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CSI 300: Multi -headed strong

2023-04-18
858
Basic face analysis:

On Tuesday (April 18), the three major indexes rose and declined. The Shanghai and Shenzhen 300 rose 0.23%, the two cities rose 1443 shares, down 3394 shares, the turnover of the two cities exceeded 1 trillion, and the north net purchase was 2.2 billion yuan. Looking forward to the market outlook, the current stocks are still in the windows with multiple structures. In 2023, it is more about a process of rising bottom and moving in the market center.

CSI 300 Four Hours Chart



Technical analysis:

Looking at the 4-hour chart, the CSI 300 further increased and exceeded 4140. The MACD volume could regain the higher on the zero axis. It supports the 4110-4140 region, and the bullish at the top is near the target of 4200-4250 above.

Resistance position: 4200 4250

Support bit: 4140 4100

Trading strategy: 4110 to watch the bullish, target 4200 4250
Essential strategy: 4110, see the drop below, target 4050 4000

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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