CSI 300: Support Follow 4100

Fundamental analysis:

On Tuesday (February 21), the three major indexes of A shares rose and declined. The CSI 300 rose 0.49%under the support of cyclical stocks such as steel and coal. The 2930 shares of the two cities rose, 1920 shares fell, with a turnover of 921 billion yuan, and the funds on the north were on the north. Net bought 1.85 billion. Looking forward to the market outlook, the time is approaching the two sessions. In this context, combining the recovery of the previous valuation level, during the short -term market may lack significant favorable catalytic factors, the trend of the overall fluctuation of A shares may continue for a period of time. After the substantive stability and recovery, the market is expected to regain its ascension.

CSI 300 Four Hours Chart

Technical analysis:

Looking at the 4-hour chart, the Shanghai and Shenzhen 30 continues to rise above the 4060, and the multi-head trend is expected to continue. At the same time, the MACD starts the school uniform volume on the zero axis. The current support is 4100.

Multi -time turning point: 4100

Resistance level: 4180.00 4250.00

Support bit: 4100.00 3950.00

Trading strategy: Bullish above 4100, target 4180.00 4250.00

Qualification Strategy: Watch the drop under 4100, target 4000.00 3950.00