The position held after selling the stock index futures contract is called short position, referred to as short position. Investors holding long positions think that the price of stock index futures contracts will rise, so they will buy; On the contrary, investors who hold short positions think that the price of stock index futures contracts will fall in the future, so they sell them.
In stock index futures trading, the positions held by investors after buying stock index futures contracts are called long positions. Investors holding long positions think that the price of stock index futures contracts will rise, so they will buy; On the contrary, investors who hold short positions think that the price of stock index futures contracts will fall in the future, so they sell them.
There are more short positions than long positions, indicating that bullish people hold fewer positions, indicating that the stock market is likely to fall in the future.
There are more bulls than bears, indicating that there are many long positions, indicating that the stock market is likely to rise in the future.