M
樞安量化 MacroTerms
👑 購買會員 個人中心
📰 早報內參 👤 會員總覽 ⚙️ 帳戶設定 📒 策略本 🧾 訂閱與帳單 🎫 線上工單
📅 2026-10-04 · COMEX白銀 · 單品種深度報告 舊覆蓋策略

本報告來自 MacroTerms.com

數據截止: 2026-10-02 · 結算口徑: 交易所最終日結算價

Silver (SI=F) Deep Dive | 2026-10-04 — Bearish Below 60.95, Sellers Control the Tape | 2026-10-04

Call: Bearish silver (SI=F, front month SIZ26.CMX) while price holds below pivot P 60.95; invalidation is a settle back above 61.92 (R1). Three reasons drive the view. First, momentum is broken: settle 60.42 (2026-10-02) sits at the 4.8% position of the 20-day 59.99–68.98 channel after -6.77% over 5D and -10.77% over 20D, with ATR14 2.25 (3.72% of price) and RV20 33.1% confirming an active downtrend rather than a drift. Second, positioning has room to liquidate: managed-money net fell to 7,614 contracts (netPct 7.11%, 3-year crowding percentile 38.93) from 14,386 on 2026-09-08, so the long base is shrinking but not yet washed out, and CTA trend proxy at +62 still carries stale length into a falling market. Third, the physical and macro backdrop is not tight enough to absorb supply: COMEX registered silver at 101.1 Moz (3,144,564 kg, 2026-10-01) is only marginally lower d/d, SHFE warrants rose 30,504 kg to 1,490,865 kg, the curve is in contango (M1-M2 -0.227, roll yield -4.51%), and 10-year yields at 5.28% raise the carry cost of holding metal. The gold/silver ratio at 68.9 (1Y percentile 71.43%) says silver is not the relative-value bargain it was. Base case (55%) grinds toward 59.45 and then 58.48; a hawkish FOMC minutes or strong ISM Services print accelerates it. This report is generated automatically from public quantitative and macro data for research and market tracking only. It does not constitute investment advice or a recommendation to trade.

