【2026.3.16】If you don't buy ice point and I don't buy, how can the villa rely on the sea?

Friday’s market hit a freezing point. All you can do is set aside your own panic and beliefs, trust in the merciless market mechanism, and continue to gamble when it’s at a low point.

Early trading sentiment first recovered, with the yellow line once leading the white line significantly. However, today’s index decline exceeded expectations, with large state-owned enterprises collectively struggling to repay debts, dragging the market down. In the morning, there was even a strong effort to support the banks, but bloodletting caused the yellow line to also fall back and stick to the index.

Subsequently, Hong Kong stocks led the way out of the mud, helping A-shares stop falling and rebound. During midday, news broke that domestic chipmaker Huahong Semiconductor broke through 7nm, causing a chip surge that lifted the index again. Sentiment continued along the extreme ice recovery path, and the index ultimately formed a V-shape. The ChiNext was relatively strong, and the loss-making effect diminished.

【Today’s Operations】 Buy the dip in Shun Na Shares
Trading idea: When popular stocks first pull back to the 10-day moving average, it’s a standard buy point. Observed some strong support underwater in the morning, especially with active buy orders, so paid more attention. As the index sharply declined, it followed with a quick drop. Noticed large buy orders, suggesting the decline might be over, so made a small test trade.

Zhuolang Intelligent Take Profit
Trading idea: Took early position at the market bottom on Friday. After continued decline today, it rebounded as expected. The first break was acceptable as it was driven by the index and volume increased, so held on. Later, saw the order book start to withdraw, and when the stock was about to break again, I took profit. Right after, the order book was quickly restored—got caught in a trap.

Hold Shares in Huasheng Chang
Trading idea: Today’s pre-market expectation was a rebound. The whole day’s pattern finally played out, so I continued to hold for another day.

Exit Hanlan Shares
Trading idea: After a morning decline, it followed the power line to recover, but lacked initiative. It was clearly driven by Shun Na’s rise, so following the trend made no sense. When it tried to rise again but couldn’t break the first high, I exited. Not much loss, so it’s okay.

Stop Loss on Beijing Kerei and Guoan Shares
Trading idea: Both were bought during pre-market recovery attempts but didn’t want to sell because I believed in today’s ice point recovery. Held through the day, but as the performance remained weak at the close, exited both.

Meiliyun for T+
Trading idea: Friday’s performance was clearly below expectations. Normally, this would be a stop-loss candidate, but considering the extreme ice sentiment, it provided an opportunity to continue selling deep water stocks in the morning. Short-term misjudgment, so I did a T+ to cut losses and plan to exit tomorrow.

Hold Shares in Aerospace Development
Trading idea: Still not very active, but also not falling sharply. It didn’t break below the 20-day moving average, so I’ll hold and see.

Buy the dip in Zhengtai Power Supply
Trading idea: The energy storage sector still looks promising. Today marked the first divergence, fitting the pullback to the 5-day buy point, so I bought the dip to test.

Full positions both yesterday and this morning, nothing else—only trust in the ice point.

【Market Overview】
Today was a key day for win/loss. Overall, the market moved in a positive direction: the index formed a V-shape, and major high-level sentiment stocks mostly showed rebound and recovery actions (except for Yunnan Energy, which hit the limit down and extended regulatory restrictions, negatively impacting market perception today). The effect of money leaving A-shares was halted.

However, the market still lacks a main theme. The current effective pattern is the ice point mode, but after the ice point, there’s no leadership to gather momentum, so the market will remain difficult.

Additionally, the ChiNext was notably stronger than the main board today. Going forward, it’s worth paying attention to the 300-stock index, as there might be a situation where 20CM (20-centimeter) stocks are more active than 10CM stocks.

【Tomorrow’s Outlook】
Ice point recovery continues. The market’s operational mechanism remains effective, but without a core main line. Continue to rotate stocks, trade quickly in and out, and wait for the market to reach a new consensus.

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Feel free to leave questions in the comments; I will try to reply when I have time.

See you tomorrow!