CSI 300: 3755

Fundamental analysis:

On Thursday (November 17), the bottom of the two cities in A shares rose. In the afternoon, the Shanghai and Shenzhen 300 followed with semiconductor and software. The stock declined, the transaction volume continued to shrink, and the turnover was 910 billion yuan. The net purchase of funds in the north was 1.41 billion yuan, which was bought for net for 5 consecutive trading days. Looking to the market outlook, the logic of the fundamental reversal has not changed, and the second is that the logic of the remaining liquidity repair of the market is still interpreting. As the market emotions recover, the index is expected to go out of the continuous rebound.

CSI 300 one hour map

Technical analysis:

Looking at the 1 -hour chart, the Shanghai and Shenzhen 300 stopped falling above the recovery 3755 support. The MACD volume could continue to be in a state of volume on the zero axis. The show that the market still had further action. In order to see the bullish, the target is 3900-3980.

Multi -short turning point: 3755

Resistance level: 3900.00 3980.00

Support bit: 3780.00 3700.00

Trading strategy: Watch the decline under 3755, target 3700.00 3650.00

Alternative strategy: Bullish on 3755, target 3900.00 3980.00