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Nasdaq 100 E-Mini Dec '23 (NQZ23)

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Nasdaq 100 E-Mini Futures Market News and Commentary

Stocks Settle Mixed as Indexes Consolidate Below Record Highs

The S&P 500 Index ($SPX) (SPY) Friday closed up +0.12%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.06%. 

US stock indexes settled mixed on Friday as they consolidated just below this week’s all-time highs.  Stocks garnered some support Friday on dovish comments made Thursday evening from Atlanta Fed President Bostic, who said if the outlook unfolds as he expects, referring to slowly moderating inflation and continued economic momentum, "then it could be appropriate for us to reduce rates toward the end of the year."

Higher T-note yields on Friday weighed on chip stocks and kept the Nasdaq 100 in negative territory.  Hawkish comments from Fed Governor Bowman pushed T-note yields higher when she said, "With average core CPI this year through April running at an annualized rate of 4.3%, well above average inflation in the second half of last year, I expect inflation to remain elevated for some time."... Read more

Contract Specifications

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Contract
E-Mini Nasdaq 100
Contract Size
$20 times Index
Tick Size
0.25 points ($5.00 per contact)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (Settles 3:00p.m.) CST
Exchange
CME
Point Value
$20
Margin/Maintenance
$19,470/17,700
First Notice Date
12/15/23
Expiration Date
12/15/23 (expired)

Seasonal Chart

Nasdaq 100 E-Mini Dec '23
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of May 14, 2024

View Chart Details
Commercials - Long / Short
133,543 (+9,292)
144,611 (+9,727)
Non-Commercials - Long / Short
68,869 (+3,635)
65,699 (+4,870)
Dealers / Intermediary - Long / Short
37,760 (+9,036)
65,066 (+2,950)
Asset / Manager - Long / Short
100,120 (+1,113)
18,097 (-516)
Leveraged Funds - Long / Short
43,840 (+1,197)
98,807 (+8,230)
Other Reportables - Long / Short
7,585 (+1,078)
15,233 (+3,430)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
15,721.25 +5.15%
on 12/04/23
16,674.50 -0.87%
on 12/14/23
+640.98 (+4.03%)
since 11/15/23
3-Month
14,140.25 +16.90%
on 10/26/23
16,674.50 -0.87%
on 12/14/23
+1,137.98 (+7.39%)
since 09/15/23
52-Week
11,118.00 +48.68%
on 12/28/22
16,674.50 -0.87%
on 12/14/23
+4,723.23 (+40.00%)
since 12/15/22

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Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 16,678.99
2nd Resistance Point 16,645.74
1st Resistance Point 16,587.99
Last Price 16,530.23s
1st Support Level 16,496.99
2nd Support Level 16,463.74
3rd Support Level 16,405.99

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52-Week High 16,674.50
Last Price 16,530.23s
Fibonacci 61.8% 14,551.92
Fibonacci 50% 13,896.25
Fibonacci 38.2% 13,240.58
52-Week Low 11,118.00

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