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By the end of the year, large institutions and public and private funds are facing year-end settlement, profit and loss, ranking, etc., so they feel that they are urgently selling and cashing. In the middle and late December, we will also face the delivery of stock index futures and ETF options, so the demon owner is not optimistic about the index in the short term.The decline of the index can only be played in small positions. When the index starts to stabilize and rebound, it can gradually increase the position.Some stocks have been re-selected from the stock selection for the careful reference of the old irons! Trial and error in small positions, don't attack in heavy positions.

The first support level: 20 moving averageAlthough the index is not optimistic, the probability of a big drop is not great, because it should be "stable". Therefore, it is more likely that the index will fluctuate sideways and fall slightly.

The third support level: 60-day moving averageThe decline cycle is at least 8 trading days, and next Monday is the fifth trading day. There may be a backlash, but personally, the probability of bottoming out is not great, and it will continue to fall.At the end of the year, big money began to be put into storage with swords and guns.