期货技术分析周报：2025年第46周-20251109

Report Industry Investment Rating No relevant content provided. Core Viewpoints of the Report - Based on technical analysis, the precious metals sector is predominantly oscillating; in the non - ferrous sector, polysilicon and copper are bearish, and the rest of the varieties are oscillating. Lithium carbonate shows a bullish "hammer line" pattern on the weekly chart, with short - term rebound potential, expected to fluctuate between 71,300 - 76,800 yuan/ton [1]. - Technical analysis indicates that coking coal, coke, ferrosilicon, and European line container shipping show bearish signals, while the rest of the black - series varieties are mainly oscillating. Rebar dropped 2.32% this week, but there is potential for a technical rebound in the 2,950 - 3,000 yuan/ton range [2]. - In the energy - chemical sector, low - sulfur fuel oil and urea are technically bullish, while asphalt, PVC, and caustic soda show bearish signals, and the rest are oscillating. PTA is expected to oscillate between 4,380 - 4,430 yuan/ton in the short term [3]. - In the agricultural products sector, sugar is bullish, rapeseed and red dates are bearish, and the rest are oscillating. Soybean meal is expected to trade in the 3,065 - 3,070 yuan/ton range in the short term, and it is recommended to wait and see [4]. Summary by Directory 1. Non - ferrous and Precious Metals Sector 1.1 Non - ferrous and Precious Metals Sector Technical Indicator Signal Summary - The precious metals sector is mainly oscillating; in the non - ferrous sector, polysilicon and copper show bearish signals, and the rest of the varieties are mainly oscillating [10][11]. 1.2 Non - ferrous and Precious Metals Sector Weekly Pivot Analysis - High - volatility varieties such as tin, nickel, polysilicon, and lithium carbonate have wide price ranges for support and resistance levels, with prominent trading risks. Low - volatility varieties such as aluminum, lead, alumina, stainless steel, and gold are suitable for range - bound operations [17]. 2. Black and Shipping Sector 2.1 Black and Shipping Sector Technical Indicator Signal Summary - Coking coal, coke, and ferrosilicon show bearish signals; European line container shipping mainly shows bearish signals, and the rest of the black - series varieties are mainly oscillating [21][22]. 2.2 Black and Shipping Sector Weekly Pivot Analysis - Low - volatility varieties such as rebar, hot - rolled coil, wire rod, and iron ore are suitable for range - bound operations. High - volatility varieties such as coking coal, coke, and European line container shipping should be traded in the direction of the trend with strict stop - losses [29]. 3. Energy - Chemical Sector 3.1 Energy - Chemical Sector Technical Signal Summary - In the energy sector, low - sulfur fuel oil shows a bullish signal, and asphalt shows a bearish signal, with the rest oscillating. In the chemical sector, urea shows a bullish signal, and PVC and caustic soda show bearish signals, with the rest oscillating [33][34]. 3.2 Energy - Chemical Sector Weekly Pivot Analysis - Low - volatility varieties such as crude oil, fuel oil, and asphalt may be in a sideways consolidation state. High - volatility varieties such as natural rubber, synthetic rubber, and staple fiber require attention to price volatility risks and setting active stop - loss strategies [40]. 4. Agricultural Products Sector 4.1 Agricultural Products Sector Technical Indicator Signal Summary - Sugar in the agricultural products sector shows a bullish signal, rapeseed and red dates show bearish signals, and the rest of the varieties are mainly oscillating [45][47]. 4.2 Agricultural Products Sector Weekly Pivot Analysis - Low - volatility varieties such as soybeans, corn, and corn starch are in a low - volatility oscillating consolidation pattern. Medium - volatility varieties such as soybean meal, rapeseed meal, and sugar have a certain price swing space. High - volatility varieties such as oils, live pigs, and apples have potential price volatility risks and opportunities [53].