CSI 300: 3900 to see bullish up

Fundamental analysis:

On Wednesday (December 7), the three major indexes of A shares rose and declined. The Shanghai and Shenzhen 300 300 in the early morning of the disadvantaged shock, and then the "New Ten Articles" was released. Falling 0.4%, 2830 shares in the two cities fell, 2010 stocks rose, with a turnover of 948 billion yuan, and the net purchase of funds north to buy 270 million yuan. Looking forward to the market outlook, the multiple factors that have been suppressing A shares since 2022 will usher in a turnaround in 2023. In the second half of 2023, the profit turning point of A shares has appeared, the growth rate is greater, and the index is expected to continue to go well.

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