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Data as of: 2026-10-28 · Settlement: Exchange settlement (15:00 Beijing close, vs prior settlement)
DCE.FB(FB2612) In-depth Analysis Report | Breaking Below the 20-Day Low on Rising Open Interest | Active Short Position Building | 2026-10-29
FB2612 is bearish. The core logic is that active short position building pushed the price below the prior low, with technical patterns and position structure reinforcing the bearish signal. The October 28 closing price of 1196.5 broke below the 20-day low of 1220.5, triggering a bearish signal; on that day, the dominant position increased by 317 lots to 9,274 lots. The simultaneous price decline and position increase indicates active short position building rather than long stop-losses. The 5-day decline is 3.59% and the 20-day decline is 5.9%, with the price at the 2.9th percentile of its 20-day range of 1194-1279, hugging the lower boundary. The next pivot point P is 1203.33, S1 support at 1187.17, and R1 resistance at 1212.67. Invalidation conditions: a daily close breaking above 1212.67 (R1) and holding, or the dominant position showing net declines for two consecutive days while the price does not make a new low.
This brief is published in Chinese. The English translation is being prepared.
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