CSI 300: 3710 support up upwards

Fundamental analysis:

The main indexes of the two cities continued to rise on Monday (November 7), but the market performance was too cautious. Compared with the previous trading day, more emotions declined. As of the closing, the Shanghai and Shenzhen 300 rose 0.23%. The turnover exceeded trillion again, and the net funds sold in the north sold 4.032 billion. Looking forward to the market outlook, since last week, policies, economy, exchange rates, and geopolitics are expected to improve rapidly. The market has shifted from emotional panic transactions to gaming -based game -based game -based game -based games, and the market has been confirmed that the market is expected to continue to relay.

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 3710, target 3850.00 3900.00