宝城期货股指期货早报-20251117

1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints of the Report - Short - term, the stock index will mainly show range - bound fluctuations. The short - term market is likely to fluctuate repeatedly as the rhythm of the game between the expectation of policy benefits and the profit - taking of profitable funds determines the short - term market. In the medium - term, the stock index is strong, supported by the expectation of policy benefits and the trend of capital inflow into the stock market [1][5]. 3. Summaries According to Related Catalogs 3.1 Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2512, the short - term view is "oscillation", the medium - term view is "strong", the intraday view is "bullish", and the reference view is "range - bound oscillation". The core logic is the game between the willingness of funds to take profits and the expectation of policy benefits [1]. 3.2 Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - For IF, IH, IC, and IM, the intraday view is "bullish", the medium - term view is "strong", and the reference view is "range - bound oscillation". Last week, each stock index showed an oscillatory consolidation trend, and it dropped significantly on Friday. As the stock index rebounded to near the previous high yesterday, combined with the weakening of domestic investment and consumption data and the cooling of overseas AI technology stocks, some investors' willingness to take profits increased, leading to a technical correction of the stock index. In the long - run, the expectation of policy benefits and the trend of capital inflow into the stock market strongly support the upward movement of the stock index [5].