CSI 300: Power Movement 3900

Fundamental analysis:

On Tuesday (December 20), the two cities shrink down, and the Shanghai and Shenzhen 300 closed up 1.07%throughout the day. It was a decline in the fourth consecutive trading day. The transaction volume decreased significantly, and the turnover was less than 640 billion yuan. Looking forward to the market outlook, the domestic policy dividend period, overseas tightening expectations, the ease of ease, double -term superposition, resonance at home and abroad, after the completion of the A -share market at the bottom of the mid -term, may be expected to repeat the reversal level, and the index still needs to wait patiently.

CSI 300 Four Hours Chart

Technical analysis:

Looking at the 4 -hour chart, CSI continued to fall under 3940, and fell below 3900 again. The trend was short. MACD appeared under the zero axis. It is mainly empty below 3900, watching 3800-3750 below.

Multi -time turning point: 3900

Resistance level: 3900.00 3940.00

Support bit: 3800.00 3750.00

Trading strategy: Watch the decline under 3900, target 3800.00 3750.00

Alternative strategy: Bullies above 3900, target 3940.00 4000.00