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Dow Futures Mini Jun '23 (YMM23)

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Dow Futures Mini Futures Market News and Commentary

Stocks Rally on the Prospects of Trump’s Business-Friendly Policies

The S&P 500 Index ($SPX) (SPY) Friday closed up +0.35%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.97%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.17%.

Stocks on Friday settled moderately higher, with the S&P 500 posting a 1-week high and the Dow Jones Industrials posting a 1-1/2 week high.  Stocks continue to garner support on the prospects that the incoming Trump administration’s looser regulations and a business-friendly stance will be favorable for corporate earnings. 

Positive corporate news on Friday also boosted stocks.  Super Micro Computer closed up more than +11% to lead gainers in the S&P 500 and Nasdaq 100 after it said it believes it can file its delayed 10-K and 10-Q reports in the period available under Nasdaq rules.  Also, Copart closed up more than +10% after reporting stronger-than-expected Q1 revenue. However, the weakness in Nvidia and Alphabet weighed on technology stocks and limited gains in the Nasdaq 100 Stock Index. 

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Contract Specifications

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Contract
E-Mini Dow Jones Industrial Average
Contract Size
$5 times Index
Tick Size
1 point ($5.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) CST (Settles 3:00p.m.) CST
Exchange
CBOT
Point Value
$5
Margin/Maintenance
$11,440/10,400
First Notice Date
06/16/23
Expiration Date
06/16/23 (expired)

Seasonal Chart

Dow Futures Mini Jun '23
Average Price Chart for 5 Prior Jun Contracts

Commitment of Traders Positions as of Nov 19, 2024

View Chart Details
Commercials - Long / Short
44,691 (+1,461)
59,448 (-1,427)
Non-Commercials - Long / Short
19,992 (-6,672)
11,727 (-1,271)
Dealers / Intermediary - Long / Short
31,393 (+2,431)
43,315 (-1,817)
Asset / Manager - Long / Short
16,423 (-4,560)
9,476 (+2,836)
Leveraged Funds - Long / Short
14,540 (-2,267)
14,869 (+112)
Other Reportables - Long / Short
0 (unch)
1,188 (-3,014)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
32,619 +6.02%
on 05/25/23
34,699 -0.34%
on 06/16/23
+1,522 (+4.60%)
since 05/16/23
3-Month
31,657 +9.24%
on 03/20/23
34,699 -0.34%
on 06/16/23
+2,098 (+6.46%)
since 03/16/23
52-Week
28,998 +19.26%
on 09/30/22
35,354 -2.18%
on 12/13/22
+4,382 (+14.51%)
since 06/16/22

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Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 35,060
2nd Resistance Point 34,879
1st Resistance Point 34,731
Last Price 34,582s
1st Support Level 34,402
2nd Support Level 34,221
3rd Support Level 34,073

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52-Week High 35,354
Last Price 34,582s
Fibonacci 61.8% 32,926
Fibonacci 50% 32,176
Fibonacci 38.2% 31,426
52-Week Low 28,998

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