Today, the A-share market opened with a high for the brokerage sector index, but then experienced a slight pullback. As of now, the index has slightly increased by 0.4%, with more stocks in the sector showing gains than losses.

Looking back at Wednesday's market analysis, we mentioned: 'Although the broker index has shifted lower, it is still some distance from the 20-day moving average below, and may continue to seek support in the short term.' The market trends in recent days have confirmed this prediction.

From a technical perspective, when the market fell last Friday, the brokerage index had already touched the 60-day moving average. In today's trading, which opened high and closed low, the index is approaching the 60-day moving average again. Looking at the market performance since late September, the 60-day moving average has provided significant support for the brokerage index. This phenomenon indicates that in the short term, the brokerage sector is likely to receive support near the 60-day moving average.

Based on the current market environment and technical analysis, we believe that the brokerage sector has undergone sufficient consolidation. Supported by the strong 60-day moving average, this sector is likely to find new upward momentum in the near term, injecting new vitality into the upcoming market.

However, investors still need to be cautious, closely monitor market changes and policy trends, and manage risks effectively. The brokerage sector, as a barometer of the market, reflects not only the conditions of its own industry but also, to a certain extent, mirrors the overall market sentiment, making it worth continuous attention.