CSI 300: Follow the 3060 support

Fundamental analysis:

On Tuesday (February 24) A shares fell again. The Shanghai and Shenzhen 300 was weakly shocked throughout the day. The largest decline in the market exceeded 1%, and finally closed down 0.62%. The preference continued to decline, the effect of making money was extremely poor, the turnover was only 725 billion, and the net funds sold in the north sold of 5.09 billion. Looking forward to the market outlook, from January to February, it will be the transition period of market structure conversion. Foreign capital has been sharply inflated into A shares during the year, actively making multiple Chinese assets, and the midline can still pay attention to.

CSI 300 Four Hours Chart

Technical analysis:

Looking at the 4-hour chart, the CSI 300 stopped decline after the callback 4060, and the trend continued to enter consolidation. At the same time, MACD began to make a small amount under the zero axis. The current support is 4060. 4000-3950.

Multi -time turning point: 4060

Resistance level: 4120.00 4160.00

Support bit: 4060.00 4100.00

Trading strategy: Light on the 4060, target 4120.00 4200.00

Qualification Strategy: Watch the decline under 4060, target 4000.00 3950.00