Index Futures Net Changes and Settlements:
|
Contract |
Settlement |
Net Change |
+/-% |
|
S&P 500 (ESH19:CME) |
2704.25 |
-0.25 |
-0.01% |
|
DowJones (YMH19:CBT) |
24,996 |
+20 |
+0.08% |
|
Nasdaq 100 (NQH19:CME) |
6877.75 |
-37.00 |
-0.53% |
|
Russell 2000 (RTYH19:CME) |
1503.50 |
+3.30 |
+0.21% |
Foreign Markets, Fair Value and Volume:
- In Asia 7 out of 11 markets closed higher: Shanghai Comp +1.30%, Hang Seng +0.21%, Nikkei +0.46%
- In Europe 7 out of 13 markets are trading lower: CAC -0.47%, DAX -0.17%, FTSE +0.33%
- Fair Value: S&P -1.29, NASDAQ +2.29, Dow -49.27
- Total Volume: 1.4mil ESH & 209 SPH traded in the pit
Today’s Economic Calendar:
Today’s economic calendar includes Motor Vehicle Sales, Motor Vehicle Sales, U.S. Shutdown Update, Market Focus, International Perspective, Simply Economics, Factory Orders 10:00 AM ET, TD Ameritrade IMX 12:30 PM ET, and Loretta Mester Speaks 7:30 PM ET.
S&P 500 Futures: #ES Solid Gains In January
Chart courtesy of @Chicagostock – $ES_F C/H Objective on b/e > 2520.
Thursday night, the S&P 500 futures (ESH19:CME) printed a high of 2711.75, a low of 2696.25, and opened regular trading hours at 2705.00. The high of the morning was 2716.00 at 9:30, and the morning low was 2699.00 at 8:30. The S&P’s traded 2709.50 on the 10:30 European close, and then printed 2707.00 at noon.
The early afternoon saw a high of 2708.50 and a low of 2696.50, and in the final hour of the day the ES traded to a new low of day at 2695.50 before rallying up to 2703.75. The MiM opened up showing as much as $2 billion to sell early, and the actual MOC came out at $760 million to sell. The ES traded 2703.25 on the 2:45 cash imbalance reveal, 2704.50 on the 3:00 cash close, and settled at 2704.75 on the 3:15 futures close, up one tick.
In the end the ES’s overall tone was firm. In terms of the days overall trade, volume was higher / lower with 1.4 Million futures contracts traded.
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