Continue to decide under the Shanghai and Shenzhen 300: 3770

Fundamental analysis:

On Tuesday (October 11), the two cities in A shares rose, and the Shanghai and Shenzhen 300s were slightly bottomed out. The biggest decline in the market was about 0.6%, and the final closure of 0.18%. , To the net funds of the north to sell 1.244 billion. Looking forward to the market outlook, after the market accelerated adjustment in September, the degree of optimism in October has increased. The main reason includes the following three points: one is that the downward cycle of this round of profit has entered the end, and the other is to tighten the expectations of global monetary policy led by the Federal Reserve. The inflection point has appeared. Third, from the perspective of valuation, the current valuation of the A -share market is at a historical low.

CSI 300 one hour map

Technical analysis:

Looking at the 1 -hour picture, the CSI 300 rebounded again after rebounding again. At the same time, MACD is still in a state of volume under the zero axis, showing that the probability of continuing the decline in the show is that the resistance is mainly concentrated near 3770. Look at the goal of 3700-3660 below.

Multi -short turning point: 3770

Resistance level: 3770.00 3820.00

Support bit: 3700.00 3660.00

Trading strategy: Bullies above 3770.00, target 3820.00 3850.00

Alternative strategy: Watch the decline under 3770.00, target 3700.00 3660.00