CSI 300: 3710

Fundamental analysis:

On Friday (November 4), the two cities rose unilaterally, and the market risk appetite continued to rise. As of the closing, the Shanghai Index rose 2.4%, the two cities rose 4188 shares, 681 shares fell, the turnover exceeded trillions, and the net funds on the north were nearly buying a near -north fund. 10 billion. Looking forward to the market outlook, the RMB exchange rate still has a depreciation pressure in the short term, but it does not last. In the fourth quarter, the Federal Reserve policy turned pigeons, and China ’s interest rate cuts were still available. After experiencing the test of uncertain factors and epidemic, A shares have also ushered in a large configuration value, and the index is expected to be better.

CSI 300 one hour map

Technical analysis:

Looking at the 1 -hour chart, the Shanghai and Shenzhen 300 continues to strengthen above the 3710. At the same time, the MACD amount can continue to amplify above the zero axis, showing that there is room for further increase in the market. On the top 3710, it will continue to look at the upbringing.

Multi -short turning point: 3710

Resistance level: 3850.00 3900.00

Support bit: 3620.00 3550.00

Trading strategy: Watch the decline under 3710, target 3620.00 3550.00

Alternative strategy: Bullish on the 3710, target 3850.00 3900.00