ChiNext Index Turns Positive Intraday After Earlier Plunge of Over 2%
nashnova research
The ChiNext Index reversed course and turned positive during the session, after dropping more than 2% earlier — a sharp intraday swing that signals intense tug-of-war between buyers and sellers.
What happened?
The ChiNext Index turned positive intraday after opening sharply lower.
Earlier in the session, the index had fallen more than 2% before recovering.
How big was the swing?
The intraday range was significant — from a 2%-plus decline to positive territory.
This means → selling pressure was absorbed by fresh buying within a short window.
What does this price action signal?
A quick reversal from a steep intraday drop typically reflects a rapid shift in the balance between bulls and bears.
This means → sentiment is not uniformly bearish — capital stepped in at lower levels, though direction remains unclear and follow-through needs watching.
市场有风险，内容仅供研究参考，不构成投资建议。