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CSI 300: Support Follow 3730

2022-11-23
226
Fundamental analysis:

On Tuesday (November 22), the three major indexes rose and declined. The CSI 300 rose 0.13%under the support of Chinese characters. Essence Looking forward to the market outlook, the probability of slow cows in the A -share market is relatively high. On the one hand, the domestic epidemic is still existed with the disturbance of growth expectations and overseas inflation. On the other hand Large, financially, quantitative, and industrial capital are difficult to form a joint force.

CSI 300 one hour map




Technical analysis:

Looking at the 1-hour chart, the CSI 300 stopped falling after the recovery 3730 support. The MACD volume can be maintained above the zero axis. The trend is still on the top. 3650-3600.

Multi -short turning point: 3730
Resistance level: 3820.00 3900.00
Support bit: 3730.00 3600.00

Trading strategy: Watch the decline under 3730, target 3700.00 3600.00
Alternative strategy: Bullish above 3730, target 3820.00 3900.00

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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