CSI 300: 3940 support to see bullish up

Fundamental analysis:

On Friday (December 9), the three major indexes rose together. The Shanghai and Shenzhen 300 took a higher than 4,000 points, closed up 0.3%throughout the day. The northbound fund was sold for 272 million yuan throughout the day. This week, the Shanghai index fluctuated back and forth near 3900 points, with a cumulative increase of 1.61%. Looking forward to the market outlook, the "warm winter market" will continue, but it should be noted that the current space and time have gradually approached the expectations, and investors who have not increased at the bottom and adjustment should not blindly chase high.

CSI 300 Four Hours Chart

Technical analysis:

Looking at the 4 -hour chart, the Shanghai and Shenzhen 3000 strengthened to above 4000 points. MACD continued to rise above the zero axis, showing that the market had further expanding the demand for increase. The current support was moved to near 3940. , The top target 4050-4100.

Multi -time turning point: 3940

Resistance level: 4050.00 4100.00

Support bit: 3940.00 3880.00

Trading strategy: Barrow on 3940, target 4050.00 4100.00

Alternative strategy: Watch the decline under 3940, target 3880.00 3820.00