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Has the Bear Market really arrived?
Many people are curious about this thing.
Some people are shouting that the Bear Market has arrived, and they say it with great conviction. Let me draw a line here: if the index effectively breaks below 3100 points, then we can talk about the Bear Market. Right now, this pullback at 3250 points can at most be considered a fluctuation; we shouldn't hastily deliver a death sentence to the market, as the overall upward trend has not changed at all. Based on past experience with large cycles, when has the A-shares bull market ever abruptly ended in May? It usually peaks around the end of the year or just before the next Spring Festival. This pullback is exactly the opportunity to get in; there’s a high probability of another wave of market activity in June and September.