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CSI 300: Support Follow 4110

2023-04-19
843
Basic face analysis:

On Wednesday (April 19th), the three major indexes fell collectively. The Shanghai and Shenzhen 300 fell 0.68%. The two cities rose 1542 shares, down 3279 shares, the turnover of the two cities exceeded 1 trillion, and sold 900 million yuan in north. Looking forward to the market outlook, the current stocks are still in the windows with multiple structures. In 2023, it is more about a process of rising bottom and moving in the market center. The CSI 3000 will be achieved overnight, and the process of repeated and full -scale changes is needed.

CSI 300 Four Hours Chart



Technical analysis:

Looking at the 4-hour chart, the CSI 300 was adjusted under 4170. The MACD volume can regain high above the zero axis, and the uplink trend remains unchanged. It supports the 4100-4110 area and maintains a bullish. The target above 4170-4200 above.

Resistance position: 4200 4250

Support bit: 4110 4060

Trading strategy: 4110 to watch the bullish, target 4200 4250
Essential strategy: 4110, see the drop below, target 4050 4000

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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