SSE Index Short-wave Daily Gann Matrix Analysis (2024)

I. Market Review and Primary and Secondary Bases

Time Range: February 5, 2024 to May 20, 2024

Price Low: RMB 2635 (February 5)

Price High: RMB 3176 (May 20)

Band High: 3176 points as the high point of this wave of market, is regarded as the primary and secondary bases for subsequent analysis.

II. Gann Time Focus

Time Turning Point: September 23, 2024

Significance: This day is a key node in Gann's time cycle, which may trigger a change in market trends.

III. Price and Time Turning Golden Observation Position

Price Range: RMB 2650-3630

Significance: This range is regarded as the golden observation position for time and price turning points, and the market may form important support or resistance within this range.

Operational Suggestions: You can enter the warehouse appropriately to arrange long positions, but you need to pay attention to risk control.

4. Pi position and position adding points

Pi position: 2490-2510 point range

Determination method: By connecting the high point of 3176 points and the low point of 2635 points, it is determined by using the relationship of Pi in Gann theory.

Operation suggestion: This range can be used as a key layout area, and consider adding positions to enter the market with long positions.

5. Target price

Short-term target: 3100 RMB points

Long-term target: 3700 RMB points

Significance: These prices are potential targets based on Gann matrix analysis, but it should be noted that the actual market situation may be different.

6. Summary and operation suggestions

Summary: The trend of the Shanghai Composite Index in 2024 may be affected by the dual influence of Gann time cycle and price turning point. Investors should pay close attention to market dynamics and price changes.

Operation suggestion:

Appropriately enter positions in the range of 2650-3630 points for long positions.

If the market pulls back to the range of 2490-2510 points, consider adding positions to enter the market with long positions.

The target is 3100 RMB and higher price 3700 RMB, but the strategy needs to be adjusted flexibly according to the actual market situation and risk management should be emphasized.