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CSI 300: 4130-4200 interval consolidation

2023-01-31
883
Fundamental analysis:

On Tuesday (January 31st), the three major indexes were adjusted. The Shanghai and Shenzhen 300 were mainly weak shocks throughout the day, closed down 0.42%, 2980 shares of the two cities rose, 1900 shares fell, and the market sentiment and money -making effects fell significantly. The turnover was 900 billion yuan. The net inflow of funds in the north is 13.017 billion yuan. Looking forward to the market outlook, the epidemic disturbance may continue until the beginning of the year. The domestic macro policies have been steadily growing, the financial efforts, the loose currency, and the promotion of the subsequent growth policy and the stabilization of the economic stability. Quotes.

CSI 300 one hour map




Technical analysis:

Looking at the 1 -hour picture, the CSI 300 further retracted from the high position and fell to 4200, but MACD still maintained a relatively uniform energy energy state on the zero axis. The current pressure is concentrated near 4200, supporting the support concentrated around 4130, at this time, this is the case. Seeing shocks in the interval.

Multi -short turning point: 41200

Resistance level: 4200.00 4250.00
Support bit: 4180.00 4140.00

Trading strategy: Bullish above 4200, target 4250.00 4300.00
Qualification Strategy: Watch the drop under 4200, target 4150.00 4100.00

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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