宝城期货股指期货早报-20260119

1. Report Industry Investment Rating - No information provided 2. Core Viewpoints of the Report - The short - term view of IH2603 is "oscillation", the medium - term view is "oscillation", the intraday view is "slightly strong", and the overall view is "oscillating and slightly strong" due to unchanged policy利好 expectations and capital inflow trends [1]. - For IF, IH, IC, and IM, the intraday view is "slightly strong", the medium - term view is "oscillation", and the overall view is "oscillating and slightly strong". The stock market's optimism has cooled, and there is a need for shock consolidation after a sharp rebound. In the long - term, the main logic of the upward movement of stock indices remains unchanged, and it is expected that the stock indices will continue to oscillate and consolidate in the short term [5]. 3. Summary by Relevant Catalogs 3.1 Variety Viewpoint Reference - Financial Futures Stock Index Sector - For IH2603, short - term: oscillation; medium - term: oscillation; intraday: slightly strong; overall view: oscillating and slightly strong; core logic: unchanged policy利好 expectations and capital inflow trends [1]. 3.2 Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - Variety: IF, IH, IC, IM. Intraday view: slightly strong; medium - term view: oscillation; reference view: oscillating and slightly strong. The total market turnover was 3054.7 billion yuan, an increase of 116.3 billion yuan from the previous day. The stock market turnover dropped to around 3 trillion yuan, indicating a cooling of optimism. After a sharp rebound, there is a need for shock consolidation. In the long - term, the main logic of the upward movement of stock indices remains unchanged [5].