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CSI 300: 3600

2022-11-02
1081
Fundamental analysis:

On Wednesday (November 2nd), the main indexes of the two cities rose, and the CSI 300 continued to strengthen under the drive of the large consumption sector, closing up 1.15%, 3666 shares in the two cities, 1090 shares, and the turnover exceeded the trillion after February. , 7.582 billion yuan in funds in the north. Looking forward to the market outlook, the current risk premium of China's stock market is significantly higher than the historical average, which means that risks may decrease, and equity assets have greater attractiveness. After market adjustments in recent months, some industries and stocks have been fully released, and the index is expected to usher in opportunities.

CSI 300 one hour map




Technical analysis:

Looking at the 1 -hour chart, the Shanghai and Shenzhen 300 launched an upper attack with 3560 as a support, showing a continuous upward trend. At present, the support has been moved to near 3600. At the same time There is a demand for further higher. Continue to see the rebound above 3600, the target 3700-3760 above

Multi -time turning point: 3600

Resistance level: 3700.00 3760.00
Support bit: 3500.00 3450.00

Trading strategy: Watch the decline under 3600, target 3500.00 3450.00
Alternative strategy: Bullies above 3600, target 3700.00 3760.00

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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