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CSI 300: 4160

2023-03-06
911
Fundamental analysis:

On Friday (March 6), the three major indexes of A -shares rose and declined. The Shanghai and Shenzhen 300 was a weak shock throughout the day. The Shanghai and Shenzhen cities today's turnover was 95.09 billion yuan, which was 81.4 billion from the previous trading day. Looking forward to the market outlook, A shares are expected to enter the medium and long -term bull market market. The foreign investment has been sharply inflated into A shares during the year, actively making multiple Chinese assets, the weight stocks performed well, and the mid -line can still pay attention to.

CSI 300 Four Hours Chart




Technical analysis:

Looking at the 4-hour chart, the Shanghai and Shenzhen 300 dropped to the consolidation of near 4100. At the same time, the MACD shrinks near the zero axis, and the market has entered a short period of time. The current trend maintains 4030-4160 boxes. Turn on the interval.

Multi -short turning point: 4160

Resistance level: 4160.00 4200.00
Support bit: 4080.00 4030.00

Trading strategy: Light on the 4160, target 4200.00 4300.00
Extracting strategy: Watch the decline under 4160, target 4100.00 4030.00

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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