It is still necessary to stimulate domestic demand and provide consumer subsidies, but the effect is already difficult to achieve.

We have always emphasized two points:

1. Who wouldn't consume when they have money? Where does the problem money come from? If the government directly distributes it, it will definitely become a deposit. If it is only a subsidy, it will still be dug from everyone's pockets, and the stock price will be difficult.

The process of 2, 0-1 has been completed, and 1-10 is not necessary. So when you don't have money, you won't replace it.

How to understand this: Why was it good to bring home appliances to rural areas in 2008? Because at that time, rural TV sets, washing machines, refrigerators, rice cookers, cars... were essential needs. Essential needs meant having to buy a TV set and washing machine. Even in poverty, it was a face and a necessity, so a little stimulation could have a good effect.

But now when you look at these products, besides cars, almost every household is saturated with small appliances. It's just a matter of quality and affordability, but if you want everyone to switch to better and more expensive ones, it depends on their income ability. If their income doesn't go up, they just need to be used together. It's useless to stimulate them.

When it comes to issuing consumption vouchers, after grabbing them, 100 can be exchanged for 20, which are mostly used for dining and other purposes. Look at this, the rich don't grab them, and the poor can't use them if they grab them. What can be used is also carefully calculated, basically just wandering around in front of the bachelor's door without any substantial effect.

Stabilize the real estate and stock markets, protect the assets of small and medium-sized investors. The real estate market in core cities and areas is stable, but looking at remote suburbs, stability is useless. There is value but no market. Don't mention the stock market. Look at the recent uptrend in the stock market, it's all about the concept of junk stock speculation. When the price goes up, retail investors take over, and when it falls down, it's all a pit. The boss is selling the company and reducing his holdings. Who will become rich.

Good morning, you in front of the screen, just take a look. Don't expect the big economy to get better and better. This is impossible. Being able to maintain it like this is the best. Be good at your own small cycle reversal adjustment and don't be too focused on the big environment.

In terms of gold, it rose and fell in the morning yesterday, and was sideways during the day. In the evening, it continued to decline, with a daily bearish trend.

Here are a few points to consider:

1. Double tops, with a drop of 2722 in the early stage, broke through yesterday, but in terms of daily rhythm, it definitely did not break through, which can be considered as a pullback and forming double top resistance.

2. The daily chart is heavily bearish, which has also occurred in the previous two consecutive rises. It is difficult to take precautions by going long, but the rhythm of the daily chart and the continuity of the decline are poor. Therefore, don't overly focus on short selling today. To a large extent, it is still a rebound and closing positive.

3. Yesterday's low of 2675. A double bottom pattern at the hourly level.

4. There was no rebound in the early morning of yesterday, with a high point of 2687. However, in a weak market, if the market continues to decline the next day, it is generally recommended to refer to the rebound of 382 points or correct the high point in the early morning..

Usually, when there is a correction of the high point in the early morning, we tend to look at the high point in the early morning, but the rebound broke through this position in the morning, touching the 382 level of yesterday's decline rebound and retreating, which happens to be 2692. Although we encountered obstacles, breaking through the high point in the early morning will cause the market to fluctuate.

So, considering the daily bearish trend and breaking through the early morning high, today's rebound is still upward.

How do you look in the afternoon after walking back and forth in the morning?

1. Break the high point in the early morning and observe the oscillation.

2. The low point watershed is 2675, which is the key watershed for today's bulls.

3. European market timing, look at the continuation of direction. 2675-2693.

4. If there is no breakthrough within this range during the day, just look at the continuity of the hourly bullish and bearish candlesticks. The number of bullish candlesticks is a potential symbol of long and short positions.

5. The line 2681-2 at position 618 during oscillation.

Therefore, in the afternoon, there are still many opportunities to focus on the 618 layout, set a long stop loss level at the watershed, and see the rebound correction, with resistance above the 2700 line.

At the same time, we are also paying attention to yesterday's decline and rebound at the 618 position, and a pullback at 618 can also lead to a short-term bearish trend.

The above views are for reference only. Investment carries risks, and caution should be exercised when entering the market