Masukura's upswing represents bulls trying to take the initiative to attack, which is currently dominant. But whether it can continue to rise depends on the follow-up strength of the bulls and the follow-up reinforcements of the Air Force. If the controversy is really big, bulls will attract trend followers to join. But at the same time, rising prices will attract selling hedges and new short positions.

The futures Masukura represents the increase of admission funds and the popularity of the contract. From the operational point of view, when the market is in an upward trend, the increase in positions is large, which means that the market is in an upward trend; When the market is in decline, the positions increase greatly, which means that the downward trend of the market is obvious.

Futures, whose English name is futures, is completely different from spot. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts based on some popular products such as cotton, soybeans and oil and financial assets such as stocks and bonds. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments. The delivery date of futures can be one week later, one month later, three months later or even one year later. A contract or agreement to buy or sell futures is called a futures contract. The place where futures are bought and sold is called the futures market. Investors can invest or speculate in futures.

The main characteristics of futures contracts:

1. The commodity variety, trading unit, contract month, margin, quantity, quality, grade, delivery time and delivery place of a futures contract are all established and standardized, and the only variable is the price. The standards of futures contracts are usually designed by futures exchanges and listed by national regulatory agencies.

2. The futures contract is concluded under the organization of the futures exchange and has legal effect, and the price is generated by public bidding in the trading hall of the exchange; Most foreign countries adopt public bidding, while our country adopts computer trading.

3. The performance of futures contracts is guaranteed by the exchange, and private transactions are not allowed.

4. Futures contracts can fulfill or terminate their contractual obligations through the settlement of spot or hedging transactions.

Futures is a zero-sum market, and the futures market itself does not create profits. In a certain period of time, regardless of the transaction costs of capital entry and exit, the total amount of funds in the futures market remains unchanged, and the profits of market participants come from the losses of another trader. The stock market has entered a bear market, the market price has shrunk dramatically, the dividends are meager, the state and enterprises absorb funds, and there is no short-selling mechanism. The total amount of funds in the stock market will show negative growth for a period of time, and the total profit is less than the loss. (Zero is always greater than a negative number)