The daily limit of the futures market is based on the settlement price of the previous trading day, and the daily limit of different varieties is different. For example, the daily limit of wheat, copper, aluminum and natural rubber is 3 points, that of cotton, soybean and corn is 4 points, and that of fuel oil is 5 points. The daily limit of commodity futures is generally 3%, 4% and 5%, the daily limit of stock index futures is 10%, and the daily limit of treasury bonds futures is 2%.
Futures daily limit means that futures prices rise to the highest daily price of listed futures contracts stipulated by the exchange, and quotations beyond this range will be regarded as invalid and cannot be traded. There are two forms of price limit range: percentage and fixed quantity. The main daily limit may be supported by important news or fundamentals. Under normal circumstances, the price rises strongly at the turning point of the market, and then the probability of the market continuing will be great. If prices continue to rise and are at a high level, investors should pay attention, and it is likely that the main force is to pull the boat. In addition, investors can combine trading volume and positions for analysis. If both trading volume and positions increase, the probability that the market will continue to rise will be greater.