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CSI 300: Resistance Follow 4020

2023-03-20
794
Basic face analysis:

On Monday (March 20), the three major indexes of A -shares fell collectively. The Shanghai and Shenzhen 300 fell 0.48%. 100 million. Looking forward to the market outlook, overseas US SMB crisis incidents and Credit Suisse storms have some suppression of market risk preferences, but the performance of A -share mid -term depends more on its own growth and policy cycle. It is expected to gradually usher in a good stage.

CSI 300 Four Hours Chart



Technical analysis:

Looking at the 4 -hour chart, the Shanghai and Shenzhen 300 continued to weaken under 4020, and the pressure appeared again. At the same time, the amount of MACD was still large under the zero axis, showing that the short kinetic energy was still strong, the resistance was 4020, and the daily 4020 continued to see the drop. , The target below is near 3900-3850.

Resistance level: 4020 4080

Support bit: 3900 3850

Trading strategy: 4020, go below, target 3900 3850
Extracting strategy: 4020 to see the bullish, target 4080 4150

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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