Index Futures Net Changes and Settlements:
|
Contract |
Settlement |
Net Change |
+/-% |
|
S&P 500 (ESH19:CME) |
2704.00 |
-25.50 |
-0.93% |
|
DowJones (YMH19:CBT) |
25,131 |
-196 |
-0.77% |
|
Nasdaq 100 (NQH19:CME) |
6905.50 |
-90.25 |
-1.29% |
|
Russell 2000 (RTYH19:CME) |
1505.60 |
-11.90 |
-0.78% |
Foreign Markets, Fair Value and Volume:
- In Asia 7 out of 11 markets closed lower: Shanghai Comp +1.30%, Hang Seng -0.16%, Nikkei -2.01%
- In Europe 12 out of 13 markets are trading lower: CAC -0.22%, DAX -0.48%, FTSE -0.24%
- Fair Value: S&P -0.99, NASDAQ +5.31, Dow -24.08
- Total Volume: 1.91mil ESH & 782 SPH traded in the pit
Today’s Economic Calendar:
Today’s economic calendar includes the Baker-Hughes Rig Count 1:00 PM ET, and Mary Daly Speaks at 1:15 PM ET.
S&P 500 Futures: #ES Down 0.90% #YM Down 0.73% #NQ Down 1.20%
Chart courtesy of @Chicagostock – $ES_F Back to retesting the Dec 12 high of 2686. Key level to hold. Failure to do so traps late buyers above, next sell stops below 2675 to allow a retest of the FOMC b/o @ 2650. Buyers must overcome 2718 to recover break.
On Wednesday nights Globex session, the S&P 500 futures (ESH19:CME) printed a high of 2729.25, a low of 2708.75, and opened Thursday’s regular trading hours at 2711.75. The morning high print was 2718.50, and the morning low came in at 2685.50. The S&P’s traded 2695.75 on the 10:30 European close, and 2688.25 going into the noon hour.
The early afternoon saw a low of 2687.75, a high of 2700.00, and a print of 2699.50 going into the final hour of the day. The futures rallied heading into the close and traded up to 2705.25 on the 2:45 cash imbalance reveal, then printed 2704.50 on the 3:00 cash close, and settled the day at 2704.75 on the 3:15 futures close, down -24.75 handles, or -0.90%.
In the end, the overall tone of the ES was weak, despite a rally on the close. In terms of the days overall trade, volume was higher, with 1.9 million futures contracts traded.
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