Simple crossover reflects the indecision of the market, and the short and long sides reach a temporary balance, which often indicates that the stock price may turn, so it is called magic crossover. Specifically, it can be divided into cross star, cross tire, long cross and dying cross.
(1) Cross star: According to the position of the fluctuation period of the cross star, the cross star can be divided into morning cross star and late cross star.
1, cross star in the morning: a cross star that appears in the process of falling, jumps off the next day but receives Yang or Yin, and turns to attack Zhong or Ju Yang on the third day. The important combination of bottoming out and rebounding is more likely to turn if it can jump up or yinxian on the third day. Baihua Village (60072 1) touched the bottom with a morning fork on 65438+2003 10.
2. Twilight crossing: In the process of rising, there is a medium or huge Yang, which jumps up the next day but closes the Yang or the Yin crossing, and suddenly falls on the third day. The important signal of peaking is that if there is a downward gap or Yang Yinbao on the third day, the turning effect will be better. Saint Ji Fa (600893), now called air traffic control, reached the evening peak on February 19, 2003, and Baihua Village (60072 1) on March 3, 2003.
(2) Cross fetus: Cross fetus is a variant of pregnancy combination, and it is an important turning signal. Both the head and the bottom can appear, but it is rare in actual combat. There are similarities between a cross tire and a cross star, but the difference is that the cross appears in different positions. The cross of a cross is like a baby hidden in the belly of a pregnant woman in the previous K-line entity. The turning accuracy of cross tire is lower than that of cross star, so it is necessary to combine K line in actual combat.
1, see the top cross: In the process of rising, there is a zhongyang or juyang, and then suddenly there is a gap, low opening, yin closing or yang cross, which is an important peak signal.
2. Cross-bottomed tire: In the process of falling, there is a middle yin or a huge yin, and then suddenly there is a gap and a cross of yin or yang. The important bottoming signal is that Gao Ping Electric (6003 12) bottomed out with a cross tire on June 29th, 2003.
(3) Long cross
A long cross refers to a cross with a particularly long upper and lower shadow lines. There is no clear quantitative regulation. In principle, if you can hit a high point or a low point a few days ago, you can think of it as a bull crossing. In the middle and late period of the rise, when there is a long upper and lower shadow line alone, it shows that the stock price has lost its sense of direction, which is often a signal to peak and fall back. Keda Electromechanical (600499) peaked with a long cross star on March 3, 2003. When the long cross star appears in the bottom area, the bottoming effect is not significant. Whether the stock price can really bottom out still needs the cooperation of K line in the later period, because the rise needs to overcome the gravity of the earth, and the fall only needs free fall.
(4) The dying cross (tombstone)
As the name implies, the dead fork is an important signal to peak down. It appears in the middle and late rising period, and its turning reliability is quite high. Its characteristic is that the opening price and closing price are not only at the same level, but also close to the lowest price of the whole day, that is to say, there is a long shadow line without a shadow line, similar to a tombstone. A meteor is very similar to a dying cross, but it has a certain entity, and the entity of the dying cross is a straight line. Fenghua shares (600615) rebounded with a dying cross in June, 2003, 65438+ 10/0.
In addition to the classic cross-combination, some powerful stocks continue to cross. For example, after the peak of Century Zhongtian (000540) on June 24, there have been hundreds of intersections so far, and they are all intersections, reflecting that it is difficult for the bookmakers trapped in them to attract new funds to enter the market. In the case that the main force completely controls the market, this continuous crossover has lost the significance of normal judgment of the K-line, because the main force can manipulate the changes of the stock price at will.
Deep reading: how to avoid high-priced diving stocks in advance
(5) Jump over the cross
1, jumping down in the low-priced area (buy signal) is a medium-term buy signal, and the stock price is expected to reverse out of a wave of intermediate market. Characteristics and causes: In the form of daily K-line, the cross star usually means that the long and short sides are evenly matched, and changes in trading may lead to a turning point. When the stock price falls sharply for a long time, a cross star appears in the gap, which is best accompanied by an increase in trading volume. At this time, it often means that the strength of both sides has evolved from the dominance of the empty side to the balance of the strength of both sides, and the bottoming is expected to be completed. If a sunny line appears the next day, and multiple advantages are established, the stock price will plummet. You can follow up boldly and hold the center line.
2. Jumping the cross star appears in the high-priced area after the stock price has risen for a long time. The analytical significance is opposite to that in the low-priced area. It is a signal that many forces are exhausted and the empty side will launch a counterattack. The stock price will fall into a downturn, which is a strong selling signal. The high cross can be flat or shrinking, but if it appears on the way up at the beginning and is heavy, it may be washing dishes, and the stock price has the ability to continue to climb. If the shadow line of the cross star is very long, it means that the gears above are selling in large quantities. If you sell according to this signal, the success rate is still quite high.
Second, the K-line combination of cross stars
1, morning cross, also known as hope cross. Appears on the way down, and consists of three K lines, the first is the negative line, the second is the cross line, and the third is the positive line. The third K-line entity went deep into the bottom of the first K-line entity, and the market outlook was bullish.
