Futures investment skills

(3) The relationship between trading volume, position and price

The change of trading volume and position will affect the futures price, and the change of futures price will also cause the change of trading volume and position. Therefore, analyzing the changes of the three is conducive to correctly predicting the trend of futures prices.

① . The increase in trading volume and position and the rise in price indicate that the new buyer is making a large number of acquisitions, and the price may continue to rise in the near future.

② . The decrease in trading volume and position and the rise in price indicate that short sellers have replenished their positions in a large amount, and the price will rise in the short term, but may fall back soon.

③ . The trading volume increases and the price rises, but the position decreases, which means that both short sellers and short buyers are closing their positions in a large amount, and the price will fall soon.

④ The increase in trading volume and position and the decrease in price indicate that short sellers sell contracts in large quantities, and the price may fall in the short term, but if the selling is excessive, the price may rise.

⑤ The decrease in trading volume and position and the decline in price indicate that a large number of short buyers are eager to sell their goods to close their positions, and the price will continue to decline in the short term.

⑥ . The increase in trading volume, position and price decline indicate that short sellers make profits by replenishing their positions when the price drops due to the closing of positions by short sellers, and the price may turn to rise.

From the above analysis, it can be seen that in general, if the trading volume and position are in the same direction as the price, the price trend can continue for a period of time; If the two are opposite to the price, the price trend may turn. Of course, this needs to be further analyzed in combination with different price patterns.