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CAPITAL TIDE · Daily Capital Flow Research · External Edition · Issue 114 · Post-close 16:45 on trading days

Futures Capital Tide External Preview Edition

2026-06-29Monday · history 20260629

External Preview SampleThis report is an external preview, showing only selected research framework, sample signals, and redacted charts; the internal subscription edition provides full content, multi-dimensional matrix analysis, and high-resolution charts. To access the internal edition, please contact BW Research for authorized subscription.

Research ReferenceThis report is for commodity-market research and data organization only; it does not constitute investment advice, trading instructions, or any return commitment.

Market Direction · MARKET DIRECTION

0.64%

Broad market up · Short-covering rally leads (Short covering)

Margin capital net outflowRMB 2.03bn

Total inflowRMB 5.12bn

Total outflowRMB 7.14bn

Market Breadth Down 5 / Up 35, Short-covering rally: 19 instruments are the largest group; Margin capital net Outflow RMB 2.03bn, Main driver: Short-covering rally (Short covering), Capital direction is not the same as price direction.

Last 20 Daily Net-Flow GaugeRange -460 ~ RMB 39.7bn

Inflow 42% · Outflow 58%Green = net inflow / red = net outflow

Market BreadthDown 5 / Up 35

Main Pressure SourceBase Metals RMB -1.45bn

Official Source70%

BW Research / External Web PreviewWeb preview edition: market structure without the full internal research list

Keeps the overview and sector rotation; removes the full signal ranking, instrument matrix, momentum board and clickable details. The internal edition remains archived by email.

2026-06-29

Post-Close Capital Overview

Exchange Weighted 40dce_realtime_contracts_fallback 16Finance portal API 1

Capital Structure · Inflow / Outflow

Total inflowRMB 5.12bn

NetRMB -2.03bn

Total outflowRMB 7.14bn

Inflow 42%Outflow 58%

Margin Capital PoolRMB 1412.49bn57 validinstruments

Directional Breadth19 / 21Net Inflow / Net Outflow Instrument Count

Capital Tide & Sector Rotation

Start with net capital, then locate same-direction pressure across sector chains.

MARKET TIDAL SECTIONRMB -2.03bn

Inflow RMB 5.12bn / Outflow RMB 7.14bn

IFRMB -2.83bn

IMRMB +2.13bn

SCRMB +790mn

ALRMB -560mn

CURMB -550mn

LCRMB -490mn

SECTOR ROTATIONNet-flow strength ranking · Dot marks net-flow position

Base MetalsRMB -1.45bn

8 instruments / Leader SHFE Aluminum(AL)Flow -1.15% / Avg Change +0.97%

FinancialsRMB -1.1bn

4 instruments / Leader CSI 300(IF)Flow -0.17% / Avg Change +1.06%

Energy & ChemicalsRMB +840mn

20 instruments / Leader Crude Oil(SC)Flow +0.56% / Avg Change +0.46%

New EnergyRMB -450mn

3 instruments / Leader Lithium Carbonate(LC)Flow -0.80% / Avg Change +1.49%

Soft CommoditiesRMB -450mn

5 instruments / Leader Cotton(CF)Flow -1.18% / Avg Change +1.18%

Ferrous ChainRMB +420mn

5 instruments / Leader Rebar(RB)Flow +0.44% / Avg Change +0.03%

Oils & OilseedsRMB +150mn

7 instruments / Leader Rapeseed Oil(OI)Flow +0.15% / Avg Change +0.07%

Precious MetalsRMB +40mn

2 instruments / Leader SHFE Gold(AU)Flow +0.03% / Avg Change +0.53%

Agri ProductsRMB 0mn

3 instruments / Leader Live Hogs(LH)Flow 0.00% / Avg Change 0.00%

SECTOR ROTATION · 近 10 trading daysSectorCapital net-flow rotation · green above / red below, blue line = net flow · 各Sectoradaptive scale

FinancialsRMB -1.1bn

近10daily cumulative RMB -1.97bn · Leader CSI 300(IF)

Precious MetalsRMB +40mn

近10daily cumulative RMB -6.01bn · Leader SHFE Gold(AU)

Base MetalsRMB -1.45bn

近10daily cumulative RMB -4.31bn · Leader SHFE Aluminum(AL)

Ferrous ChainRMB +410mn

近10daily cumulative RMB +1.59bn · Leader Rebar(RB)

New EnergyRMB -450mn

近10daily cumulative RMB +110mn · Leader Lithium Carbonate(LC)

Energy & ChemicalsRMB +840mn

近10daily cumulative RMB +1.69bn · Leader Crude Oil(SC)

Oils & OilseedsRMB +150mn

近10daily cumulative RMB -5.24bn · Leader Rapeseed Oil(OI)

Agri ProductsRMB 0mn

近10daily cumulative RMB +1.41bn · Leader Live Hogs(LH)

External Structure Preview

The internal edition keeps the full instrument matrix, momentum board and clickable details; the external edition shows market structure only.

EXTERNAL WEB PREVIEW Capital Flow Web Preview Edition

This page keeps Section 01 capital overview and Section 02 sector rotation. The full instrument matrix, momentum board and instrument-level signal details are removed from the external source.

PublicMarket Net Flow

Total inflow, total outflow, net flow and margin capital pool.

PublicSector Rotation

Direction and pressure at the sector-chain level.

HiddenFull Signal Rankings

Instrument matrix, momentum board and focus list are reserved for the internal edition.

PUBLIC 01-02Fully Public

Capital overview, inflow/outflow structure and sector rotation are fully visible.

PREVIEW 03-04Redacted Preview

Only market structure and a small representative sample are shown; the full instrument matrix, strength ranking and source fields are hidden.

UNLOCK FULLUnlock the Full Internal Edition

Unlock specific instruments, capital momentum confluence, data-quality audit, historical comparison and GPT briefing.

Access the Internal Edition

The internal edition is for review, archive and full research; it is not published as the public webpage.

2026-06-29 Internal edition includes the full 01-06 report, PDF and HD PNG. For the full instrument matrix, capital momentum board and historical comparison, use the internal attachments in the daily email.