The regulatory layer frequently blows warm air, and the bottom of the CSI 300 is beginning to appear

A brief analysis of the fundamentals:

On Tuesday (May 31), on the last day of May, Shanghai announced that it will fully resume work and production and restore life order from June 1. Together with the 33 policies and measures issued by the State Council of China, it will be good for A shares. CSI 300 It ended up 1.55% higher. What needs to be vigilant is that the Fed will officially start to shrink its balance sheet on June 1. If the shrinking of the balance sheet triggers a "dollar shortage" and tightens liquidity, the weakening of US stocks will also put pressure on A shares.

CSI 300 four-hour chart

A brief technical analysis:

From the 4-hour chart, the low point of the CSI 300 has risen, with a more obvious bottom upside pattern, and it is expected to continue the volatile rise in the day.

 

Long-short turning point: 4020

Resistance: 4105.00 4195.00

Support level: 4020.00 3950.00

Trading strategy: bullish above 4020.00, target 4105.00 4195.00

Alternative strategy: bearish below 4020.00, target 3950.00 3800.00