The Xiangcai Securities Research Report pointed out that most of the A-share indices continued to fluctuate and decline from October 19 to October 23, but the trend of the index showed a V-shaped reversal on the 23rd. The stock index fell below 3,600 points on the 23rd, then became stronger, and finally became popular on the same day, while the Shenzhen Securities Index and the GEM Index even stepped out of the Yangbaoyin pattern. Against the backdrop of a sharp decline in the A-share index until now, this single-day V-reversal is more of a sentiment repair. It is not a profit-driven overall reversal. The future market or the Shanghai Composite Index is at the bottom of the construction phase around 3,700 points.

The Xiangcai Securities Research Report pointed out that most of the A-share indices continued to fluctuate and decline from October 19 to October 23, but the trend of the index showed a V-shaped reversal on the 23rd. The stock index fell below 3,600 points on the 23rd, then became stronger, and finally became popular on the same day, while the Shenzhen Securities Index and the GEM Index even stepped out of the Yangbaoyin pattern. Against the backdrop of a sharp decline in the A-share index until now, this single-day V-reversal is more of a sentiment repair. It is not a profit-driven overall reversal. The future market or the Shanghai Composite Index is at the bottom of the construction phase around 3,700 points.