All 31 Shenwan (申万) L1 sectors and the curated A-share thematic baskets on one cycle clock — real price (rebased & log, so every line shares an axis) with a one-tap cycle-position view. Peaks & troughs are auto-detected from the deep tape (back to 1999), each is graded by where it sits, and the forward read is the honest stack: where we are now, the typical next-turn rhythm, and — for the GS-style sectors — evidence-gated conditional odds.全部 31 个申万一级行业与精选 A 股主题篮子同处一张周期时钟——真实价格（再基准化并取对数，使每条线共用同一坐标轴）， 可一键切换为周期位置视图。波峰与波谷由深度行情（追溯至 1999 年）自动识别，每个板块按其所处阶段评级；前瞻部分采用诚实分层： 当前位置、典型的下一拐点节奏，以及（针对 GS 式行业）经证据门槛的条件概率。
How the forward read works here. House Phase-0 testing (research/CHINA_SECTOR_PATHWAY_PHASE0.md) found that no single China driver clears a strict significance bar on monthly sector returns, and the A-share trend-gate edge does not hold — so this page makes no point-forecast claim of alpha. What it shows, layered by how much the evidence supports it: (1) where each sector sits on the washout↔euphoria axis (the one stable signature); (2) a next-turn projection from the sector's own median half-cycle — a rhythm estimate, not a backtested forecast; (3) for Banks · Consumption · Real Estate · Auto, an empirical conditional probability with a confidence interval ("when the setup looked like today, forward returns were positive X% of the time vs a Y% base rate"). Conditioning, not a buy signal. Every dated call is logged so its accuracy can be measured over time.本页前瞻读数的工作方式。 内部 Phase-0 检验（research/CHINA_SECTOR_PATHWAY_PHASE0.md）显示，没有任何单一中国驱动因子能通过严格显著性门槛， A 股趋势门控的边际在此也不成立——因此本页不做点位预测、不宣称超额收益。按证据支持度分层展示：(1) 每个板块在 超卖↔过热轴上的位置（唯一稳定的特征）；(2) 基于板块自身中位半周期的下一拐点推演——这是节奏估计，并非回测预测； (3) 针对银行·消费·地产·汽车，给出带置信区间的经验条件概率（“当配置与今天相似时，未来收益为正的历史频率约为 X%，基准为 Y%”）。 属于条件化背景，而非买卖信号。每个带日期的判断都会被记录，以便长期衡量其准确度。