Morning Trend | Nanhua Futures sees frequent turnover in main contracts, short-term volatility window reopens

NANHUA FUTURES (2691.HK) has recently experienced a high turnover rate among its main players, with increased market volatility. Yesterday, there were multiple instances of significant price surges followed by rapid declines. The 5-day and 10-day moving averages provide stable support, and the MACD maintains a golden cross pattern, indicating that short-term bulls still hold some initiative. Companies in the futures and derivatives sector are often influenced by market liquidity and sentiment, and once volatility amplifies, it can easily trigger significant capital inflows and outflows. Changes in the fundamentals are concentrated around the cycles of domestic and international commodity markets, with trading volume and commission fluctuations having a considerable impact. NANHUA FUTURES holds a certain leading position in the industry, and the frequent adjustments by main players reflect the uncertainty of the market. Investors should pay special attention to intraday trading volumes and capital flows, and strict position management is necessary during high volatility windows. If the market trends positively along with favorable industry news, short-term profits can be sought through strategic high selling and low buying; however, if there is a sudden outflow of main capital or a significant adjustment in futures indices, decisive stop-loss measures are required. Overall, NANHUA FUTURES is currently in a short-term high volatility range, and investors must remain highly vigilant against chasing highs and emotional reversals