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—— The Shanghai Composite Index continued to rebound along the 5-day moving average, making it a MACD golden fork at the time-sharing level of 30 minutes. In addition, the current 5-day moving average and 10-day moving average are also in a long position, and they have been running above the 20-day moving average for six consecutive trading days. All this means that the upward trend is steadily forming.

-Catalyzed by the news that personal pension fund products were included in index funds and were fully implemented on December 15th, it directly broke the pattern of long-term consolidation after opening near midday. In the afternoon, as the willingness of retail investors to chase high into the market became stronger, the kinetic energy of institutional smashing was significantly reduced, which made the late session not only fall back, but also have some accelerated actions.-Catalyzed by the news that personal pension fund products were included in index funds and were fully implemented on December 15th, it directly broke the pattern of long-term consolidation after opening near midday. In the afternoon, as the willingness of retail investors to chase high into the market became stronger, the kinetic energy of institutional smashing was significantly reduced, which made the late session not only fall back, but also have some accelerated actions.-Catalyzed by the news that personal pension fund products were included in index funds and were fully implemented on December 15th, it directly broke the pattern of long-term consolidation after opening near midday. In the afternoon, as the willingness of retail investors to chase high into the market became stronger, the kinetic energy of institutional smashing was significantly reduced, which made the late session not only fall back, but also have some accelerated actions.

In short, the FTSE A50 index fell by 0.89% overnight. Therefore, Zhuge Mi predicted that Friday's market would open slightly lower, and then oscillated downward, gaining support from the 5-day moving average and stopping the decline.