Futures position difference is the abbreviation of position difference, which refers to the difference between the position of the current day and the closing price of the previous day. The position difference indicates that the total position today has increased or decreased compared with yesterday. For example, today's position is 100000 lots and yesterday's position is 1 10000 lots, so today's position is reduced by 10000 lots, that is to say, the position difference is-10000 lots. Short for position difference, it refers to the difference between the position of the current day and the closing price of the previous day. If it is regular, the position of the day will increase, if it is negative, the position will decrease. Position difference is the change of position. For example, the position of stock index futures contracts in April today was 60,000 lots, whereas it was 50,000 lots yesterday, so today's position difference is 1 10,000 lots. In addition: there are also changes in position differences in the transaction column. Here refers to the comparison between the position change caused by the transaction order and the previous instant position, whether to increase or decrease the position.
So how to use futures positions and positions difference? When the position difference is positive, it appears that today's positions have increased. When the position difference is negative, on the surface, today's positions are less than yesterday's. By analyzing the conversion of position difference, we can get the comparison of long and short main forces, judge the direction of stock market outlook, and judge the conversion and renewal of long and short forces. Next, we will illustrate the specific use of position and position difference through examples.
IF 1203 contract received three crows in the first three days of March 1. It can be seen that the difference between the positive positions in these three days indicates that the positions are increasing day by day, the stock price is declining, and the positions are increasing, indicating that the short positions are increasing. On March 1 day, the stock price can shrink, and the K line receives an inverted hammer line with a long upper shadow line, which means that there is an upward test, and the stock price is supported by the 10 daily line. On this day, we saw that the position difference was positive, indicating that the bulls were buying and opening positions. As a result, they received a Zhongyang line the next day, but if we carefully observe this Yangyang line on Friday and March 2, we can find something strange in it. Although the stock price has risen, the price difference has decreased, and the price difference is negative. Let us know that today's rise is due to the rise caused by short positions a few days ago, not the market driven by bulls. And the stock price has been rebounding from the previous high point to the lower end of the hammer line. Obviously, the stock price indicates the risk of falling, because the bulls have not made any offensive efforts. It is not reliable for the stock market to rise only by shorting and closing positions. There must be long selling and continuous adding positions, which is the driving force for the rise.
The adjusted positions in the following three days did not increase, which means that the bears did not make efforts to open positions, but fell because of the long position of stock index futures. On March 7, positions continued to decrease, but on this day we saw a premium in the spread of futures index. In fact, there has been a premium in different degrees in these three days, indicating that this is the decline of the main resistance. On March 8, short positions continued to be closed for repurchase, which triggered the stock price to close. Since the bulls did not add positions, the rebound quickly died.
The above is Sanyibao (www.sanyibao.com) Bian Xiao's introduction to the meaning of futures warehouse difference. After understanding the meaning of futures warehouse difference, you can be familiar with other terminology knowledge. Finally, investors should make more preparations to prevent losses in the investment process.