期货技术分析周报：2025年第43周-20251019

Report Industry Investment Rating The report does not provide an overall industry investment rating. Instead, it presents investment outlooks for different sectors: - Bullish: Precious metals, copper, lithium carbonate, polysilicon, coke, European Line Container Shipping, cotton yarn, soybeans, and cotton [1][2][4] - Bearish: Zinc, lead, rebar, iron ore, crude oil, fuel oil, LPG, methanol, PTA, PVC, rapeseed meal, rapeseed oil, sugar, and corn [1][2][3][4] - Sideways: Aluminum, tin, nickel, hot-rolled coil, and soybean meal [1][2][4] Core Viewpoints The report uses technical analysis to evaluate the futures market trends for the 43rd week of 2025. It indicates that different sectors show varying trends, with some sectors being bullish, some bearish, and others sideways. The report suggests investors seize opportunities in bullish sectors, conduct range trading in sideways sectors, and avoid the downside risks in bearish sectors [1][2][3][4]. Summary by Directory 1. Non-ferrous and Precious Metals Sector - Technical Indicator Signals: Precious metals are bullish across the board. Among non-ferrous metals, copper, lithium carbonate, and polysilicon are bullish, while lead, industrial silicon, and zinc are bearish. The rest are sideways [10][11] - Weekly Pivot Analysis: Precious metals, polysilicon, and lithium carbonate are likely to break through resistance levels, while zinc, lead, and industrial silicon may fall below support levels. The report recommends a differentiated strategy [17] 2. Black and Shipping Sector - Technical Indicator Signals: Coke and European Line Container Shipping are bullish, while rebar, iron ore, coking coal, manganese silicon, and ferrosilicon are bearish. The rest are sideways [19][20] - Weekly Pivot Analysis: European Line Container Shipping and coke show upward momentum, while most black commodities are bearish. Hot-rolled coil and wire rod are expected to trade sideways around pivot points [27] 3. Energy and Chemical Sector - Technical Indicator Signals: Crude oil, fuel oil, and LPG are bearish, as are most chemical products such as methanol, PTA, and PVC. Some are sideways [31][32] - Weekly Pivot Analysis: Crude oil, fuel oil, LPG, methanol, PTA, and PVC are under pressure to fall below support levels. Low-sulfur fuel oil, asphalt, and p-xylene are in a tug-of-war around pivot points [39] 4. Agricultural Products Sector - Technical Indicator Signals: Cotton yarn, soybeans, cotton, apples, jujubes, peanuts, and logs are bullish. Rapeseed meal, rapeseed oil, sugar, and corn are bearish. The rest are sideways [44][45][46] - Weekly Pivot Analysis: Cotton yarn, soybeans, and cotton are likely to continue rising, while corn and corn starch may fall below support levels. Soybean meal and other sideways commodities are expected to trade within a range [50][54]