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Nasdaq 100 E-Mini Sep '23 (NQU23)

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Nasdaq 100 E-Mini Futures Market News and Commentary

S&P 500 and Nasdaq 100 Post Record Highs on Fed Rate Cut Hopes

The S&P 500 Index ($SPX) (SPY) Wednesday closed up +0.51%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.06%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.87%.

Stock indexes Wednesday settled mixed in the holiday-shortened session, with the S&P 500 and Nasdaq 100 posting new record highs.  Stock indexes ended trading at 1 pm EST Wednesday and will be closed Thursday for the July 4 holiday.  T-note yields tumbled Wednesday and supported gains in the broader market after weaker-than-expected US economic news bolstered hopes the Fed will begin cutting interest rates this year.  Labor market news showed that the June ADP employment change rose less than expected, and weekly continuing unemployment claims rose to a 2-1/2 year high.  Also, activity in the US service sector contracted by the most in 4 years in June.  

Weakness in defensive healthcare stocks weighed on the Dow Jones Industrials.  Another bearish factor for stocks was Wednesday’s news that s... 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
09/15/23
Expiration Date
09/15/23 (expired)

Seasonal Chart

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

Commitment of Traders Positions as of Jun 25, 2024

View Chart Details
Commercials - Long / Short
129,886 (-69,744)
148,146 (-55,656)
Non-Commercials - Long / Short
67,869 (+2,767)
60,474 (-8,453)
Dealers / Intermediary - Long / Short
27,331 (-9,158)
82,955 (+16,910)
Asset / Manager - Long / Short
108,644 (+7,750)
20,811 (-4,014)
Leveraged Funds - Long / Short
41,822 (-429)
82,230 (-17,634)
Other Reportables - Long / Short
8,411 (-8,259)
11,077 (-2,490)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
14,609.25 +5.65%
on 08/18/23
15,661.25 -1.44%
on 09/01/23
+328.70 (+2.18%)
since 08/15/23
3-Month
14,609.25 +5.65%
on 08/18/23
16,062.75 -3.91%
on 07/19/23
+61.20 (+0.40%)
since 06/15/23
52-Week
10,950.75 +40.95%
on 10/13/22
16,062.75 -3.91%
on 07/19/23
+3,082.20 (+24.95%)
since 09/15/22

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Most Recent Stories

More News
What to Expect From Omnicom Group's Next Quarterly Earnings Report

With Omnicom Group gearing up to release its Q2 earnings results later this month, analysts project a single-digit growth in earnings.

OMC : 89.23 (+0.17%)
OMC : 89.23 (+0.17%)
$SPX : 5,537.02 (+0.51%)
XLC : 86.09 (+0.03%)
XLC : 86.09 (+0.03%)
What to Expect From J.B. Hunt Transport’s Q2 2024 Earnings Report

J.B. Hunt Transport is expected to release its second-quarter earnings later this month, and analysts project a double-digit profit dip.

JBHT : 158.71 (-0.45%)
$SPX : 5,537.02 (+0.51%)
XLI : 121.66 (+0.36%)
XLI : 121.66 (+0.36%)
Here's What to Expect From Prologis' Next Earnings Report

With Prologis gearing up to release its Q2 earnings results later this month, analysts project a high-double-digit decline in earnings.

PLD : 113.30 (+0.08%)
PLD : 113.30 (+0.08%)
$SPX : 5,537.02 (+0.51%)
XLRE : 38.16 (-0.10%)
Elliott Wave Intraday Looking for S&P 500 ETF (SPY) to End Wave 5

Short Term Elliott Wave in S&P 500 ETF (SPY) suggests rally from 4.20.2024 low is ongoing as a 5 waves impulse structure. Up from 4.20.2024 low, wave ((i)) ended at 534 and pullback in wave ((ii)) ended...

SPY : 551.46 (+0.45%)
What You Need to Know Ahead of Avery Dennison’s Earnings Release

Avery Dennison will release its second-quarter earnings later this month, and analysts anticipate a double-digit bottom-line growth.

AVY : 216.83 (+0.79%)
$SPX : 5,537.02 (+0.51%)
XLY : 187.77 (+0.64%)
What to Expect From Packaging Corporation’s Next Quarterly Earnings Report

Packaging Corporation is set to unveil its Q2 earnings later this month, and analysts project a high single-digit profit dip.

PKG : 179.58 (+1.17%)
$SPX : 5,537.02 (+0.51%)
VCR : 318.44 (+0.41%)
Alexandria Real Estate Equities’ Quarterly Earnings Preview: What You Need to Know

Alexandria Real Estate Equities is expected to release its second-quarter earnings this month, and analysts project a single-digit bottom-line growth.

ARE : 117.09 (+0.03%)
$SPX : 5,537.02 (+0.51%)
XLRE : 38.16 (-0.10%)
Brown & Brown’s Q2 2024 Earnings: What to Expect

With Brown & Brown expected to release its Q2 earnings this month, analysts project a double-digit bottom-line growth.

BRO : 90.04 (+0.44%)
$SPX : 5,537.02 (+0.51%)
XLF : 41.55 (-0.31%)
Earnings Preview: What to Expect From Coca-Cola’s Report

As Coca-Cola gears up to release its second-quarter earnings results later this month, analysts project a single-digit bottom-line growth.

KO : 63.33 (+0.29%)
$SPX : 5,537.02 (+0.51%)
XLP : 76.44 (-0.17%)
What to Expect From Netflix's Next Quarterly Earnings Report

Streaming giant Netflix is all set to announce its second-quarter results this month, and analysts are projecting a notable double-digit earnings growth.

NFLX : 682.51 (+0.43%)
$SPX : 5,537.02 (+0.51%)
XLC : 86.09 (+0.03%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 15,628.47
2nd Resistance Point 15,576.23
1st Resistance Point 15,505.72
Last Price 15,435.20s
1st Support Level 15,382.97
2nd Support Level 15,330.73
3rd Support Level 15,260.22

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52-Week High 16,062.75
Last Price 15,435.20s
Fibonacci 61.8% 14,109.97
Fibonacci 50% 13,506.75
Fibonacci 38.2% 12,903.53
52-Week Low 10,950.75

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