宝城期货股指期货早报（2025年11月26日）-20251126

Group 1: Report Industry Investment Rating - No relevant content Group 2: Core Viewpoints of the Report - The short - term view of the stock index is mainly range - bound, with a weak intraday view and a mid - term view of oscillation. The long - term view of the stock index is not pessimistic [1][5] Group 3: Summary by Related Catalogs Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2512, the short - term view is oscillation, the mid - term view is oscillation, the intraday view is weak, and the reference view is range - bound. The core logic is that the willingness of funds to settle increases in the short term [1] Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - The varieties include IF, IH, IC, and IM. The intraday view is weak, the mid - term view is oscillation, and the reference view is range - bound. The core logic is that the stock indexes rebounded oscillatively yesterday. The total trading volume of the Shanghai, Shenzhen, and Beijing stock markets was 1826.2 billion yuan, an increase of 85.8 billion yuan from the previous day. Due to the weakening of incremental policy signals, investors' willingness to settle increased, and the trading volume and balance of margin trading declined, indicating a decline in market sentiment. There is a need for short - term technical consolidation. However, there are still expectations of policy benefits from the Central Economic Work Conference in December, and the two aspects of policy benefit expectations and the trend of continuous capital inflow have not changed, so the long - term view is not pessimistic. After a significant short - term correction, there is strong support below [5]