Approaching 1 Million 200 Thousand Hands! Index Volume Hit A New High

Every week when the deadline for delivery is due, the market will become more and more frequent.

This is no exception in the IF1410 contract. Yesterday, the index rose sharply after opening sharply in the early morning, and reached a new high within a week, then fell back in the afternoon and closed at the opening price.

At the same time, trading volume once again refreshed the history of up to 1199645 hands, close to 1 million 200 thousand hands, holdings increased by more than 4000 hands.

On the technical side, some analysts believe that the index form has changed from strong to weak.

Lai Qingzhu, a researcher at Ruida futures index, said that in the latter part of the national day, the price dropped slightly, and the center of gravity dropped slightly. As of yesterday, the main contract closed on the 5, 10 and 20 days.

Near the expiration date, the agency's margin reduction on the current main contract IF1410 is obvious. The first twenty seats have reduced 22619 positions, and the short positions have been reduced by 27339. At present, there are more than twenty seats in the first twenty seats and 18917 hands and 20910 hands respectively.

In this regard, analysts pointed out that the current air force performance is strong, mainly due to the widespread downturn in the peripheral market and low economic data, and the return of many sides clearly shows that the market is still in the control of long.

Baocheng futures futures researcher Tong Hui said that short-term trading volume has increased and holdings have been reduced, and the index has generally been on the bottom of the market in recent years, showing a slight rise in the bottom of the bottom line, which shows that the short term behavior of funds has increased, reflecting the strong sentiment of the current market as a whole.

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Behind the enlargement of the volume is the difference between the two sides in the 2450 points.

Lai Qingzhu said.

Under the divergence, market sentiment can not be ignored.

A group of data is worth noting. On the day of delivery, IF1410 and IF1411 contracts for two consecutive days on Tuesday and Wednesday.

Premium.

Market participants believe that the two contract is also rare at the same time, continuous discount shows that market sentiment is not optimistic.

At the same time, the price difference between the IF1410 contract and the IF1411 contract is gradually converging to the -4 point from the -8.6 price difference before the festival.

It is believed that this is mainly affected by factors such as the September and the three quarter of the week's macro data being released and the data mixed. Investors' confidence is not strong enough. Meanwhile, the European and American stock markets are volatile and volatile in the week, and the market sentiment is more cautious.

"Although the IF1410 contract has been in a slight discount on the day of delivery, the discount rate is within the scope of the market acceptance. The market is calm for the current price performance and there has been no intense emotional distortion.

The convergence of the IF1410 contract and the IF1411 contract spreads shows that the early market bearish sentiment weakens slightly after the holiday.

Tong Hui said.

Zhang Zihai, a researcher at China Airlines futures, thinks that since July, the index has been up and down, and the factors such as the expected release rate of dividend reform, the downtrend of market interest rates and the low level of valuation have contributed to the capital inflow.

However, it should be noted that the recent economic situation is still in the low stabilization stage, and the height above the index needs to be considered.