There are many external risks, will the rebound of A shares be interrupted?

A brief analysis of the fundamentals:

On Tuesday (June 7), the Asia-Pacific markets generally closed down. The yen depreciated sharply, the Australian central bank raised interest rates more than expected, the Korean stock market fell sharply due to the peninsula crisis, and Hong Kong stocks were also affected. The gains closed. In the short term, the main contradiction of A-shares has not changed, and easy credit is still the main factor affecting the market. However, once the external variables continue for too long, the yields of the US dollar and US bonds will continue to strengthen for a long time, and the conflict on the Korean peninsula will intensify. The confidence of A-share investors will inevitably have an impact, and the rebound may be interrupted by then

CSI 300 four-hour chart

A brief technical analysis:

Looking at the 4-hour chart, after the bottom of the CSI 300 continued to rise, it rose to the 4180 line yesterday, and then fell back due to insufficient strength. The K line received a combination signal of "dark cloud cover", indicating that the short-term trend may have adjustment risks.

Long and short turning point: 4180

Resistance: 4270.00 4320.00

Support level: 4065.00 3920.00

Trading strategy: bullish above 4180.00, target 4270.00 4320.00

Alternative strategy: bearish below 4180.00, target 4065.00 3920.00