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Why is the closing price of futures yesterday different from today's "closing price yesterday"? ! ! ! ! !
This is a basic system of futures operation, which is called the debt-free settlement system of the day. It means that the profit and loss of the account after liquidation is calculated at the settlement price, which is also the weighted average price of the whole day's price and volume. The advantage of this is to avoid the behavior of maliciously raising or lowering the price to manipulate the end-of-day settlement price (not the settlement price).

Disk language of futures: conveyed by digital information, related to the last trading day in time and space, describing the contest between the two forces in the market and reflecting all the fundamentals and main capital intentions at a certain moment. It includes:

1. Opening price: It was made by both long and short sides five minutes before the opening price, which has already reflected the intentions of some main players. Especially when the price patterns of other related fundamentals suddenly change, the opening price can better reflect the attitudes, intentions and strength of the warring parties, but it will be corrected by the intervention of large funds, popularity trends and direction trends in the later trading hours.

2. Closing price: The closing price is a summary of the price trend of the whole day, and it is also an evaluation of the long-short contest of the day. It is the most important price in a day, a price that both sides agree, pause the game and compromise with each other, and it is also an important blocking support.

3. intraday highest price and lowest price: these two prices reflect the peak and valley values of the long-short capital game contest in the continuation stage. The characteristic is that there is often a large transaction volume near the highest price or the lowest price, which is more clear in the time-sharing chart. At the same time, it also clarifies the scope of the game between long and short sides, which is also an important blocking support level.

4. Volume: The trading volume of the day reflects the strength of market investors in the price range of the day. It reflects the current psychological state of investors, actively intervening or appearing on the sidelines or waiting for funds. Energy that reflects the price change in a certain direction at a deeper level is gathering or being released. When the transaction is effectively enlarged, or the beginning or end of the market is staged, it is of course necessary to make a comprehensive judgment based on factors such as positions and prices.

5. Positions: The change of positions plays an important role in the price operation, representing the will and intention of the main funds to hold positions. It can be divided into active (negative) position and passive (negative) position. Through the change of positions, the cost of main positions can be estimated, which provides a certain basis for investors to trade in operation. Generally speaking, if the position change of a contract on the same day exceeds 10%, it may induce the market. The above five aspects are the most authentic and objective information for all investors in the market. This information has not been deliberately processed and processed, which truly reflects the current situation of the market and provides the best basis for investors to enter the market.