Is the market maintaining a volatile consolidation pattern and a pullback a good opportunity for low absorption? | Midday Market Discussion

Shenzhen Qifu Investment Advisor Liu Kuijun said that after the holiday, the Shanghai Composite Index broke through the long suppressed annual line, establishing a positive trend in the middle line. However, the continuous upward volume is insufficient, and market sentiment is slightly cautious. Short term pullbacks are needed to confirm the effectiveness of the annual line breakthrough. Against the backdrop of a positive trend in the middle line, a retracement constitutes a good opportunity for low absorption. Qiu Yu, an investment advisor at Guojin Securities, believes that currently the two markets are volatile, and it is possible to consider light index heavy individual stocks, and attach importance to the opportunity for a correction in the direction of the first quarter performance increase and the opportunity for the recovery of low position sectors.