2. Morningstar and Morningstar Cross are similar. The difference is that the second K line of Morningstar Cross is the cross line, while the second K line of Morningstar is the bottom signal of the small silver line or the small Yang line. The bullish signal in the market outlook is not as strong as Morningstar Cross. Deep reading: the main points of the morning star and its actual combat.
3, inverted hammer head line. On the way down, the positive line (or negative line) entity is very small, and the upper shadow line is twice as large as the entity. Generally, there is no lower shadow line, and a few people will have a little bottom signal of the lower shadow line. The more inconsistent the ratio of bullish entity to upper shadow line is, the more valuable the signal is. If the inverted hammer and the morning star appear at the same time, the bottom signal will be more reliable. Deep reading: the main points of inverted hammer line and its practical application
4. Hammer line. When descending, the positive line (or negative line) entity is very small, and the lower shadow line is twice or equal to the entity. Generally, there is no upper shadow line, and a few people will have a little signal that the upper shadow line has bottomed out. The bigger the gap between the entity of multi-head hammerhead and the lower shadow line, the more valuable it is. If the hammer head and the morning star appear at the same time, the bottom signal will be more reliable. In-depth reading: the key points and practical application of gold needle bottoming
5. Tower bottom. Appeared in the downward trend, first a big Yinxian or Yinzhong line, then a series of small Yinxiaoyang lines, and finally a big Yangyang line or Zhongyang line bottomed out, and the bullish turnaround signal in the market outlook was not as strong as dawn.
Three: right shoulder cross, morning star enlightenment spectrum, advanced abandonment cross, continuous cross.
(1) Right shoulder cross star: It consists of two K lines, the first K line is Zhongyang line or Dayang line, and the second K line is a long cross star, which is located on the right shoulder of Dayang line. The cross star can be yin and yang.
(1) If the stock price of this portfolio is at a relatively low level, it belongs to a typical upswing pattern, and the long cross is an upswing relay, which plays the role of dish washing and should be intervened in time;
(2) If this combination is in the main ascending stage, it will play the role of washing dishes, catching breath, accumulating energy, and then attacking upwards, so it is necessary to intervene in time;
(3) If this combination appears in the high-priced area with huge increase, it is a peak signal and should be out in time.
The positive line and the cross star on the right shoulder have different meanings in different environments, which determines that our operation is also different. We must pay attention to this.
Formula: Yang Xian's right shoulder is long, the director is crazy about the stage, the main stage washes dishes, and the interruption must be Wang Zhongwang.
(2) The spectrum of the morning star-jumping off the cross star after the low plunge.
1) in the plunge market, the stock price closed at a low level continuously, and the cross star was opened the next day, suggesting that the seller was hesitant and unable to continue to suppress the stock price. If there is a strong positive line on the third day, it means that the bulls have taken control of the situation and are about to launch a round of upswing. The cross star is originally a turning line. The cross star of this spectrum is like the morning star in Qi Ming, calling for a new day, which means that the bottoming of the stock price has been completed and is a sign of rebound, so it is called "Morning Star Qi Ming Spectrum".
2) The last line in this spectrum is the confirmation of the connecting flight. In order to ensure safety, investors don't have to buy the cross star on the day it appears, but intervene in time when they are basically sure to qualify the next day.
(3) The moon star is rare (senior abandoned cross star): In the case of a large increase, the stock price gapped up to form a cross line, but the next day it gapped down and pulled out a negative line, which is a harbinger that the market is about to fall. The high cross itself shows that the bulls have been hesitant when attacking, and with a bull entity, the exit signal is very clear. Under normal circumstances, even if there is no profit on the day when the high cross star appears, we should consider jumping out in time the next day. In the specific operation, please carefully study the actual situation of individual stocks.
Four, continuous cross star
A continuous cross star refers to the cross star trend in which the market index appears more than twice in a row. According to the number and arrangement of connected stars, connected stars can be divided into many kinds, but usually two connected stars and three connected stars are more practical. The shape of connecting stars is the most complex, uncertain and difficult to judge in all cross star analysis. When analyzing the continuous cross star, we should analyze it according to different trends and market conditions:
1) In the upward trend, if there is a continuous cross star shape, the market outlook will generally continue to rise. Especially when the increase is not large and the technical indicators are not overbought. As shown in figure-1, point a and point b, however, after a long period of rise, the technical indicators are overbought and deviated. Then pay attention to the risk of market changes (head signal). As shown in figure-1, points c, d and e are all 2-3 cross stars. However, the results of A and B are different from those of C, D and E. When the market is in the stage of wandering and finishing after the surge, it is easy to build a staged top form when there is continuous intersection. (points c, d and e)
Figure-1
2) In the downward trend, if there is a continuous cross star pattern, the market outlook will continue to fall. As shown in Figure -2, points A, B and C, but in the downturn of the market, when the stock market is in the stage of moderate shrinkage, a continuous positive cross star appears, which is generally easy to form the bottom area. The quotation of 200808 15~0829 is a series of cross stars, as shown in figure -2, point e, and point d in the figure is below an upward trend line. The subsequent K-line did not break through this upward trend line. So there was a decline later. But it can still be regarded as a form of resistance in the bottom area.