單品種深度報告 深度分析

COMEX黃金GC=F 2026-10-04
Gold (GC=F) Deep Dive | 2026-10-04 — Bearish, 4143.1 20-day floor in focus | 2026-10-04
SHORTneutral_context舊覆蓋策略
深度閱讀
COMEX白銀SI=F 2026-10-04
Silver (SI=F) Deep Dive | 2026-10-04 — Bearish Below 60.95, Sellers Control the Tape | 2026-10-04
SHORT1-5daligned舊覆蓋策略
深度閱讀
紐約WTI原油CL=F 2026-10-04
WTI Crude (CL=F) Deep Dive | 2026-10-04 — Bullish Above 88.28, Backwardation vs Soft Tape | 2026-10-04
LONG1-5daligned舊覆蓋策略
深度閱讀
COMEX精銅HG=F 2026-10-04
Copper (HG=F) Deep Dive | 2026-10-04 — Constructive Base, 6.5 Pivot Is the Line | 2026-10-04
LONGneutral_context舊覆蓋策略
深度閱讀
上證指數000001.SS 2026-10-04
000001.SS (000001.SS) Deep Dive | 2026-10-04 — Neutral: 20-day channel floor holds, no edge | 2026-10-04
NEUTRALno_house_view舊覆蓋策略
深度閱讀
滬深300000300.SS 2026-10-04
000300.SS (000300.SS) Deep Dive | 2026-10-04 — Bearish, 4323.6 Channel Floor Is the Line | 2026-10-04
SHORTno_house_view舊覆蓋策略
深度閱讀
ICE布倫特原油BZ=F 2026-10-04
Brent Crude (BZ=F) Deep Dive | 2026-10-04 — Dip-Buying Bias Into 104.06 Pivot Resistance | 2026-10-04
LONGneutral_context舊覆蓋策略
深度閱讀
富時A50CN=F 2026-10-04
CN=F (CN=F) Deep Dive | 2026-10-04 — Bearish, 20-Day Floor at 13751 Under Siege | 2026-10-04
SHORTno_house_view舊覆蓋策略
深度閱讀
美棉花CT=F 2026-10-04
Cotton (CT=F) Deep Dive | 2026-10-04 — Bearish, 77.05 Channel Floor the Line | 2026-10-04
SHORTno_house_view舊覆蓋策略
深度閱讀
標普500ES=F 2026-10-04
ES=F Deep Dive | 2026-10-04 — Constructive but capped: buy dips toward pivot P 7770 | 2026-10-04
LONGno_house_view舊覆蓋策略
深度閱讀
馬棕油FCPO=F 2026-10-04
FCPO=F (FCPO=F) Deep Dive | 2026-10-04 — Bearish, 20-Day Channel Floor at 4491 in Play | 2026-10-04
SHORTno_house_view舊覆蓋策略
深度閱讀
SGX鐵礦石FEF=F 2026-10-04
FEF=F (FEF=F) Deep Dive | 2026-10-04 — Bearish, 20D Channel Floor at 91.25 Is the Line | 2026-10-04
SHORTno_house_view舊覆蓋策略
深度閱讀
育肥牛GF=F 2026-10-04
GF=F (GF=F) Deep Dive | 2026-10-04 — Long Bias Into 20-Day Channel Top, 329 Pivot Is the Line | 2026-10-04
LONGno_house_view舊覆蓋策略
深度閱讀
瘦肉豬HE=F 2026-10-04
Lean Hogs (HE=F) Deep Dive | 2026-10-04 — Bearish Bias, 20-Day Channel Breakdown Intact | 2026-10-04
SHORTno_house_view舊覆蓋策略
深度閱讀
NYMEX天然氣NG=F 2026-10-04
Natural Gas (NG=F) Deep Dive | 2026-10-04 — Bearish: 3.04 Settle Caps the Bounce | 2026-10-04
SHORT1-5daligned舊覆蓋策略
深度閱讀
納指100NQ=F 2026-10-04
NQ=F (NQ=F) Deep Dive | 2026-10-04 — Long Into 20-Day High, 30787 Pivot Is the Line | 2026-10-04
LONGno_house_view舊覆蓋策略
深度閱讀
橙汁OJ=F 2026-10-04
OJ=F (OJ=F) Deep Dive | 2026-10-04 — Bearish, 130.25 Floor Under Siege | 2026-10-04
SHORTno_house_view舊覆蓋策略
深度閱讀
鈀金PA=F 2026-10-04
Palladium (PA=F) Deep Dive | 2026-10-04 — Downtrend Intact, 1161.3 the Line | 2026-10-04
SHORTno_house_view舊覆蓋策略
深度閱讀
鉑金PL=F 2026-10-04
Platinum (PL=F) Deep Dive | 2026-10-04 — Oversold Into Seasonality, Tactical Long | 2026-10-04
LONGno_house_view舊覆蓋策略
深度閱讀
日橡膠RSS3RSS3=F 2026-10-04
RSS3=F (RSS3=F) Deep Dive | 2026-10-04 — Neutral: 455.3 Caps, 419 Base | 2026-10-04
NEUTRALno_house_view舊覆蓋策略
深度閱讀
VIX期貨VX=F 2026-10-04
VX=F (VX=F) Deep Dive | 2026-10-04 — Long Volatility Into FOMC Minutes, Invalidation 17.2 | 2026-10-04
LONGno_house_view舊覆蓋策略
深度閱讀
現貨銀XAG=F 2026-10-04
XAG=F (XAG=F) Deep Dive | 2026-10-04 — Bearish: 20D Channel Floor at Risk | 2026-10-04
SHORTno_house_view舊覆蓋策略
深度閱讀
現貨金XAU=F 2026-10-04
XAU=F (XAU=F) Deep Dive | 2026-10-04 — Neutral: 4,139.3 Settle Sits 8.6% Up a 20-Day Channel, FOMC Minutes the Catalyst | 2026-10-04
NEUTRALno_house_view舊覆蓋策略
深度閱讀
道瓊斯YM=F 2026-10-04
YM=F (YM=F) Deep Dive | 2026-10-04 — Fading the 3.7% 20-Day Drawdown, Long Into 52,844 | 2026-10-04
LONGno_house_view舊覆蓋策略
深度閱讀
美玉米ZC=F 2026-10-04
Corn (ZC=F) Deep Dive | 2026-10-04 — Bearish, 20-Day Channel Floor at Risk | 2026-10-04
SHORTneutral_context舊覆蓋策略
深度閱讀
豆油ZL=F 2026-10-04
Soybean Oil (ZL=F) Deep Dive | 2026-10-04 — Long Squeeze Setup Above 68.25 Pivot | 2026-10-04
LONGno_house_view舊覆蓋策略
深度閱讀
豆粕ZM=F 2026-10-04
Soybean Meal (ZM=F) Deep Dive | 2026-10-04 — Long the 20-Day Channel Floor | 2026-10-04
LONGno_house_view舊覆蓋策略
深度閱讀
美大豆ZS=F 2026-10-04
Soybeans (ZS=F) Deep Dive | 2026-10-04: Bearish, 1272.4 Pivot in Focus | 2026-10-04
SHORTneutral_context舊覆蓋策略
深度閱讀
美小麥ZW=F 2026-10-04
Wheat (ZW=F) Deep Dive | 2026-10-04 — Bearish, 670.75 Channel Floor Is the Line | 2026-10-04
SHORTneutral_context舊覆蓋策略
深度閱讀

