Breaking News

G20 – Four Days And Counting

By MrTopStep (Danny Riley)Stock MarketsJun 26, 2019 02:20AM ET
G20 – Four Days And Counting
By MrTopStep (Danny Riley)   |  Jun 26, 2019 02:20AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items


Index Futures Net Changes and Settlements:

Index Futures Net Changes And Settlements
Index Futures Net Changes And Settlements

Foreign Markets, Fair Value and Volume:

  • In Asia 7 out of 11 markets closed lower: Shanghai Comp -0.87%, Hang Seng -1.15%, Nikkei -0.43%
  • In Europe 11 out of 13 markets are trading lower: CAC -0.10%, DAX -0.06%, FTSE +0.01%
  • Fair Value: S&P +4.46, NASDAQ +27.64, Dow +7.66
  • Total Volume: 902K ESU & 230 SPU traded in the pit

*As of 7:00 a.m. CST

Today’s Economic Calendar:

Today’s economic calendar includes the 8-Week Bill Settlement, John Williams (NYSE:WMB) Speaks 8:45 AM ET, Redbook 8:55 AM ET, S&P Corelogic Case-Shiller HPI 9:00 AM ET, FHFA House Price Index 9:00 AM ET, New Home Sales 10:00 AM ET, Consumer Confidence 10:00 AM ET, Richmond Fed Manufacturing Index 10:00 AM ET, Raphael Bostic Speaks 12:00 PM ET, Jerome Powell Speaks 1:00 PM ET, and James Bullard Speaks 6:30 PM ET.

S&P 500 Futures: Low Volume Grind

S&P 500 Futures
S&P 500 Futures

Chart courtesy of Scott Redler @RedDogT3 – $spx futures -5 as the Markets try and prove they can hold higher with all the macro tensions and Sector Divergences.

During Sunday nights Globex session, the S&P 500 futures (ESU19:CME) printed a high of 2961.75, a low of 2947.25, and opened Monday’s regular trading hours at 2956.25.

After the 8:30 CT bell, the ESU made a quick trip down to 2952.75, and then settled into a quiet 7 handle range for the rest of the morning and into the afternoon. It was not a setup for day traders to hold onto runners. You definitely had to play both sides to make any money. I, personally, sat on my hands for most of the day.

By 2:15, the futures had finally broken out of the range, and printed a new RTH low at 2950.50. Other than that, there was very little excitement going into the close.

When the MiM reveal came out showing $597 million to buy, the ES was trading at 2952.50. It would then go on to print 2950.75 on the 3:00 cash close, and 2952.25 on the 3:15 futures close, up +2 handles on the day.

In the end, the overall tone of the ES was firm, but slow. In terms of the days overall trade, total volume was low, with only 900K futures contracts traded.

Original Post

G20 – Four Days And Counting
G20 – Four Days And Counting

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email