3.27 Let's do a quick review.

Market Overview:
The index finally traded in its own independent range for the day today. In the morning, panic opened low and then rallied, wiping out retail investors’ panic allocation. The moment this low-open high-close bullish candle came out, it means the index’s main operators are unwilling to keep giving out cheap shares to sidelined observers. So the basic likelihood of the index setting a new low again next week has been largely eliminated. Most likely, it will consolidate and stabilize in a range between 3800 and 3955.
As long as the broader market doesn’t swing dramatically, next week is likely to enter a phase of “heavyweights setting the stage while themes perform.” Then comes the stage where the market warms up. The two brothers at Huadian have opened the relay with a tilt in order-flow sentiment. The relay environment for what comes next should be much better. All you ultra-short-term traders, you’ll need to perk up next week!

Themes:
Today, the power sector overall continues with divergence. Although over these past two days, when power shows divergence, there are external themes like aerospace and lithium batteries, chemicals, and others that want to move in and seize the lead strength. But right now, most of the short-term capital is still clustered in the power sector. So whether it’s chemicals or lithium batteries, they’re only running as supporting acts. Don’t get things backwards. When you go to gamble on other themes trying to seize the main line, it’s worth asking yourself more:

1. Has the high-position power-sector leading stock already made a follow-through drop?
2. Is there still new follow-up strength at the low end of the power sector?
3. Has the sector’s earlier distinguishability already been killed off by A-share-style selling (A-kill)?

Power Sector:
For the power sector itself today, there are only two directions for short-term, direct competition. One is the high-position Huadian’s after-the-fact buyback and repair. The other is rotating to the low-position power stocks to look for potential catch-up gains. Guangxi and Jinzhou—both of which advanced to the second board from low positions—are the typical “hare-and-tortoise race” style of game. These two are the key directions for the low-end battle next week.
The “second to third board” story of Minjin (中闽) was explained very clearly yesterday. If you only lift Minjin on its own and don’t lift Minden (闽东), it’s enough to question whether the main players really have genuine intent. Today, when the opening showed up with Taishan’s auction turning from weak to strong, and Guangxi has a one-word-limit upside opening as a clear “ming card” for a catch-up bounce below, then Minjin is basically caught in the middle—unable to satisfy both sides. Historically, stocks that sit in the mid-range rarely end up well. So today, if you took the penalty trade on Minjin, go back and review yesterday’s recap once more.
As for the high-position Liaoneng, the auction plus a +3 opening is too unanimous, and that’s not necessarily a good thing. With an opening like that, there’s only one path: go straight up and lock the board, pushing yourself into a little “black room.” Otherwise, if you drag it out, it will inevitably be cashed out by the funds.
And then the late-session surge to the limit-up in YN Energy (豫能) is quite interesting. As for YN Energy Yiyi (豫能伊伊), I won’t comment for now—let everyone guess why YN Energy hit a late-session limit-up today. Finally, I’ll leave everyone one last homework assignment:
Compare the development path of this cycle’s “YN Energy—Huadian NY—Huadian LN” with last year’s Fujian big-cycle “Pingtan—Hefu” period. What similarities are there? And what points can you borrow from or learn?