Effective prevention and control of the epidemic, CSI 300 rebounded and strengthened

A brief analysis of the fundamentals:

On Wednesday (June 2), the last trading day before the Dragon Boat Festival, the three major indexes fluctuated throughout the day and continued to rebound, led by the ChiNext Index. Due to the full resumption of work and production in Shanghai, which has promoted the rise of the new energy vehicle consumption sector, coupled with the continuous allocation of foreign capital, the net inflow of northbound funds has been 7 billion yuan. Although the market environment still faces certain challenges, the follow-up upside needs more fundamental catalysts.

CSI 300 four-hour chart

A brief technical analysis:

From the 4-hour chart, the low point of CSI 300 has risen, with a clear bottom upside pattern, and has stabilized the support level of 4028. It is expected to continue to rise in shock on this support during the day.

Long-short turning point: 4028

Resistance: 4105.00 4195.00

Support level: 4020.00 3950.00