position control is crucial

Zhang Jian pattern of this week's a-shares continued weaker fall last week, Shanghai stock index down 1.5%, down 1.39% in Shenzhen market hotspots scattered turnover has shrunk dramatically. Investors raise one's head and look to look forward to rally further, in a tough economic backdrop but who died at home and abroad, a succession of Yin rebound fell engulfed most of the results. To this end, we need to know nowOverall global economic environment, as well as the subsequent evolution of the direction, this study is of great significance to the market trend in the middle line.　　2008 years more the current domestic and international situation swtor credits, the crisis level of magnitude. Look at the European debt crisis. On Wednesday, the euro fell to a 6-week low against the dollar, dollar rising against all 16 major rival currencies; Germany did not complete the largest pinSales target for 10-year note auction plan 6 billion euros, so that investors in Germany Treasury haven status in the region's debt crisis raises questions, Germany national debt hit an average yield of 1.98%. Germany plays an important role in the eurozone, according to their economic growth will slow next year. Other requests for assistance of the national economic situation also has furtherTrend of deterioration. European debt crisis solution is more complex, because it is in many countries of the Union, did not like the United States is the single national crisis, the Government can take quick measures. At present, the States to their own interests, often missing the best rescue time. We believe that the final solution will be protracted and that European debt problems, along with the deepening crisis, China's exports to Europe will beTo a certain extent. HSBC announced this week in November in China manufacturing purchasing managers ' index (PMI) initial value for 48 in October, representing a value of 51 down 3 points, hit a 32-month low. Index of index of new orders and output growth trend of the uniform changed in October, further into shrinking manufacturing sector activities. In addition, the input price index dropped to 432. continuing decline last month, inflationary pressures in the late show would be further eased.　　Exchange account for negative growth also led to liquidity tends to tension. In our view, this tied to tighten monetary policy this year, the downturn in China specifically, are at risk of a hard landing, Foreign Exchange account for negative growth. In this context, whoever you want end it. The current economicStatus for the Central Bank's monetary policy to fine-tune the directed easing providing operability. Investors still need to wait for the policy shift.　　The central economic work Conference, "growth" might be on the agenda, which the investors have a vision about the relaxation of monetary policy. The market itself, biggest ills is continuing to grow. Fortunately, the departments concerned have been aware of theThe problem, and started taking measures to support the long-term and healthy development of the market. In the context of being beset, shares trend reflects such pessimism.　　From a technical analysis perspective, the following three points of concern. First, long-period two months since the line from 3,478 rendered wave adjustment form, high and low are the next move. Rally this month subject to May line (currently 5Month lines at 2,500 points), long term averages all are arranged in short, means that the market rebound height is limited, thereby further probe into low requirement of seeking support. Secondly, from the fall follows that first wave 3,361 points to 2,319 points fall is 31%, simple contour projection from 3,067 point adjustment is still likely to be the low point of breakdown. This is also consistent with 3067 5 waves since complete fell forms, then could only be a contour levels rebound. Third swtor power leveling, short-term resistance fall rally in little space, die forks again on the 30th line 10th line, short-term averages are also arranged into short, 30th line is now point too close operability is unlikely. However, due to the weight unit has taken the lead in adjusting, Outlook index down spaceIs very low. Investors need to be against high prices and lack of performance support for small and medium-sized market capitalisation stocks.　　These stocks have strong value requirements, usually his last fall was the worst.　　Overall, in the case of market weakness without reversing, position control is crucial, investors need to be patient for the policy shift after the end of the market to come. (The writerAviation security analysts)