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CSI 300: Continuing the shock consolidation

2022-12-15
1004
Fundamental analysis:

On Thursday (December 15), the three major indexes were differentiated. The Shanghai and Shenzhen 300 was weakly shocked throughout the day. 766 billion. Looking forward to the market outlook, the three major factors of the adjustment direction, external liquidity expected inflection point, and geopolitical improvement improvement have been clearly clear. The three major factors have improved the fundamentals, valuation and risk preferences.

CSI 300 One Four -hour chart


Technical analysis:

Looking at the 4 -hour chart, the CSI 3000 was supported again at 3940 points. MACD appeared on the zero axis and showed a narrowing state, showing that the market entered the adjustment range of the adjustment range. The current support continues to pay attention to near 3940, and the pressure above is near 4010, which effectively breaks through effective breakthroughs. 4010 will open a new round of upward space.

Multi -time turning point: 3940
Resistance level: 4010.00 4080.00
Support bit: 3940.00 3880.00

Trading strategy: Barrow on 3940, target 4010.00 4080.00
Alternative strategy: Watch the decline under 3940, target 3880.00 3820.00

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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