CSI 300: 3780

Fundamental analysis:

On Wednesday (November 16), the two cities in A -shares shrunk fell. After the CSI 300 rushed slightly in the morning, the shocks fell, and they closed down 0.45%throughout the day. In 1977, the turnover rose, with a turnover of 940 billion yuan. Earlier, it was over trillion in three consecutive days. The net purchase of funds in the north was about 1 billion yuan throughout the day to buy a net for 4 consecutive trading days. Looking forward to the market outlook, there may be a certain pressure resistance on the top of the market, but the funding of capital is expected to support the future market rising. From the level of valuation, market sentiment and capital flow to the current continuing rising probability of continuation.

CSI 300 one hour map

Technical analysis:

Looking at the 1 -hour chart, the CSI 300 continued to strengthen after the 3780 support. The MACD volume can be in a capacity state on the zero axis, showing that there is further action of the market. The current support is followed by 3780. Look at 3900-3980 in terms of target.

Multi -time turning point: 3780

Resistance level: 3900.00 3980.00

Support bit: 3780.00 3700.00

Trading strategy: Watch the decline under 3780, target 3700.00 3650.00

Alternative strategy: Bullish on 3780, target 3900.00 3980.00