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CSI 300: 3660

2022-10-26
1122
Fundamental analysis:

On Tuesday (October 25), the three major indexes fell together. The Shanghai and Shenzhen 300 closed down 0.04%and the turnover was 802 billion yuan. Looking forward to the future, although the current market is still worried about the local epidemic situation on consumer disturbances, weak real estate investment and sales, overseas decline may affect the impact of China's exports and geopolitical situations, domestic policies are still actively growing up. Although the exchange rate has fluctuated, it is also close to the historical low. The current asset prices have implicitly implicitly pessimistic expectations, and the market outlook may fall.

CSI 300 one hour map



Technical analysis:

Looking at the 1-hour picture, the Shanghai and Shenzhen 300 rebound pressure again near 3660, and the MACD began to regain the volume again under the zero axis. The short-term trend showed that the shortness began to accelerate. At the end of the 3660, the 3600-3500 was seen below.

Multi -short turning point: 3660

Resistance level: 3660.00 3770.00
Support bit: 3600.00 3500.00

Trading strategy: Watch the decline under 3660.00, target 3600.00 3500.00
Alternative strategy: Bullies above 3660.00, target 3700.00 3770.00

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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