Watch the decline under the Shanghai and Shenzhen 300: 4090

Fundamental analysis:

On Thursday (March 9), the two cities of A shares continued to adjust. The largest decline in the 300 Shanghai and Shenzhen 300 sets was 0.7%, and finally closed down 0.22%. The two cities fell 2540 shares, 2350 shares rose, with a turnover of 756 billion, and the net funds were net funds. Sold 4.17 billion. Looking forward to the market outlook, in the short term, under the influence of the Federal Reserve's increase in interest rate hikes, there is no more powerful recovery data background in the interior, and the weak shock operation is a high probability event.

CSI 300 Four Hours Chart

Technical analysis:

Looking at the 4-hour chart, the Shanghai and Shenzhen 300 continued to fall under 4030. At the same time, the MACD reappeared under the zero axis, and the trend was biased down. The resistance focused on 4090. nearby.

Multi -short turning point: 4090

Resistance level: 4090.00 4140.00

Support bit: 4000.00 3920.00

Trading strategy: Barrow on 4090, target 4140.00 4200.00

Extracting strategy: Watch the decline under 4090, target 4000.00 3920.00