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What does oversold mean in futures?
oversold in futures means the same thing as that in stocks, and there will be a rebound after oversold. You can understand it literally, that is to say, the price drops sharply when it exceeds the normal selling level, and then it will rebound when it returns to normal. The explanation on Baidu is oversold: stock market terminology. A technical analysis term, which means that the price of a security may rise in the near future after a significant decline. In fact, as long as you know the meaning.