantifying the direction of pulling small-cap stocks and low-priced stocks every day also earns a lot of money. The institution is very embarrassed, and it is still in the negative cycle of locking up-redemption-selling to deal with redemption-continuing to lock up. Occasionally, one day, the institutions will explode and usher in a greater redemption. They can only continue to sell and bear the stigma of smashing the plate.

In the past two months, domestic capital has flowed out by more than 1.5 trillion yuan. There are mainly three types of funds flowing out. First, some new investors who came in in October stopped playing. The second is that institutional funds run away, and the third is the reduction of industrial capital+size. In a word, institutions must be one of the forces of market smashing. This round of market is not that institutions don't believe in bull market, but that people don't believe in institutions. If they can't get money, they naturally have no market pricing power.After the imperial court, the Milky Way started to accelerate again, and December was a month of harvest!The above four long-term technical indicators all show that the market trend has changed, from bears to cattle. As far as the general direction and technical indicators are concerned, the market is now on the road to a bull market, and I think the probability is 100%, and there is no contingency.