Government Shutdown Nears As Border Security Talks Fail


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Index Futures Net Changes and Settlements:

Contract

Settlement

Net Change

+/-%

S&P 500 (ESH19:CME)

2706.25

+2.25

+0.08%

DowJones (YMH19:CBT)

25,081

-50

-0.19%

Nasdaq 100 (NQH19:CME)

6916.75

+11.25

+0.16%

Russell 2000 (RTYH19:CME)

1508.10

+2.50

+0.16%

Foreign Markets, Fair Value and Volume:

  • In Asia 7 out of 11 markets closed higher: Shanghai Comp +1.36%, Hang Seng +0.71%, Nikkei -2.01%
  • In Europe 13 out of 13 markets are trading higher: CAC +0.92%, DAX +0.87%, FTSE +0.69%
  • Fair Value: S&P -1.00, NASDAQ +4.36, Dow -24.62
  • Total Volume: 1.55mil ESH & 157 SPH traded in the pit

Today’s Economic Calendar:

Today’s economic calendar includes a 3-Month Bill Auction and 6-Month Bill Auction at 11:30 AM ET.


S&P 500 Futures: #ES And The Late Friday RIP

Chart courtesy of @Chicagostock$ES_F Battle to hold the retest of the Dec 12 high 2686 to prevent buyers above from getting trapped. Buyers must overcome Thursday’s failed 271850 high to resume momentum for another shot at retesting Dec 3 trap. Failure to hold 2675 opens door to retest FOMC b/o 2650.

Despite some negative news that the U.S. and China aren’t making headway in the tariff negotiations, the S&P 500 futures sold off early Friday, then rallied to close on its highs of the day. After a steep decline that started in the fourth quarter of 2018, investors continue to take a bullish stance. As of Friday close the ES is up 16.81% since making its December 26th 2316.75 low.

On Thursday nights Globex session, the S&P 500 futures (ESH19:CME) printed a high of 2703.25, a low of 2687.00, and opened Friday’s regular trading hours at 2690.00. The morning high print was 2697.00 right after the bell, and the morning low came in at 2681.75. The S&P’s traded 2685.25 on the 10:30 European close, and 2691.00 going into the noon hour.

The early afternoon saw a low of 2690.75, a high of 2702.25, and a print of 2698.50 going into the final hour of the day. The futures rallied heading into the close, and traded up to 2698.25 on the 2:45 cash imbalance reveal, then printed 2707.50 on the 3:00 cash close, and settled the day at 2706.00 on the 3:15 futures close, up +2.00 handles, or +0.07%.

In the end, the overall tone of the ES was firm. In terms of the days overall trade, volume was a little lighter than Thursday, with 1.5 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

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ES_F LONG
Type Entry Exit Trade % Profit % Points HeatMap
normal-21 1317 1407 90 0.03 66.50 chart
normal-13 1511 1559 92 0.02 51.00 chart
normal-11 1010 1042 100 0.02 45.00 chart
normal-8 1003 1042 100 0.02 51.50 chart
normal-5 1005 1041 100 0.01 23.50 chart
taylorPlus-21 1118 1153 81 0.02 62.25 chart
taylorPlus-13 1124 1159 100 0.03 86.25 chart
taylorPlus-11 1133 1215 100 0.03 85.75 chart
taylorPlus-8 1133 1216 100 0.02 54.50 chart
taylorPlus-5 1345 1424 100 0.02 42.50 chart
taylor3-21 0957 1055 86 0.05 141.25 chart
taylor3-13 0956 1055 92 0.04 111.25 chart
taylor3-11 1012 1044 100 0.02 60.75 chart
taylor3-8 1127 1200 100 0.02 53.50 chart
taylor3-5 1125 1200 100 0.01 25.25 chart
ES_F SHORT
Type Entry Exit Trade % Profit % Points HeatMap
normal-13 1045 1126 -85 -0.02 -52.00 chart
normal-11 1046 1120 -82 -0.01 -37.75 chart
normal-5 0936 1006 -100 -0.01 -22.75 chart
taylorPlus-21 1254 1329 -81 -0.03 -82.00 chart
taylorPlus-13 1251 1325 -92 -0.02 -49.00 chart
taylorPlus-11 1252 1325 -91 -0.02 -41.50 chart
taylorPlus-8 1252 1325 -100 -0.01 -28.25 chart
taylorPlus-5 0932 1005 -100 -0.01 -16.25 chart
taylor3-13 1328 1418 -85 -0.04 -96.50 chart
taylor3-11 1328 1418 -82 -0.03 -68.25 chart
taylor3-8 1410 1456 -87 -0.01 -29.25 chart
taylor3-5 1358 1431 -100 -0.01 -16.00 chart

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