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Gap opened higher and rose sharply.-Warming up market sentiment: The rise of FTSE China A50 index futures and other external markets will drive the A-share market sentiment and push the market higher. However, after the market opens higher, some profit-taking discs may choose to take profits, which will lead to a certain shock in the market. However, under the background of favorable policies and good market expectations, there will still be funds to continue to undertake, pushing the market to fluctuate upward.

Gap high, fall-Uncertainty of macro-economy and external market: Uncertainty of macro-economic data, tension of international trade situation and other factors may affect investors' decision-making, so that the market will be suppressed by these negative factors and fall after opening higher [__LINK_ICON].-Lack of market confidence: Despite the favorable policies, if investors still have doubts about the implementation effect of the policies and the long-term trend of the market, lack of confidence will lead to a weak willingness to follow suit, and it will be difficult to maintain the upward trend after the market opens higher, resulting in a decline.

-Positive policies and incentives: Politburo meeting of the Chinese Communist Party has released positive signals such as stabilizing the stock market, which will enhance the overall confidence of the market, attract capital inflows and push the market to open higher. For example, after the meeting of the Political Bureau on September 26th, 2024, the three indexes of A shares rose sharply [__LINK_ICON].-Uncertainty of macro-economy and external market: Uncertainty of macro-economic data, tension of international trade situation and other factors may affect investors' decision-making, so that the market will be suppressed by these negative factors and fall after opening higher [__LINK_ICON].-Profit-taking selling in the early stage: Some investors may take advantage of the opportunity of opening higher in the early stage, and a large number of selling will lead to a rapid decline after the market opens higher [__LINK_ICON].