1. Futures positions refer to contracts with unilateral quantity that are still in the hands of futures investors. You can also call it a position, but you can be short or long.
2. Overall future positions, its changes reflect the business interests of investors in the contract, which is a nervous indicator for investors to participate in the contract business. The increase in total positions means that investors are more and more interested in it; On the contrary, I am healthy; If the business volume is rising and the total position is stable, then the advantage of changing hands is announced.
3. Business that changed hands. The business of changing hands can be divided into "bulls" and "bears". When investors who originally held long positions sold their positions, they basically said that there were some liquidation actions, but the amount of liquidation did not change. The total position of stock index futures market is calculated unilaterally, which is different from the bilateral calculation of commodity futures market.
It is important to look at the data changes of trading volume, positions and positions, and analyze the market conditions according to these data changes.
Future positions's explanation is usually divided into the following environments:
1, the trading volume is gradually enlarged, and the positions are simultaneously increased.
It is important to fluctuate within the price range at the beginning of the unilateral market. This environment is because the market has not responded to the long and short, which is what we often call the long and short resistance stalemate. It is very important to judge the strength of the long and short trend.