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Overall, the market is not risky today, so don't worry too much above the five-day moving average. As I said yesterday, during the meeting, the main task is to maintain stability. On the contrary, short-term retail investors need to be cautious if they continue to reduce the volume tomorrow.

About today's A-share trend!3. JPMorgan Chase said that in 2025, he is optimistic about the growth style of China's stock market value outperforming. Recently, foreign investors have also been optimistic about China's assets. At the same time, the announcement was issued after the close of trading yesterday, and it is necessary to implement strong supervision on the net wealth management, which is good for retail investors and financial markets.2. Individual pension funds will be expanded to broad-based index products. Specific measures for pension expansion will be announced as soon as this week. This news is good for the stock market and can bring incremental funds to the stock market.

3. JPMorgan Chase said that in 2025, he is optimistic about the growth style of China's stock market value outperforming. Recently, foreign investors have also been optimistic about China's assets. At the same time, the announcement was issued after the close of trading yesterday, and it is necessary to implement strong supervision on the net wealth management, which is good for retail investors and financial markets.Overall, the market is not risky today, so don't worry too much above the five-day moving average. As I said yesterday, during the meeting, the main task is to maintain stability. On the contrary, short-term retail investors need to be cautious if they continue to reduce the volume tomorrow.Today, focus on the spirit of the meeting. If the intraday trading is the best, it will definitely boost the sectors involved. In terms of the broader market, we will continue to keep an eye on the quantity and energy today. From a technical point of view, there are shock expectations today, and if we go down, we will recover our expectations.