CSI 300: Blot downward acceleration

Fundamental analysis:

On Friday (March 10), the three major indexes of A shares continued to slug. The Shanghai and Shenzhen 300 Index fluctuated and lowered all day, closing 1.4%, and individual stocks showed a general decline. The net outflow of funds in the north is 3.22 billion yuan. Looking forward to the market outlook, from the perspective of the relationship between the high -frequency economic growth index and the stock market, there is a strong synchronization positive correlation in the history of China's growth and the stock market yield. The recent stock market trend has not fully reflected the level of economic restoration.

CSI 300 Four Hours Chart

Technical analysis:

Looking at the 4 -hour chart, the Shanghai and Shenzhen 300 continued to fall under 4030. At the same time, the MACD re -capacity under the zero axis, the trend is biased downward, the resistance is currently moving down to 4010, 4010 continues to be empty, and the target 3920 below is 3920 below. 3920 below 3920 -3850 near.

Multi -time turning point: 4010

Resistance level: 4010.00 4090.00

Support bit: 3920.00 3850.00

Trading strategy: Light on 4010, target 4090.00 4150.00

Qualification Strategy: Watch the decline under 4010, target 3920.00 3850.00