Index Futures Net Changes and Settlements:
|
Contract |
Settlement |
Net Change |
+/-% |
|
S&P 500 (ESH19:CME) |
2778.75 |
+1.75 |
+0.06% |
|
DowJones (YMH19:CBT) |
25,883 |
-5 |
-0.01% |
|
Nasdaq 100 (NQH19:CME) |
7068.25 |
+4.50 |
+0.06% |
|
Russell 2000 (RTYH19:CME) |
1575.70 |
+5.10 |
+0.32% |
Foreign Markets, Fair Value and Volume:
- In Asia 10 out of 11 markets closed higher: Shanghai Comp +0.20%, Hang Seng +1.01%, Nikkei +0.60%
- In Europe 11 out of 13 markets are trading higher: CAC +0.24%, DAX +0.40%, FTSE +0.20%
- Fair Value: S&P +0.11, NASDAQ +5.84, Dow -5.48
- Total Volume: 1.19mil ESH & 385 SPH traded in the pit
Today’s Economic Calendar:
Today’s economic calendar includes MBA Mortgage Applications 7:00 AM ET, Redbook 8:55 AM ET, E-Commerce Retail Sales 10:00 AM ET, FOMC Minutes 2:00 PM ET, and Farm Prices 3:00 PM ET.
S&P 500 Futures: #ES2787.50
Chart courtesy of @Chicagostock – $ES_F Tuesday’s buyers defended 3D pivot to squeeze shorts into new high, lure in new buyers >2782. Wednesday range < for buyers to defend. Failure to hold last Fri low 2729 confirm s/t failed b/o, room to retest 2709, 2690 based off Feb 8 trap.
During Monday nights Globex session, the S&P 500 futures (ESH19:CME) printed a high of 2780.25, a low of 2766.75, and opened Tuesday’s regular trading hours at 2766.25. The morning low print was 2766.00 right after the bell, and the morning high came in at 2777.50. The S&P’s traded 2774.50 on the 10:30 European close, and 2781.25 going into the noon hour.
The early afternoon saw a low of 2778.75, a high of 2787.50 and a print of 2786.75 going into the final hour of the day. The futures broke into the close, and traded 2785.00 on the 2:45 cash imbalance reveal, then printed 2780.25 on the 3:00 cash close, and settled the day at 2778.50 on the 3:15 futures close, up +1.25 handles, or +0.04%.
In the end, the overall tone of the ES was firm and thin to win played out. In terms of the days overall trade, total volume was LOW, only 1.2 million futures contracts traded.
Daily HotSpots
HotSpots are times during the market trading session that for the past XX days have consistently moved in one direction or the other. These HotSpots are published each morning pre-market. The next day, a results post is also published and weekly a summary post.
CAUTION: This data is under development and provided only for research and teaching purposes
If you have questions about HotSpots you can contact us at info@mrtopstep.com.
| ES_F | LONG | |||||
|---|---|---|---|---|---|---|
| Type | Entry | Exit | Trade % | Profit % | Points | HeatMap |
| normal-21 | 1317 | 1410 | 86 | 0.02 | 56.25 | chart |
| normal-13 | 1136 | 1206 | 92 | 0.01 | 37.50 | chart |
| normal-11 | 1136 | 1235 | 91 | 0.01 | 36.00 | chart |
| normal-8 | 1135 | 1231 | 100 | 0.01 | 39.50 | chart |
| normal-5 | 0932 | 1026 | 100 | 0.01 | 36.00 | chart |
| taylorPlus-21 | 1116 | 1201 | 86 | 0.03 | 75.50 | chart |
| taylorPlus-13 | 1133 | 1215 | 100 | 0.04 | 96.25 | chart |
| taylorPlus-11 | 1133 | 1216 | 100 | 0.03 | 75.00 | chart |
| taylorPlus-8 | 1132 | 1217 | 100 | 0.02 | 47.00 | chart |
| taylorPlus-5 | 1349 | 1447 | 100 | 0.01 | 38.75 | chart |
| taylor3-21 | 0959 | 1048 | 90 | 0.05 | 134.25 | chart |
| taylor3-13 | 0959 | 1048 | 92 | 0.04 | 97.00 | chart |
| taylor3-11 | 1114 | 1144 | 100 | 0.02 | 38.25 | chart |
| taylor3-8 | 1127 | 1216 | 100 | 0.02 | 42.50 | chart |
| taylor3-5 | 1127 | 1216 | 100 | 0.01 | 16.75 | chart |
| ES_F | SHORT | |||||
|---|---|---|---|---|---|---|
| Type | Entry | Exit | Trade % | Profit % | Points | HeatMap |
| normal-11 | 1102 | 1135 | -82 | -0.01 | -31.00 | chart |
| normal-8 | 1044 | 1130 | -87 | -0.01 | -28.75 | chart |
| normal-5 | 1452 | 1522 | -100 | -0.00 | -5.00 | chart |
| taylorPlus-21 | 1251 | 1325 | -90 | -0.03 | -72.00 | chart |
| taylorPlus-13 | 1247 | 1346 | -92 | -0.02 | -47.50 | chart |
| taylorPlus-11 | 1247 | 1346 | -91 | -0.01 | -33.50 | chart |
| taylorPlus-8 | 1249 | 1325 | -100 | -0.01 | -17.00 | chart |
| taylorPlus-5 | 1108 | 1139 | -100 | -0.00 | -8.25 | chart |
| taylor3-21 | 1225 | 1318 | -81 | -0.02 | -53.50 | chart |
| taylor3-13 | 1331 | 1420 | -85 | -0.03 | -65.75 | chart |
| taylor3-11 | 1423 | 1457 | -91 | -0.01 | -30.75 | chart |
| taylor3-8 | 1359 | 1457 | -87 | -0.01 | -29.75 | chart |
| taylor3-5 | 1359 | 1457 | -100 | -0.01 | -22.50 | chart |
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