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Phenomenon 2, the Shanghai Composite Index has not fallen below the 5-day moving average today, indicating that the trend is still rising. Look at the 60-minute trend chart of the Shanghai Composite Index above. After A shares fell at 3674 points in October, the first low point was at 3150 points, the second low point was at 3227 points, and the downward trend line of the two low points was at 3350 points.According to statistics, after the surge at the end of September, up to now, there are nearly 4900 stocks that have risen by more than 10%. If calculated in October, there are 2,707 stocks that have risen by more than 10%. In addition, 4,059 stocks have risen since October.

Phenomenon 1, found no, A shares have lasted for 50 trading days, and the turnover has exceeded one trillion yuan. Today's turnover is 2.2 trillion yuan.The reason is that the overall trend of the stock market is that it does not support accelerating the rise, and there is selling pressure when it rises too fast. Since the decline in October, it has rushed back after sideways, and every time it accelerates, it accelerates the decline the next day. It shows that A shares are still in the market of washing dishes. Before the washing dishes are over, today's surge will not continue to climb.The first high point after the previous decline was at 3400 points, the second high point was at 3500 points, and the rising trend line was above 3550 points.

From this point of view, the lowest point of this stock market decline will not fall below 3350 points, and the highest point of the rise is above 3550 points. After today's close, A shares are at 3422 points, and the turnover of the stock market in December has been the same as that in November, so there is hope to continue to enlarge the rising height in the future.To sum up, the rise of the stock market this time is not over yet. Although there are signs of adjustment in the short-term trend, it will not change the upward trend of A shares.