A brief analysis of the fundamentals:
On Friday (August 26), the three major A-share indexes were mixed, and the CSI 300 closed up 0.14%, led by energy, military and other stocks. Looking forward to the market outlook, the policy will be strengthened to deal with the economic pressure. The monetary policy has already taken the lead, and the interim report will be disclosed and closed. The external inflation and recession risks are still relatively large. become the norm recently.
CSI 300 one-hour chart
A brief technical analysis:
From the 1-hour chart, the CSI 300 continued to be under pressure below 4130, and at the same time obtained short-term support above 4060, but the MACD continued to expand below the zero axis, indicating that the market has further downward momentum, and is below 4130 within days Continue to be bearish, while paying attention to support 4060, above 4060 to see rebound 4130-4200, below 4060 to see 4000-3950
Long and short turning point: 4060
Resistance: 4130.00 4200.00
Support level: 4000.00 3950.00
Trading strategy: bullish above 4060.00, target 4130.00 4200.00
Alternative strategy: bearish below 4060.00, target 4000.00 3950.00