Second, ordinary investors who don't understand think that the stock market decline is caused by stock index futures, but what they don't know is that stock index futures is an important hedging channel after funds, national teams and foreign investors buy stocks. If not, the stock market will only fall even worse, because without hedging channels, these main buyers will not take the initiative to start buying.
Third, the change of stock spot market is the engine of stock index futures market. Even if you want to short stock index futures, you need to buy them in the spot market before selling them. Buying them will cause the stock market to rise.
Fourth, the interpretation of stock index futures is mostly misreading, which is an excuse given by failed investors who do not understand the chip analysis of technical analysis.