CSI 300: 3900 goes high

Fundamental analysis:

On Thursday (December 8), the three major indexes of A shares fell together. The Shanghai and Shenzhen 300 was mainly a narrow shock, closing a 0.07%, and the 3186 shares of the two cities fell. About 870 billion yuan, net purchase of funds north to buy 114 million yuan. Look at the market outlook. The current overseas recession and slow interest rate hike paths have been confirmed. The domestic "three arrows" that support real estate financing have been released. At the same time, the optimization of epidemic prevention policies in various places has continued to improve, and its fundamentals continue to improve. The index is expected to stage the New Year's Eve.

CSI 300 Four Hours Chart

Technical analysis:

Looking at the 4 -hour chart, the Shanghai and Shenzhen 3000 continued to strengthen above the 3900. At one time, it touched above 4000 points. MACD continued to rise above the zero axis, showing that there was a need for further expansion of the increase. The current support continues to pay attention to the 3900 line. The top continues to look at the bullish, with the target above 4020-4080.

Multi -time turning point: 3900

Resistance level: 4020.00 4080.00

Support bit: 3900.00 3800.00

Trading strategy: Bullish above 3900, target 4020.00 4080.00

Alternative strategy: Watch the decline under 3900, target 3800.00 3680.00