Most traders use technical indicators to assist in market analysis.

Common technical indicators mainly include:

Oscillators like RSI, KDJ, etc.;

Trend-following indicators like MACD, moving averages, Bollinger Bands, etc.

Judging the effectiveness of technical indicators is crucial. Recently, the market has been continuously weak, with many stocks suffering significant declines. In a one-sided downward market, many technical indicators tend to fail.

In such cases, one can choose to exit at the阶段性 highs when indicators rebound, then wait for new opportunities. The temporary failure of indicators is not permanent - after reaching a certain point and restarting, the indicators will become effective again.

As shown in the chart below, the original indicators diverged from price movements, temporarily failing. The indicators stopped making new lows while prices continued to decline. After restarting, the indicators became effective again, with prices gradually rising as the indicator bottoms kept getting higher.

Until recently, there's been a trend of gradual failure again. Therefore, technical indicators sometimes work and sometimes fail. Being able to distinguish between effective and ineffective periods equates to mastering the core of technical analysis.

Indicators generally need to be used in conjunction with logical analysis. Market movements may be event-driven or news-driven - if the driving force is strong enough, indicators may remain effective. For example, when the Xiongan New Area concept emerged as a major theme, the sustained market trend made technical indicators highly effective. During such periods, the indicators performed very smoothly, allowing profits regardless of entry timing.