The Current State of E-Mini S&P December Futures
As we observe the E-Mini S&P December Futures, we see that it recently reached a contract high at 5830 before reversing to 5778. It’s important to note the low and high for the last session were 5778 – 5830. This information can be helpful when comparing the spread to the contract you are trading.
An Analysis of E-Mini Nasdaq December Futures
The E-Mini Nasdaq December Futures are currently in a slow 2-month bull trend, recovering from a late August collapse. In the last session, the high and low were recorded at 20188 – 20538, indicating a potential upward momentum in the market.
Insights into E-Mini Dow Jones December Futures
Despite a collapse that led to a bearish engulfing candle on Wednesday, the E-Mini Dow Jones December Futures managed to recover most of the losses the following day. This suggests that the bearish signal on Wednesday may have been a false alarm. It’s important to note that buying at the first support at 42270/230 proved to be a successful move, as the market rallied to 42594. The high and low for the last session were 42231 – 42594.
Trading Recommendations for E-Mini S&P September Futures
- Beat 5805 for a buy signal and hit the next target of 5830/35, but be cautious of unexpected reversals.
- Consider buying at support levels, but be prepared to take quick profits in low volatility conditions.
- Look for potential targets at 5875/85 and possibly as high as 5900/05.
It’s crucial for traders to set stop losses and have a clear exit strategy to manage risks effectively.
Insights into Nasdaq September Futures
- The break above the August high has led to targets being met, with potential for further gains towards 20600.
- Strong support levels at 19900/800 should be monitored closely, with stops below 19700 for long positions.
Analysis of E-Mini Dow Jones September Futures
- Long positions at first support worked well, with potential consolidation phase ahead to ease overbought conditions.
- Resistance levels and potential breakout targets should be considered for strategic trading decisions.
It’s essential to stay informed, set clear trading goals, and manage risks effectively to navigate the dynamic futures market successfully.