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How to calculate the price difference and spot of futures?
The difference in positions indicates that the total positions have increased or decreased compared with yesterday. For example, today's position is 100000 lots and yesterday's position was 1 10000 lots, so today's position is reduced by 10000 lots, that is,-10000 lots. It has nothing to do with compensation.

You will gain something after reading the following.

Basic indicators of futures: volume, position and price.

The main basic indicators of technical analysis of futures prices are opening price, closing price, highest price, lowest price, trading volume and open contract volume.

(1) Opening price, the price generated in call auction five minutes before the opening.

(2) Closing price, the price generated by call auction five minutes before the market closes.

(3) The highest price is the highest transaction price of the day.

(4) The lowest price is the lowest transaction price of the day.

(5) Volume refers to the number of contracts for a commodity futures of an exchange within a certain trading time. In the domestic futures market, the sum of trading volume is used to calculate trading volume.

(6) Open position refers to the amount of a commodity futures contract that has not been hedged and delivered in kind after being bought or sold, also known as open position or short position. The buyers and sellers of open contracts are equal, and the amount of open contracts is only the total amount of buyers and sellers. If both buyers and sellers are new positions, the open position will increase by 2 contracts; If one party opens a position and the other party closes the position, the amount of open contracts remains unchanged; If both the buyer and the seller close their positions, the open position will be reduced by 2 contracts. When the next opening quantity is equal to the closing quantity, the number of open contracts remains unchanged.

Since the amount of open contracts refers to the number of contracts that have not been hedged and settled from the beginning of trading to the end of calculating the amount of open contracts, the larger the amount of open contracts, the greater the sum of closed transactions and physical delivery before the contract expires, and the greater the trading volume. Therefore, the analysis of the changes in the amount of open contracts can infer the flow of funds in the futures market. The increase in open contracts indicates that funds flow into the futures market; On the contrary, it means that funds are flowing out of the futures market.

The Relationship among Volume, Open Contract Quantity and Price

Changes in trading volume and positions will affect futures prices, and changes in futures prices will also cause changes in trading volume and positions. Therefore, analyzing the changes of the three is conducive to correctly predicting the trend of futures prices.

1. The volume of transactions and open contracts has increased, and the price has risen, indicating that new buyers are making a large number of acquisitions, and the price may continue to rise in the near future.

2. The volume of transactions and open contracts has decreased, and the price has risen, indicating that a large number of short positions have been closed, and the price will go up in the short term, but it may fall back soon.

3. With the increase of trading volume, the price rises, but the amount of open contracts decreases, indicating that both short sellers and short sellers are closing their positions in large quantities, and the price will fall immediately.

4. The increase in trading volume and positions and the decrease in price indicate that short sellers sell contracts in large quantities, and the price may fall in the short term, but if they sell too much, the price may rise.

5. The volume and position decreased, and the price fell, indicating that a large number of short sellers are eager to sell their positions, and the price will continue to fall in the short term.

6. The increase in trading volume, the increase in open positions and the decline in prices indicate that when prices fall due to short sellers' closing positions, short sellers may make profits by covering positions and closing positions one after another, and prices may turn to rebound.

As can be seen from the above analysis, under normal circumstances, if the volume and opening position are in the same direction as the price, the price trend can last for a period of time; If the two are opposite to the price, the price trend may turn. Of course, this needs to be further analyzed in combination with different price patterns.