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CSI 300: Resistance Follow 4090

Fundamental analysis:

On Wednesday (March 8), the two cities of A -shares were adjusted. The Shanghai and Shenzhen 300 was mainly weak shocks throughout the day. Falling 0.06%, a decline in the third consecutive trading day. The 3560 shares of the two cities rose, 1340 shares fell, the market was not willing to do, and the volume could shrink significantly. The turnover was less than 720 billion yuan.

CSI 300 Four Hours Chart

Technical analysis:

Looking at the 4-hour chart, the Shanghai and Shenzhen 300 continued to break down 4030 slightly. At the same time, the MACD reappeared under the zero axis. Essence

Multi -short turning point: 4090

Resistance level: 4090.00 4140.00
Support bit: 4000.00 3920.00

Trading strategy: Barrow on 4090, target 4140.00 4200.00
Extracting strategy: Watch the decline under 4090, target 4000.00 3920.00

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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