2026-01-09 03:33:39

This morning, A-shares collectively surged with increased volume. As of now, the Shanghai Composite Index is up 0.78% at 4116 points, the Shenzhen Component Index is up 1.2%, and the ChiNext Index is up 0.56%. 4116 has already become a high point for today.

Interestingly, this level closely matches the target forecast from a few days ago. Based on technical analysis, after falling from the historical high of 5178 points to the low of 2440 points, the 0.618 Fibonacci retracement level coincides exactly with 4132 points— a key level near the second-highest historical point. The current index is already very close to this expected target.

What’s more worth noting is the performance of trading volume. The morning trading volume exceeded 170 billion yuan compared to the same period on the previous trading day, a rare level of increase. At this pace, the total trading volume for the entire day could approach 3.19 trillion yuan. Looking at the 25-year history of A-shares, only four times has the trading volume broken through 3 trillion yuan, which clearly indicates a massive scale.

From these signals, the short-term trend may face a pattern of rising sharply and then pulling back. The specific development will depend on the performance after the morning close.

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OptionWhisperer

· 2h ago

0.618 is back again, can it really break this time? It's a bit uncertain, after such a massive volume, it's all the same... 3 trillion in transactions? Looks pretty fierce, but don't be fooled into overestimating I'm very familiar with the pattern of rising sharply and then falling back, old tricks The 4132 point level does seem significant, but the midday session is the real key

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ShibaMillionairen't

· 14h ago

A massive surge always comes with surprises. Be careful of a quick rise followed by a fall, brothers.

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ForkLibertarian

· 01-09 04:03

Massive trading volume, golden ratio point hitting, this wave is really something. The early trading session feels like dancing; we’ll see how it closes in the afternoon. Another 3 trillion level? Historic scale, but usually at this point, caution is advised. The 4116 level is tightly held, it feels like the main players are testing. High volume isn't necessarily a good sign; beware of a sharp pullback after the surge, everyone. Let’s wait for the morning close before making any judgments; don’t be blinded by the volume. The golden ratio hitting points so precisely is interesting, but I still don’t trust technical analysis. Trading volume soaring so high, yet the index gains are only moderate? There’s a story here. Massive volume paired with sky-high prices, historical experience tells me to be cautious. This rare level of incremental increase... feels like a pre-shipment show?

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LayerZeroHero

· 01-09 04:03

Massive volume... This rhythm feels a bit familiar, are we about to see a dump again? --- Golden ratio precise timing, such coordinated technicals are rare --- 300 trillion in trading volume, what a concept, retail investors are probably being squeezed again --- The pattern of spiking high and then falling back every time is reliable. I bet there will be a plunge at 2 PM --- 0.618 rebound level so accurate? Feels like someone is manipulating the market --- The real signal is the massive volume; short-term will be intense

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Fren_Not_Food

· 01-09 03:46

A massive amount has appeared. Is this really happening this time? Or is it just another dump?

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TaxEvader

· 01-09 03:37

Wow, is this trading volume real? It feels like a dump could happen at any moment.

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