Fundamental analysis:
On Monday (December 19), the two cities fell unilaterally, and the Shanghai and Shenzhen 300 sets fell below 3900 points, closing up 1.92%throughout the day. 756 billion yuan, net sales north to sell
1.49 billion. Looking forward to the market outlook, after the A -share comprehensive repair market is still setting up the policy of the Central Economic Work Conference, which is still held recently, the policy is expected to be tide. The epidemic has become the core observation variable, and the index trend is still uncertain.
CSI 300 Four Hours Chart
Technical analysis:
Looking at the 4 -hour chart, the Shanghai and Shenzhen 3000 fell to near 3900 after the 3970 front line continued to be blocked. MACD appeared slightly under the zero axis, showing that the market entered the adjustment trend. The current strong support 3940 has been converted into pressure, under 3940 below 3940 Belong, look at 3880-3800 below.
Multi -time turning point: 3940
Resistance level: 3940.00 4010.00
Support bit: 3880.00 3800.00
Trading strategy: Watch the decline under 3940, target 3880.00 3800.00
Alternative strategy: Bullish above 3940, target 4010.00 4080.00