Introduction: ① The recent two-day trend of the Index is crucial; if repaired, it is likely to test the 3500 pressure Range, while a decline will lead to Range fluctuations. Pay attention to structural opportunities in popular Sectors; ② The Robot Concept continues to be strong and is a joint direction for Institutions and funds; the market is expected to continue, but chasing high prices lacks significance; ③ There are diverging expectations for AI applications, but the catalysts are dense. There are opportunities for low absorption of core symbols in the short-term fluctuations; ④ The CSI Consumer 360 index strengthened locally against the trend yesterday, mainly focusing on short-term thematic speculation, emphasizing low-level rebound, pay attention to the continuation of newly initiated stocks.

Yesterday, the market opened high but fell back, ultimately narrowing the gains of the three major indexes to within 1%. Therefore, from the perspective of the Index, the trend of the next two days is quite crucial. If repairs can be completed quickly, the short-term structure can be sustained, and it is expected to once again challenge the pressure Range near 3500. Conversely, if it declines again, the subsequent structure will still be viewed as Range fluctuations, at which point, more attention should be paid to structural opportunities in popular Sectors.

The Robot Concept continued its strong performance yesterday, driven by the concentrated catalysts in the humanoid robot sector. Overseas companies like Tesla and NVIDIA, along with domestic tech giants such as Huawei, are making frequent advancements in embodied intelligence, creating strong resonance. This direction is currently being deeply engaged by both Institutions and short-term funds. From yesterday's market performance, the robot sector still defended its position as the market's main line, resisting the negative impact of market declines, with nearly 40 stocks in the sector hitting limit-ups, including Keli Sensing Technology, Shanghai Beite Technology, and Effort. Stocks that had previously shown weakness have also seen some recovery, with Greatoo Intelligent Equipment Inc. hitting limit-up and Shandong Mining Machinery Group staging a remarkable recovery. Therefore, the current robot market is expected to continue in the short term. However, it should be noted that the market's significance for chasing high prices is lacking, and after the explosion of the robot sector yesterday, it is anticipated that divergences among stocks may increase today, so patience is required to wait for adjustments to find low absorption opportunities.

AI application directions were also active at one point during the session, but the number of stocks retreating in the afternoon increased significantly. It is expected that there will still be some divergence in the forefront. However, the catalysts for AI application directions have been quite dense recently. Firstly, Doubao AI is booming globally, ranking second in global download volume in November, and additionally, ByteDance's video large model PixelDance has recently started internal testing, as well as OpenAI with meetings, new products, or technology catalysts. Therefore, despite the divergence in the short term for AI applications, there still exists a possibility for the market to continue, so opportunities for low absorption of core symbols may still be sought amidst short-term fluctuations.

The CSI Consumer 360 index is also worth paying attention to. Yesterday, aside from the Robot Concept, the internal structure of Consumer 360 also showed a local strengthening against the trend. However, as previously emphasized, the current trend of the CSI Consumer 360 index is mainly focused on short-term thematic speculation, and the subsequent focus should be on low-level rallies, while attention should be paid to the continuation of newly initiated stocks.