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Look at the decline in CSI 300: 4020

2023-03-19
422
Basic face analysis:

On Friday (March 17), the three major indexes of A -shares rose and declined. The Shanghai and Shenzhen 300s early in the concept of the reform of technology and central enterprise reform to promote the next 1.6%, the end of the end fell rapidly, and finally closed up 0.73%. The two cities 3200 The stock rose, the 1600 shares fell, the market emotions improved significantly, the money -making effect was strong, and the turnover was 970 billion yuan. Looking forward to the market outlook, the current market has covered the risk of impact risks on European bankruptcy and the risk of bankruptcy of bank bankruptcy in the United States. It cannot be established, and A shares will usher in risk preferences to repair rebounds.

CSI 300 Four Hours Chart



Technical analysis:

Looking at the 4 -hour chart, the Shanghai and Shenzhen 300 continued to weaken under 4020, and the pressure appeared again. At the same time, the amount of MACD was still large under the zero axis, showing that the short kinetic energy was still strong, the resistance was 4020, and the daily 4020 continued to see the drop. , The target below is near 3900-3850.

Resistance level: 4020 4080

Support bit: 3900 3850

Trading strategy: 4020, go below, target 3900 3850
Extracting strategy: 4020 to see the bullish, target 4080 4150

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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