Figure 2
3) The influence of market environment is also an important factor affecting the continuous cross star. Generally, in a warmer market environment, continuous cross stars will support the rise of the stock index, but in a bad market environment, continuous cross stars will resist or fall the rise of the stock index.
4) The market lock-in is also an important factor affecting the continuous cross star. When the market gains more (the increase is too large), the continuous cross star reflects that the investors holding shares have hesitated about the market outlook. For example, in mid-June, 2008, 5438+ 10, the market formed three cross stars in the area of 5500 points, indicating that the pressure of the market in this area is difficult to resolve, which will lead to weakening confidence in the upside. As a result, there has been a deep downward adjustment. When the market profit is extremely scarce (the decline is too large), the continuous cross stars reflect the serious lack of investors' willingness to hold, such as the three regional cross stars that appeared after 1 1 in 2008.
When analyzing the continuous cross, we need to refer to five factors:
(1) Market environment factors. Generally, in a warmer market environment, continuous cross stars will support the rise of the stock index, but in a bad market environment, continuous cross stars will pose resistance to the rise of the stock index.
(2) Market trend factors. The continuous cross star appearing on the way of the rapid straight-line rise of the stock index will not pose a threat to the market trend, and the cross star will form a rising relay form; If the stock index is diving in a straight line, the continuous cross stars can't stop the decline of the market, and then the cross stars will form a downward relay form.
(3) Distribution factors of market chips. When the market has more profitable chips, the continuous cross stars reflect that the investors holding shares are hesitant about the market outlook. At this point, investors will immediately choose to sell at the slightest sign of trouble. When the money-making chips in the market are extremely scarce, the continuous cross stars reflect the serious shortage of investors' willingness to hold, and the market has lacked the motivation to fall further.
(4) the position of the star line. During the downturn of the market, the stock market is in the stage of moderate shrinkage, and there are continuous cross stars, which are generally easy to form the bottom; However, when the market is in the stage of wandering and finishing after the big rise, it is easy to build a staged top form when there is a continuous intersection.
(5)K-line arrangement and combination factors. The continuous cross stars show an upward combination, indicating that the market trend is still improving; If the continuous cross star appears in the falling combination, it shows that the market trend is weakening.
Continuous cross stars usually appear more frequently in individual stocks and less frequently in the market index. The following table shows the time and position of the continuous cross star in the stock index in recent three years, and the market trend after the continuous cross star appears. Judging from the statistical results, there is a greater probability that the market will fall after going out of the continuous cross star.
On the other hand, continuous cross star is a special form of cross star K line, and it is also a stronger warning signal of change. Since a cross star shows that the strength of both sides is balanced, then the continuous cross stars show that the two sides have been deadlocked for a long time and the tight string will be broken. The equilibrium is about to be broken, and rapid changes are just around the corner.
Five, a little summary
The volume crossover is often at a high level, and the shrinkage crossover is often at a low level. The larger the number, the longer the cross star.
The power of the cross:
1. The more cross stars appear, the stronger the cross stars are, and the higher the possibility of hitting the bottom (top).
2. The more the number of high cross stars, the stronger the strength of the cross stars and the higher the possibility of reaching the top; The smaller the amount of the low cross, the stronger the strength of the cross, and the greater the possibility of bottoming out.
3. The longer the cross star is, the more powerful it is.
Priority of judging the strength of the cross star: volume energy-> Number of occurrences-> Upper and lower hatch length.
Cross stars attract many (empty) forms:
1, the cross star was put in a high position and then put up again, mostly to attract more.
2. After the cross star reduced its holdings in the low position, it reduced its holdings again, mostly to lure the air.
3. The stronger the cross, the more reliable the judgment.
Strong cross star: after a sharp rise, the trend is adjusted for several days in a row, mostly with a cross star, and then a sharp rise often attracts more signals. The rise at this time can be understood as the unfinished shipment of the main force in the early stage, and the anti-pull lures more people to complete the final shipment. Of course, unless the main force with greater strength continues to flow in, it will inevitably return to the adjustment trend after the anti-pull.
About buying and selling: the cross star is a good reference point for buying and selling, and the buying and selling point generally appears before the close of the day when the cross star is about to be closed or after the opening of the cross star; The risk control principle followed is pyramid scheme/reverse pyramid scheme principle; According to the strength of the cross star, the stronger the strength, the higher the accuracy of judgment, and the higher the amount of funds for adding positions (shipments).
When the market falls sharply, the anti-falling performance of the continuous cross star is often the strong performance of the stock. However, if the strength of the cross star is not enough, you can't rush in. In the downward trend, we should wait and see, wait for the market to stabilize, and judge buying and selling according to the trend.