The price limit system, also known as the daily maximum price fluctuation limit, means that the trading price fluctuation of futures contracts in a trading day should not be higher or lower than the specified price fluctuation range, and the quotation exceeding this price fluctuation range will be regarded as invalid and cannot be traded.
Whether the opening price is high or low depends on call auction from 8: 55 am to 8: 59 am, which is consistent with call auction. Why is the gap high or low? Because some varieties are closely related to the external market, such as copper and soybeans, China is an importer of copper and soybeans. Due to the huge transaction volume in the external market, the world's largest copper pricing center is London LME, soybean pricing center is Chicago Board of Trade, and gold pricing center is new york Metal Exchange. Because of the time difference, their trading time is our evening, which is our closing time. Imagine that LME copper prices rose last night. In the morning, domestic speculators can see the skyrocketing abroad as soon as they open the market software. When they were in call auction, they didn't trade at yesterday's closing price, so they opened higher or lower.
Generally speaking, the settlement price is close to the daily limit and will open higher the next day. However, this is also divided into many situations: 1, trend. If the trend is bullish, there is a high probability that the market price will open higher the next day and go up directly. If the trend is bearish, even if it opens higher, it is best to seize the relatively high position to close the position. Making orders emphasizes taking advantage of the trend, not grabbing orders against the trend. 2. Analyze the dead fork of the moving average. Obviously, the dead fork is bound to rise, and the dead fork is the opposite. 3. William indicator shows a trend against the market, so a high William indicator indicates that the price is falling. 4. Deviation phenomena should also attract the attention of traders, such as price deviation and indicator deviation from the trend. In short, the futures market is not absolutely accurate. Traders should combine a variety of technical analysis to get a high probability price trend before entering the market, and the setting of stop loss point is also very important.
The stock daily limit shows that the main force has a strong desire to do more, so can it catch up the next day? If it is low, I suggest waiting and seeing. Why? Generally, stocks with constant strength are the ones that chase the daily limit. The next day, there are more stocks that open higher and close their positions directly, but it is possible to do more if they open lower, so it is to wash the dishes and leave 30 minutes before the opening. If it is low and high, you can refer to it. The best trend is small.