本レポート提供元 MacroTerms.com

データ基準日: 2026-10-29 · 決済基準: 取引所決済価格（北京時間15:00終値、前回決済比）

CZCE.RS(RS2701) Deep Analysis Report | Bearish, Weak Range-bound Operation | 2026-10-30

Direction: Bearish. RS2701 [10-29 Settlement] 5495, down 1.83% over 20 days, positioned at the 14.6% level of the 20-day channel, moving averages in a bearish alignment, technically bearish. Fundamentally lacking bullish drivers, the supply-demand landscape remains loose, with inventory pressure persisting. The top 20 participants maintain a net short position, with main position holders slightly increasing short positions, dominated by short-side activity. Gold-silver ratio at 76.96 sits at the 92.46% level over 1 year, high market risk-aversion sentiment imposing pressure on risk commodities. Invalidated condition: Daily close breaking above 5532.33 (next pivot R1), or holding above 5475.67 (pivot P).