宝城期货股指期货早报（2026 年 3 月 12 日）-20260312

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints - For the IH2603 variety, the short - term and medium - term trends are both "oscillating", the intraday trend is "strong - biased", and the overall view is "range - bound oscillation" due to continuous policy support stabilizing the economic fundamentals [1]. - For IF, IH, IC, and IM, the intraday view is "strong - biased", the medium - term view is "oscillating", and the reference view is "range - bound oscillation". In the short term, the stock index will mainly be in a range - bound oscillation. The uncertainty of the US - Iran conflict has reduced investors' preference for risky assets, while the domestic macro - economy has strong resilience, mild price levels, and clear policy support, providing strong support for the stock index [5]. 3. Directory Summaries 3.1 Variety Viewpoint Reference - Financial Futures Stock Index Sector | Variety | Short - term | Medium - term | Intraday | Viewpoint Reference | Core Logic | | --- | --- | --- | --- | --- | --- | | IH2603 | Oscillating | Oscillating | Strong - biased | Range - bound oscillation | Policy support stabilizes economic fundamentals [1] | 3.2 Main Variety Price Market Driving Logic - Financial Futures Stock Index Sector - Varieties: IF, IH, IC, IM - Intraday View: Strong - biased - Medium - term View: Oscillating - Reference View: Range - bound oscillation - Core Logic: The stock indexes oscillated narrowly yesterday. The uncertainty of the US - Iran conflict has reduced investors' preference for risky assets. However, the domestic macro - economy has strong resilience, mild price levels, and clear policy support, providing strong support for the stock index. In the short term, the stock index will mainly be in a range - bound oscillation [5]