The recent sluggish market sentiment can be seen from the spot premium. In the past six months, as long as there is a small-level trend, the spot premium has either risen or fallen sharply. In the past two weeks, the premium difference has fluctuated only as shown in the figure;
Excessively high or low premium differences represent short-term market sentiment changes. Now, the activity of the entire market has dropped to near the freezing point;
Therefore, there will be a phenomenon of highly following the US stock market. If the US stock market continues to rise, everything will be fine. I am afraid that the US stock market will suddenly have a big correction, which will be a mess.
