HSF Open Interest and Market Trend - The relationship
未平倉合約變動與後市的關係

Changes of Open Interest in HSF, indicate the buying trend of big accounts / small investers. It will show changes in futures, net change of futures, close price, call put ratio and percentage of warrant turnover.


This is one of the explaination of the relationship between Heng Seng Future Open interest and market trend. This chart is found from newsgroup postings. You may use it for reference but please verify it yourself !

期指價位 未平倉合約總數   啟示 後市去向
上升
上升
  好友開新倉
上升
上升
-   好友開新倉 , 淡友平舊倉
上升
上升
下跌   淡友平舊倉
將見頂
- 上升
  好友 / 淡友 都開新倉
-
- -   好友 / 淡友 按兵不動
-
- 下跌
  好友 / 淡友 都平舊倉
-
下跌
上升   淡友開新倉
下跌
下跌
-   淡友開新倉 , 好友平舊倉
下跌
下跌
下跌
  好友平舊倉
將見底
Note: 通常來說, Gross(總數) 和 Net(淨數)分別代表散戶和大戶的看法
升市淨數加通常預示大戶看好, 而淨數多少也可知道大戶做倉是否積極



即月期指未平倉合約

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