Watch the decline in CSI 300: 3710

Fundamental analysis:

On Wednesday (October 26), the two cities rushed up, and the index rose 1.7%of the next 1.7%in the early trading of pharmaceuticals and technology stocks. Closing up 0.78%. The 4050 shares of the two cities rose, 794 shares fell, and the turnover was 914 billion yuan. Looking forward to the future, the four key disturbances have been landed one after another. It is expected that this round of monthly restoration is expected to repair the market. The three major signs of active improvement in the A -share market have appeared one after another, and the comprehensive restoration of the market is in the first half of the policy -driven.

CSI 300 one hour map

Technical analysis:

Looking at the 1 -hour picture, the Shanghai and Shenzhen 300 rebounded to the nearby near 3710. At the same time, the amount of MACD was still large under the zero axis, and there was still a demand for further lower after the market rebound. Under 3710, continue to see the drop. The target below is 3600-3550.

Multi -short turning point: 3710

Resistance level: 3800.00 3860.00

Support bit: 3600.00 3550.00

Trading strategy: Watch the decline under 371,000, target 3600.00 3550.00

Alternative strategy: Bullies above 3710.00, target 3800.00 3860.00