blockchain and cryptocurrency explained- Top snippets

But what I want to say here is that we still can't be blindly optimistic, because from the technical point of view, the upward pressure on the index is still heavy.Today, there is another major positive. The Ministry of Social Security, the China Securities Regulatory Commission and other five departments jointly issued a notice to push the personal pension system from the pilot cities to the whole country on December 15th.

This point can be easily seen from the performance of today's market. Under this favorable stimulus, the three major indexes of A-shares have obviously bottomed out and rebounded, effectively driving the enthusiasm of market funds to do more.This means that the personal pension system, which has been brewing for a long time, has been implemented nationwide as a national policy, and its positive impact on the entire financial industry in China is totally immeasurable.This point can be easily seen from the performance of today's market. Under this favorable stimulus, the three major indexes of A-shares have obviously bottomed out and rebounded, effectively driving the enthusiasm of market funds to do more.

Affected by this, the situation of Shenzhen Stock Exchange Index is not optimistic. Only the Shanghai Composite Index, because it has jumped out of the pressure of the inverted triangle adjustment mode and started to climb up along the 5-day line, may continue to rise next, thus driving the whole stock market to pick up and even go out of the New Year's market.Affected by this, the situation of Shenzhen Stock Exchange Index is not optimistic. Only the Shanghai Composite Index, because it has jumped out of the pressure of the inverted triangle adjustment mode and started to climb up along the 5-day line, may continue to rise next, thus driving the whole stock market to pick up and even go out of the New Year's market.Personally, it is predicted that the index may continue to be limited by the No.1 pressure line for some time to come, slowly descending and testing the No.3 support line.