摘要：All three major stock indexes were in the red this week, with the benchmark Shanghai Composite Index dropping 1.60%, the Shenzhen

All three major stock indexes were in the red this week, with the benchmark Shanghai Composite Index dropping 1.60%, the Shenzhen Component Index slipping 2.65% and the tech-focused ChiNext Index dipping 3.34%. More worriedly, the benchmark Shanghai Composite Index closed lower its 20-day moving average, the Shenzhen Component Index lower its 30-day moving average and the tech-heavy ChiNext Index lower its 120-day moving average, underscored the new wave of market carnage has been underway. Notoriously, yesterday’s hot spots were too unfocused to perk up the market confidence when the capacious rambunctious hard-bitter short sellers trounced the overwhelming majority of the diehard market bulls. Truth be told, a small percentage of the savvy levelheaded perspicacious pusillanimous risk control pundits have been ruminating on why the previously beleaguered domestic equity markets suddenly plummeted once again this Friday. As expected, a myriad of impenitent stouthearted financial opined that the trepidation of high tariffs and the consternation of international situation has been dragging the broader market down this week. In the meantime, a flock of impetus retail investors fervently believe that the professional investment institutions have been taking profits, the hot money has been cashing out and the paranoid market charlatans have been flocking away in recent two trading sessions. With that in mind, it’s not hard to understand why the mindless vandalism was just a pivotal problem in the previously floundering domestic stock markets this month. Nowadays, it’s hard not to draw the conclusion that a short-term remarkable resurgence was only provisional as the upward momentum is petering out. In theory, all three major stock indexes should open slightly lower and close slightly higher next Monday in the backdrop of window guidance and administrative intervention. Unfortunately, the Nasdaq Golden Dragon Index plunged 1.73% overnight, which won’t bode well for next Monday’s opening. After all, the risk of the fresh bout of market tumult hasn’t subsided, at least tentatively. To add insult to injury, the recent unremitting lackluster performance appeared to have piqued a batch of callow gullible stock neophytes’ ires.

来源：传奇的巨星马大仙