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Index Futures Net Changes and Settlements:
|
Contract |
Settlement |
Net Change |
+/-% |
|
S&P 500 (ESM19:CME) |
2932.50 |
-15.00 |
-0.50% |
|
DowJones (YMM19:CBT) |
26,405 |
-94 |
-0.35% |
|
Nasdaq 100 (NQM19:CME) |
7803.50 |
-61.50 |
-0.78% |
|
Russell 2000 (RTYM19:CME) |
1617.50 |
+0.20 |
+0.01% |
Foreign Markets, Fair Value and Volume:
- In Asia 7 out of 11 markets closed lower: Shanghai Comp +0.69%, Hang Seng +0.52%, Nikkei -1.51%
- In Europe 11 out of 13 markets closed lower: CAC -0.65%, DAX -0.56%, FTSE -0.91%
- Fair Value: S&P +0.80, NASDAQ +10.98, Dow -34.94
- Total Volume: 2.02 million ESM & 148 SPM traded in the pit
Today’s Economic Calendar:
Today’s economic calendar includes the 8-Week Bill Settlement, Robert Kaplan Speaks 7:00 AM ET, Redbook 8:55 AM ET, JOLTS 10:00 AM ET, and Consumer Credit 3:00 PM ET.
S&P 500 Futures: Dump & Pump
Chart courtesy of Scott Redler @RedDogT3 – $spx futures -15 as trade tensions rise. Be carful with entires and know your timeframe.
During Sunday nights Globex session, the S&P 500 futures (ESM19:CME) gapped 30 points lower to open at 2917.75 after Trump tariff headlines hit the tape. 2917.75 would remain the high for the night, and the ES continuned down to print a low at 2883.50, and opened Monday’s regular trading hours at 2897.50.
The futures were strong after the 8:30 CT bell, and by 10:30 had recovered back up to 2924.50. From there, the ES did some back and fill down 2914.50, before rallying into the final hour. At 2:30 the futures had traded up to a new high at 2938.25, then pulled back a little to print 2933.75 on the 3:00 cash close, and ended the day at 2933.00 on the 3:15 futures close.
In the end, the overall tone of the ES was weak overnight and early in the day, but staged a big rally. In terms of the days overall trade, total volume was extremely high, with over 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 | 1450 | 1521 | 81 | 0.01 | 25.25 | chart |
| normal-13 | 1307 | 1347 | 92 | 0.01 | 27.25 | chart |
| normal-11 | 1309 | 1408 | 91 | 0.01 | 36.00 | chart |
| normal-8 | 1309 | 1408 | 100 | 0.01 | 32.00 | chart |
| normal-5 | 1309 | 1408 | 100 | 0.01 | 26.25 | chart |
| taylorPlus-21 | 1038 | 1133 | 90 | 0.02 | 58.75 | chart |
| taylorPlus-13 | 1043 | 1130 | 100 | 0.01 | 35.00 | chart |
| taylorPlus-11 | 1044 | 1127 | 100 | 0.01 | 25.25 | chart |
| taylorPlus-8 | 1046 | 1139 | 100 | 0.01 | 30.25 | chart |
| taylorPlus-5 | 1046 | 1144 | 100 | 0.01 | 26.50 | chart |
| taylor3-21 | 1304 | 1403 | 86 | 0.02 | 52.00 | chart |
| taylor3-13 | 1306 | 1336 | 92 | 0.01 | 18.75 | chart |
| taylor3-11 | 1306 | 1336 | 100 | 0.01 | 19.75 | chart |
| taylor3-8 | 1306 | 1358 | 100 | 0.01 | 22.25 | chart |
| taylor3-5 | 1203 | 1241 | 100 | 0.01 | 18.50 | chart |
| ES_F | SHORT | |||||
|---|---|---|---|---|---|---|
| Type | Entry | Exit | Trade % | Profit % | Points | HeatMap |
| normal-11 | 1457 | 1533 | -82 | -0.00 | -5.25 | chart |
| normal-5 | 1507 | 1543 | -100 | -0.00 | -9.75 | chart |
| taylorPlus-13 | 1156 | 1254 | -92 | -0.01 | -35.25 | chart |
| taylorPlus-11 | 1003 | 1036 | -100 | -0.01 | -38.50 | chart |
| taylorPlus-8 | 1003 | 1033 | -100 | -0.01 | -32.75 | chart |
| taylorPlus-5 | 1002 | 1033 | -100 | -0.01 | -19.75 | chart |
| taylor3-21 | 1522 | 1553 | -81 | -0.01 | -38.50 | chart |
| taylor3-13 | 1527 | 1557 | -85 | -0.01 | -32.50 | chart |
| taylor3-11 | 1056 | 1147 | -82 | -0.01 | -41.00 | chart |
| taylor3-8 | 1056 | 1130 | -87 | -0.01 | -20.50 | chart |
| taylor3-5 | 1113 | 1146 | -100 | -0.01 | -22.25 | 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.
