Fishline Review 0323: Black Monday, The Art of Trading Speaks Again

StrawberryIce · 2026-03-23T13:19:03+00:00

Market sentiment is weak, with major indices falling sharply. Only 291 stocks are in the red, with 28 hitting daily limits. A few stocks like Huadian Liaoning Energy rose to their daily limits, but overall performance is poor. Investors should carefully monitor subsequent market trends and changes in sentiment indicators.

StrawberryIce

2026-03-23 13:19:03

Abstract generation in progress

Review Directory: [Taogu Ba]
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Review Summary (including: consecutive limit-up tiers, market data overview, market indices, market sentiment summary, thematic summary).**
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Reasons for Limit-Ups (including: consecutive limit-up charts, one-word limit-up stocks, N-shaped limit-ups, ChiNext limit-ups, STAR Market and Beijing Stock Exchange limit-ups, hot topic classifications, other limit-ups, limit-up openings).**
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Featured Data Supplement (including: recent limit-up stocks, ChiNext index).**
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Dragon and Tiger List Data (including: hot money tracking, institutional trading, business department buy rankings).**
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Sentiment Index (including: hotspot strength, sentiment grid, monitoring pool, three major group interval gains).**
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Stock Analysis (limit-up time ranking, detailed reasons or analysis for individual stocks’ limit-ups).**
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Review Summary**

6 consecutive limit-ups: Huadian Liaoning Energy
4 consecutive limit-ups: Dashengda
3 consecutive limit-ups: Dongfang Xinneng
2 consecutive limit-ups: Zhengtai Power, Zhongli Group

Market data: 291 stocks closed green, 4,885 stocks closed red, 28 stocks hit limit-up, 71 stocks hit limit-down, 66 stocks had large bullish candles, 2,728 stocks had large bearish candles, retracement wave -5,2328, -10,18, attack wave +8,59.

Index: total trading volume across two markets was 2.4315 trillion yuan, an increase of 144.7 billion yuan. The main index fell 3.63%, closing at 3,813, with a high of 3,906 and a low of 3,794. Probably nobody expected such a decline—gap-down opening below 3,900, then a continuous slide, with the lowest point breaking below 3,800. 3,800 is generally considered a strong bottom, as it marks the start of last year’s bull market and the bottom line of the slow bull market advocated above. But it turned out there was no bottom line—no support was seen throughout the day, just watching the decline unfold. In recent days, the market has fallen nearly 7%, comparable to the decline on April 7 last year during the sweater war. Looking at the index pattern, if GJD (the big player) doesn’t act tomorrow, the downward momentum may not be stopped, which remains uncertain.

Market sentiment: over the weekend, sentiment was quite pessimistic. The biggest negative was the 48-hour ultimatum from Dong Wang, but we thought the market had become desensitized. In reality, the market responded with a gap-down opening, a very cold start. Only a few hundred stocks were green, which was quite strange. Despite this, only 7 stocks hit limit-down outside of ST stocks in the early session. The index and market data were in place, but sentiment hadn’t caught up. In the afternoon, the number of limit-down stocks increased sharply, indicating sentiment had finally bottomed out. Today’s market data is arguably at an extreme low point, especially combined with three consecutive big lows. Tomorrow, pessimism shouldn’t persist. As for other themes today, no need to elaborate—everyone lost money today. After the close, Dong Wang plans to speak again. Xiao Yi said no, so tomorrow’s market remains a mystery. Dong Wang’s trading art is just a chaotic mess.

2. Reasons for Limit-Ups
Consecutive limit-up stocks: 5, 9.31 billion yuan

One-word limit-up stocks: 2, 4.2 billion yuan

N-shaped rebound limit-up stocks: 4, 77.9 billion yuan

ChiNext limit-up stocks: 3, 25.1 billion yuan

STAR Market limit-up stocks: 0, 0 yuan
Photovoltaic: 7, 108.2 billion yuan

Other power: 4, 28.9 billion yuan

Robotics: 7, 99.2 billion yuan

Coal: 3, 11.3 billion yuan

Others: 10, 135.7 billion yuan

Limit-up stocks opening: 2, 23.4 billion yuan

First-limit stocks opening: 15, 332.9 billion yuan

3. Featured Data Supplement
Recent limit-up stocks:

ChiNext Index:

4. Dragon and Tiger List Data:
Hot money tracking:

Institutional trading:

Business department buy rankings:

5. Sentiment Index:
Hotspot strength:

Sentiment grid:

Monitoring pool:

Monitoring pool interval gains:

Top 19 stocks with five-day gains across both markets:

6. Stock Analysis:

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