On Wednesday (November 10), the main indexes of the two cities fell for the third consecutive day. The CSI 300 closed down 0.39%, the two cities fell 3021 shares, 1779 shares rose, and the turnover was 842 billion. Looking forward to the market outlook, the index has a relatively high rebound and the hotspots enter the differentiation. With no new emotional catalytic factors stimulated, the market enters the rectification.
CSI 300 one hour map
Looking at the 1 -hour chart, the Shanghai and Shenzhen 300 maintained under 3710, and the trend is biased towards weakness. At the same time, the MACD volume can shrink sharply on the zero axis, showing that the market is weaker in the short term. At 3710, it is mainly based on 3710. The target below is 3630-3550
Multi -short turning point: 3710
Resistance level: 3710.00 3800.00
Support bit: 3630.00 3580.00
Trading strategy: Watch the decline under 3710, target 3650.00 3580.00
Alternative strategy: Bullish on 3710, target 3800.00 3900.00