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Watch the decline under the Shanghai and Shenzhen 300: 4005

2023-04-26
717
Basic face analysis:

Most of the three major indexes of A shares closed on Wednesday (April 26), and the CSI 300 almost closed. The two cities rose 3,375 shares, down 1501 shares, and the turnover of the two cities was 112 million yuan. It exceeded 1 trillion yuan in the 17th consecutive trading day and bought 751 million yuan in north. Looking forward to the market outlook, large -level A shares are still in the bottom area. The CSI 300 Index has a rebound at the lower edge of the shock interval. It is currently a relatively low level and excellent risk income is better.

CSI 300 Four Hours Chart



Technical analysis:

Looking at the 4 -hour chart, the Shanghai and Shenzhen 300 shocks on the low level 3940, and the MACD volume can continue to be amplified under the zero axis. At present, the resistance continues to pay attention to near 4005, supporting the support of near 3940.

Resistance position: 4005 4060

Support bit: 3950 3900

Trading strategy: Below 4005, the target 3950 3900
Extracting strategy: 4005, watch the bullish, target 4050 4100

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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