Shenwan Hongyuan: Short-term market heat still exists, but the cross-year verification period is coming, and the market may face adjustment pressure.

Golden Ten data, November 17th news, the Shenwan Hongyuan research report stated that in a market dominated by trading games, the market may temporarily not react to some changes in fundamentals and policies. However, the game also needs to respect the rules and follow the trend. In the market of trading games, the guiding significance of cost-performance ratio index for the short- to medium-term trend is enhanced. If the logic deduction of the Bull Market cannot be carried out in one go, then the current market is in a historically low cost-performance ratio area. The short-term market still has some residual heat, but as the year-end verification period approaches, the market may face adjustment pressure.