Futures positions refer to the total positions of all contracts in a contract market. Open positions can reflect the bullish or bearish attitude of market participants towards specific futures varieties, and also help analysts and investors to judge market trends and trading sentiment. Future positions is usually used to analyze market fever, adjust strategies and predict future price trends.

Calculation method of futures positions The calculation method of futures positions varies with different contract types. Generally speaking, future positions can be calculated by the following formula:

Futures position = open position+open position.

Open position refers to the number of long contracts opened on the same day, and open position refers to the number of short contracts opened on the same day. It should be noted that this calculation method can only calculate the position of the day, and cannot calculate the position of multiple days cumulatively.

The analytical significance of futures positions The changes of futures positions can reflect the buying and selling emotions and expectations of market participants. The increase in futures positions means that the market bulls are stronger and investors are generally bullish; On the contrary, when futures positions decrease, it means that the short-selling power of the market is enhanced and investors are generally bearish. Changes in positions can be used to judge market sentiment and expectations.

Futures positions can also be used to analyze market heat. When the position of a commodity contract increases greatly, it shows that the variety has attracted more investors' attention and the market is hot; On the contrary, a sharp reduction in positions means a decline in market enthusiasm.

How to use futures positions for analysis needs to be comprehensively judged in combination with other indicators and market conditions. The following are some common methods to analyze future positions:

Compare the trend of futures prices and positions. When futures prices rise and positions increase simultaneously, it shows that the market bulls are strong and may rise; On the contrary, when futures prices fall and positions decrease at the same time, it shows that the market bears are strong and may fall. Observe the speed of change in future positions. If the position increases or decreases rapidly, it may mean a rapid change in market sentiment, and investors should pay close attention to further market trends. Compare the difference between bulls and bears. When the bulls are obviously larger than the bears, it shows that the market bulls are strong and beneficial to the bulls; On the other hand, when the short position is obviously larger than the long position, it shows that the short position in the market is strong, which is conducive to bearish. It should be noted that futures positions are only a reference index and cannot be used as a single basis for judgment. Investors should make a comprehensive analysis with other technical analysis tools and market conditions in order to formulate a reasonable investment strategy.