In the futures market, the sharp increase in trading volume after the rise and the sharp increase in trading volume after the fall are both stable high and low, that is, the bulls and bears are strong.

Combined with other variables, the current futures market is a bulls that are hard to stand high, which has a benefit...... There are plenty of chips.

The more volume that erupts in the market, the more determined the bulls are, and there is a problem that comes to light...... Why is long capital so confident?

Is it good in your hands? Or is it an excess of money in your hands? Or ...... Another graph of the data is revealed.

If there is no so-called good, with the current economic data and development trends, can it support the current black futures price?

But there is no doubt that this is the high-risk zone, and if the price can stabilize and reopen the upside, the bulls will have the opportunity to take profits and exit the market.

The only thing the bears have to do is to lose the sell order, the disk does not occupy an advantage, and when the market recognizes this price, the downside space is equivalent to being closed, and finally ...... Failed exit.

"At this price, the entity is going to throw away the hedging receipt, right?" Wu Xuan suddenly thought of this question.

A series of black futures such as rebar are higher than the futures price, and now the rebar can be bought below 3,000 yuan, but now the main contract is the contract expiring in January next year, and the price is 2,850 yuan per ton.

The reasons for this are complex, but if the companies that produce rebar feel that they can make a profit by selling their products at a price of 2,850 yuan per ton in January next year, then ...... We will definitely restart the equipment that was stopped some time ago when we went to capacity.

First place the order, and then put it still, when it is delivered in January next year, the corresponding product to the bulls is that the company can start work, which is hedging.

"So it's 2,850 yuan. Wang Nuo has thought about this problem for a long time and briefly expounded his views: "It is very particular about physical enterprises to increase production, the market demand is not enough, it is simple to open the equipment, and then it is not very easy to turn it off." ”

"And...... If the market demand is not sustainable, the products accumulated in the early stage will also make the price lower, and they may have to reduce more production capacity. Wu Xuan also understands these truths.

The impact of the financial market on the real economy is so huge, so Wang Nuocai felt from the beginning that this was not a battle in the futures market, but a major economic proposition.

The supply and demand of the real economy cannot completely explode in a certain narrow time area, because ...... Industry can't start work for half a year and rest for half a year, right?

"It's too complicated. Wu Xuan felt a pain in his brain again, but as a futures market analyst, he still grasped the key point: "The water level has decreased, now it depends on whether the futures price and the spot price form a resonance?"

"It's very difficult. Wu Xuan thought for a while, but his increasingly clear point of view was revealed, and then he said in a slightly surprised tone: "But now that the production capacity is at a certain stage, it cannot be said that there is no chance at all, which shows that it is ......."

"Is there a probability that the market will rise in the future?" Wu Xuan couldn't believe this inference at all.

The futures market sets off the market, and then in turn leads the price fluctuations in the spot market, which is easy to say, but difficult to do, which requires too many variables to explode at the same time.

But now it is possible, summing up all the data and trends, under the influence of Wang Nuo's argument, Wu Xuan actually really saw this possibility.

"The direction and magnitude of price fluctuations are too difficult to determine. Wang Nuo was surprised that Wu Xuan reacted so quickly, but ...... Nothing to use.

The resonance between spot prices and futures prices is a possibility, and even then, time does not stop moving.

Today's resonance, tomorrow's resonance, and even October's resonance, November, December, it is impossible to resonate again, the water level of 150 yuan per ton is still clearly there.

Therefore, the futures price and the spot price are likely to get out of the curve of rising first and then falling, and the existence of this possibility leads to the ability and hope of the bears to counterattack at all times, and the probability of the bears holding it makes the probability of this trend lower.

The price data of the futures market, from the perspective of the timeline, has formed a chain of variables that attack each other and compromise with each other, who can understand it?

The main forces can't understand it, but the main forces are trying to make the market develop in the direction they want, and this is the charm of the financial market.

However, what Wang Nuo can be 100% sure of is the trading volume.

Today it is 7 million lots, and the trading volume determined by the honest pen is at most more than 50 million, and there are still 17 trading days left.

17 days, 50 million trading volume, at least one or two rounds of the market, because the trading volume is not evenly distributed.

Tomorrow, the day after tomorrow, or even the day after tomorrow, if there is no good news, the market is likely to stop temporarily, and the daily trading volume may be as low as hundreds of thousands of lots, and then it will fluctuate.

"Look at the spot price at every turn, and the spot price has almost become the vane of the futures price. Wang Nuo sighed in his heart.

A slight sense of powerlessness came to his heart, and after communicating with Wu Xuan for a while, Wang Nuo left the Futures Research Department.

It seems that there is a lot of information in his hands, but even if Wang Nuo knows the trading volume of the future market, he still can't determine the trend of the future market, and he doesn't even have the ability to do market research, let alone those deep price change factors.

Wang Nuo can't determine a lot of things, for a futures speculator like Ren Likun, he has a way to explore some of the changing factors in the market, but it is not true.

Ren Likun and these speculators, even if they determine the situation of the spot market, and even know the general direction of the change, they can win or lose when they enter the market, because ...... The main forces were determined earlier than they did.

Without determining the trading volume of the market ahead of time like Wang Nuo, do other futures speculators dare to invest with the information that lags behind the main force?

Wang Nuo lacks hardware support and relies on software to raise the winning rate, but people like Ren Likun have worse hardware than the main force and a gap in software, they ...... Go home and play with your own eggs.

A good analyst and trader is the lifeblood of futures speculators, who clearly know the direction of Wang Nuo's position, and determine that Wang Nuo has an unannounced and formed market cognition, not to mention Ren Likun, even Wanli Futures is itching.

After all...... Wang Nuo's achievements in the past few months are too good, and there is a law in the financial market: the right person will always be right, because the market trend is continuous, until he is wrong, it may be the time to go downhill.

When he was about to get off work, Wang Nuo ushered in the moment when Ren Likun made a bet.