Index Futures Net Changes and Settlements:
|
Contract |
Settlement |
Net Change |
+/-% |
|
S&P 500 (ESM19:CME) |
2930.75 |
-7.25 |
-0.24% |
|
DowJones (YMM19:CBT) |
26,541 |
-98 |
-0.36% |
|
Nasdaq 100 (NQM19:CME) |
7847.75 |
+9.75 |
+0.12% |
|
Russell 2000 (RTYM19:CME) |
1590.60 |
+0.90 |
+0.05% |
Foreign Markets, Fair Value and Volume:
- In Asia 8 out of 11 markets closed lower: Shanghai Comp -2.43%, Hang Seng -0.86%, Nikkei +0.48%
- In Europe 8 out of 13 markets closed lower: CAC -0.21%, DAX -0.08%, FTSE -0.52%
- Fair Value: S&P +2.13, NASDAQ +16.05, Dow -14.82
- Total Volume: 1.1 million ESM & 300 SPM traded in the pit
Today’s Economic Calendar:
Today’s economic calendar includes the 52-Week Bill Settlement, Durable Goods Orders 8:30 AM ET, Jobless Claims 8:30 AM ET, EIA Natural Gas Report 10:30 AM ET, Kansas City Fed Manufacturing Index 11:00 AM ET, Fed Balance Sheet & Money Supply 4:30 PM ET.
S&P 500 Futures: Back And Fill Ahead Of Earnings
During Tuesday nights Globex session, the S&P 500 futures (ESM19:CME) printed a high of 2939.75, a low of 2931.75, and opened Wednesday’s regular trading hours at 2934.00.
The first move after the 8:30 CT bell was a dip down to a new low at 2931.00, followed by a rip up to test the Globex highs. It fell just shy by a single tick, printing 2939.50, and then traded sideways for the next hour.
Just before 11:00, the futures again turned lower, eventually printing a new low at 2928.50 at 12:15. From there, the ES retraced back up to 2934.25, then traded sideways for the rest of the afternoon.
Going into the close, the futures printed 2935.75 when the 2:45 cash imbalance reveal showed $547M to sell, then printed 2930.50 on the 3:00 cash close, and finished the day 2930.50 on the 3:15 futures close.
In the end, the overall tone of the ES was firm. In terms of the days overall trade, total volume was a little lower, with just over 1 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 | 1447 | 1520 | 90 | 0.01 | 24.25 | chart |
| normal-13 | 1449 | 1520 | 92 | 0.01 | 19.00 | chart |
| normal-11 | 1449 | 1520 | 91 | 0.01 | 16.75 | chart |
| normal-8 | 1200 | 1244 | 100 | 0.00 | 10.00 | chart |
| normal-5 | 1025 | 1115 | 100 | 0.01 | 19.50 | chart |
| taylorPlus-21 | 1013 | 1112 | 86 | 0.02 | 62.75 | chart |
| taylorPlus-13 | 1043 | 1130 | 100 | 0.01 | 30.50 | chart |
| taylorPlus-11 | 1422 | 1458 | 100 | 0.01 | 27.75 | chart |
| taylorPlus-8 | 1404 | 1458 | 100 | 0.01 | 24.00 | chart |
| taylorPlus-5 | 1036 | 1115 | 100 | 0.00 | 12.75 | chart |
| taylor3-21 | 1451 | 1545 | 86 | 0.01 | 23.75 | chart |
| taylor3-13 | 1024 | 1117 | 85 | 0.02 | 43.75 | chart |
| taylor3-11 | 1024 | 1108 | 91 | 0.01 | 38.25 | chart |
| taylor3-8 | 1024 | 1108 | 88 | 0.01 | 26.75 | chart |
| taylor3-5 | 1028 | 1115 | 100 | 0.00 | 9.75 | chart |
| ES_F | SHORT | |||||
|---|---|---|---|---|---|---|
| Type | Entry | Exit | Trade % | Profit % | Points | HeatMap |
| normal-11 | 0930 | 1014 | -82 | -0.01 | -31.25 | chart |
| normal-8 | 1005 | 1053 | -87 | -0.01 | -14.75 | chart |
| normal-5 | 1248 | 1330 | -100 | -0.00 | -5.50 | chart |
| taylorPlus-13 | 0949 | 1024 | -85 | -0.01 | -31.50 | chart |
| taylorPlus-11 | 1156 | 1254 | -91 | -0.01 | -22.25 | chart |
| taylorPlus-8 | 1003 | 1045 | -100 | -0.01 | -29.25 | chart |
| taylorPlus-5 | 1003 | 1036 | -100 | -0.01 | -19.75 | chart |
| taylor3-13 | 1153 | 1234 | -92 | -0.01 | -18.25 | chart |
| taylor3-11 | 1156 | 1231 | -100 | -0.01 | -19.75 | chart |
| taylor3-8 | 1138 | 1233 | -100 | -0.01 | -23.25 | chart |
| taylor3-5 | 1135 | 1222 | -100 | -0.00 | -11.25 | chart |
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As always, please use protective buy and sell stops when trading futures and options.
Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Any decision to purchase or sell as a result of the opinions expressed in the forum will be the full responsibility of the person(s) authorizing such transaction(s). BE ADVISED TO ALWAYS USE PROTECTIVE STOP LOSSES AND ALLOW FOR SLIPPAGE TO MANAGE YOUR TRADE(S) AS AN INVESTOR COULD LOSE ALL OR MORE THAN THEIR INITIAL INVESTMENT. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
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