CSI 300: 3900 to see bullish up

Fundamental analysis:

On Tuesday (December 6), the three major indexes rose collectively. The Shanghai and Shenzhen 300 basically sorted a narrow range above 3950 points. The consumption sector headed by alcoholics is outstanding, and the concept stocks of central enterprise reforms that have surrendered yesterday mainly declined. Looking forward to the market outlook, the current outsole is restored, the dilemma reverses. After the market has undergone multiple rounds of adjustment, it is in the bottom configuration range. The overall valuation is within 20%of the division. The index is expected to continue to go up.

CSI 300 Four Hours Chart

Technical analysis:

Looking at the 4 -hour chart, the Shanghai and Shenzhen 3000 continued to strengthen above the 3880. At the same time, it broke through yesterday's high 3960. MACD continued to rise above the zero axis, showing that the market has further expanded the demand for increase. The current support has moved to the 3900 line. On the top of this bit, the target is 4020-4080 above the bullish.

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