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CSI 300: Division consolidation

2022-12-14
1072
Fundamental analysis:

On Tuesday (December 13), the two cities of A shares have been adjusted again. The Shanghai and Shenzhen 300 was mainly based on narrow shocks and closed down 0.09%. The 2880 shares of the two cities fell. 810 billion yuan, net sold for 947 million yuan in funds in the north. Looking forward to the market outlook, under the trend of loose policies+epidemic prevention optimization, market risk preferences and pessimistic expectations for the economy continue to recover. The impact from the outside is also weakening. Foreign capital has returned sharply.

CSI 300 one hour map




Technical analysis:

Looking at the 1 -hour chart, the CSI 3000 was blocked at 4000 points, and MACD maintained a state of volume at the zero axis, showing that there is still a need for further expansion of the increase. The current support continues to pay attention to near 3940. It 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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