往期研報封存

2026-10-10:單品種Silver (SI=F) Deep Dive | Bullish Breakout Play | 2026-10-10 查看 2026-10-09:單品種舊覆蓋策略Silver (SI=F) Deep Dive | Bullish Rebound on Oversold Technicals | 2026-10-09 查看 2026-10-08:單品種舊覆蓋策略Silver (SI=F) Deep Dive | Long on Oversold Bounce | 2026-10-08 查看 2026-10-07:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-10-07 — Base-building above 60, LONG into 63.1 | 2026-10-07 查看 2026-10-06:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-10-06 — Bearish: 20D Downtrend Intact, 61.45 Pivot Caps | 2026-10-06 查看 2026-10-05:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-10-05 — Bearish, 59.99 Floor Under Pressure | 2026-10-05 查看 2026-10-03:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-10-03 — Bearish: 20-Day Channel Floor at Risk | 2026-10-03 查看 2026-10-02:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-10-02: Bearish, 60.26 Support Under Pressure | 2026-10-02 查看 2026-10-01:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-10-01 — Bearish: 20-Day Channel Floor at Risk | 2026-10-01 查看 2026-09-30:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-09-30 — Bearish, 20-Day Channel Floor at 61 Under Siege | 2026-09-30 查看 2026-09-29:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-09-29: Contango Widens as Selloff Deepens | 2026-09-29 查看 2026-09-28:單品種舊覆蓋策略Silver Deep Dive | Range-Bound, 64.24 Pivot in Focus | 2026-09-28 查看 2026-09-27:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-09-27 — Long the 62.75–63.89 Retest, Invalidation 62.75 | 2026-09-27 查看 2026-09-26:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-09-26: Range-Bound Amid Macro Crosscurrents | 2026-09-26 查看 2026-09-25:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-09-25: $63 Support Tested as Real Yields Bite | 2026-09-25 查看 2026-09-24:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-09-24 | Consolidation Amid Macro Crosscurrents | 2026-09-24 查看 2026-09-23:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-09-23: Rangebound, 66 Pivot in Focus | 2026-09-23 查看 2026-09-22:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-09-22: Consolidation After Rally, 65.8 Support in Focus | 2026-09-22 查看 2026-09-21:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-09-21: Rally Tests Pivot Resistance | 2026-09-21 查看 2026-09-20:單品種舊覆蓋策略Silver (SI=F) Deep Dive | 2026-09-20: Breakout Above $66 on Tightening Supply | 2026-09-20 查看

⟠ 本月策略回測表現

每日早報 AI 觀點逐日跟蹤結算 · 止損/目標客觀撮合

* 回測基於日報交易觀點逐日結算:止損/目標先到為準,窗口末按收盤平倉。過往表現不代表未來收益。