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CSI 300: Power Move 4005

2023-04-24
737
Basic face analysis:

On Monday (April 24), the three major indexes of A -shares closed collectively. The Shanghai and Shenzhen 300 closed down 0.78%. Thousands of dollars sold 3.828 billion yuan in north. Looking forward to the future, the recent quarterly report period, the impact of performance has increased significantly, and the theme transactions under the external catalyst entered the cooling stage. There is a series of uncertain or potential negative factors in the short -term market.

CSI 300 Four Hours Chart



Technical analysis:

Looking at the 4-hour chart, the Shanghai and Shenzhen 300 further decreased, and the trend continued to be short. The MACD volume could wear a zero axis. At present, the resistance has been moved down to 4005, and the target is 3950-3900 under 4005.

Resistance position: 4005 4060

Support bit: 3950 3900

Trading strategy: Below 4005, the target 3950 3900
Extracting strategy: 4005, watch the bullish, target 4050 4100

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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