CSI 300: Follow the 3940-4010 range

Fundamental analysis:

On Monday (December 12), the three major A -share indexes were weakly shocked throughout the day. As of the closing, the Shanghai and Shenzhen 300 closed down 0.87%, and the annual turnover of the Shanghai and Shenzhen cities was 909.8 billion yuan. More than 2,900 stocks in the two cities fell, and the northbound capital sold 4.338 billion yuan throughout the day. Looking forward to the market outlook, with the implementation of the "New Ten Articles" of the epidemic, the expectations of China's economic fundamentals will improve the emotional recovery of driving investors. Next, we can focus on the improvement rhythm of the expected improvement of economic fundamentals in December, the restoration of the industrial chain after the continuous increase of real estate policies on both sides of the supply and demand, and changes in overseas environment, especially the US inflation and monetary policy.

CSI 300 Four Hours Chart

Technical analysis:

Looking at the 4 -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