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CSI 300: Continuously pressure 3900

2022-12-29
998
Fundamental analysis:

On Thursday (December 29), the three major indexes of A shares rose and declined. The Shanghai and Shenzhen 300 weak shocks closed down 0.44%, 3330 shares of the two cities fell, 1570 shares rose, and the volume could be maintained at a low level. The turnover was 614 billion yuan. The capital of the north was flowing in the closing, and 1.11 billion was sold throughout the day. Looking forward to the market outlook, the inflection point is not clear under the influence of the epidemic. The epidemic has a short -term impact on the market. The overall market capital of the market is weak. The new catalysis in the future may be that the expected or fundamental improvement progress of the stable growth policy may be better than that of the implementation of the policies. market expectation.

CSI 300 Four Hours Chart




Technical analysis:

Looking at the 4 -hour chart, the Shanghai and Shenzhen 300 maintained a downward trend under 3900. After the rebound, the trend was still short. MACD still maintained a large amount of volume under the zero axis. The resistance is maintained around 3900, and it is mainly empty below 3900. Looking at 3810-3750 below.

Multi -time turning point: 3900

Resistance level: 3900.00 3950.00
Support bit: 3810.00 3750.00

Trading strategy: Watch the decline under 3900, target 3810.00 3750.00
Alternative strategy: Bullies above 3900, target 3950.00 4000.00

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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