CSI 300 index ST: further upside.

Trading Central 2020-11-20 14:57:06

Pivot: 4710.00

Our preference: long positions above 4710.00 with targets at 5200.00 & 5380.00 in extension.

Alternative scenario: below 4710.00 look for further downside with 4565.00 & 4481.00 as targets.

Comment: the RSI calls for a new upleg.

Supports and resistances:

5500.00 **

5380.00 ***

5200.00 ***

4945.18 Last

4710.00 ***

4565.00 ***

4481.00 **

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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