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By the end of the year, large institutions and public and private funds are facing year-end settlement, profit and loss, ranking, etc., so they feel that they are urgently selling and cashing. In the middle and late December, we will also face the delivery of stock index futures and ETF options, so the demon owner is not optimistic about the index in the short term.The decline cycle is at least 8 trading days, and next Monday is the fifth trading day. There may be a backlash, but personally, the probability of bottoming out is not great, and it will continue to fall.

The first support level: 20 moving averageThe third support level: 60-day moving averageThe third support level: 60-day moving average

The decline of the index can only be played in small positions. When the index starts to stabilize and rebound, it can gradually increase the position.Recently, there is a popular way to play: none of the word boards relay, only relay to change hands. For example: Yiming Food, Rishang Group, etc., you can get out of the height by changing hands. Therefore, the word board is easy to kill, and the old irons had better not participate in the stock relay of the word board.At the end of the year, big money began to be put into storage with swords and guns.