NEW Micro Nikkei 225 contracts on the CME group! Contract Specs: Effective Sunday 27 October 2024 for trade date Monday 28 October 2024, and pending all relevant regulatory review periods, please be advised that CME will launch Micro Nikkei (USD) Futures. Contract Unit 0.50 USD x Nikkei Stock Average Price Quotation USD per Index Point Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT) Minimum Price Fluctuation 5.00 index points=$2.50 Product Code CME Globex: MNK CME ClearPort: MNK Clearing: MNK Listed Contracts Quarterly contracts (Mar, Jun, Sep, Dec) listed for 2 consecutive quarters Settlement Method Financially Settled Termination of Trading 5:00 p.m. Eastern Time (ET) on Business Day prior to 2nd Friday of the contract month
Weekly Newsletter #1214, In this issue: The Week Ahead - Earnings & NFP, Consumer Confidence Futures 102 - Recognizing Chart Patterns Hot Market of the Week - December Bean Oil Broker's Trading System of the Week - Crude Oil Swing Trading System Trading Levels for Next Week Trading Reports for Next Week Weekly levels below
Highly anticipated NFP (non farm payrolls) report tomorrow. It’s that time of the month again: Tomorrow the Labor Dept. releases its monthly Non-farm payrolls report. It’s widely considered to be one of the most important and influential measures of the U.S. economy and the report is released at 7:30 A.M., Central Time on the first Friday of the month. To review, the Labor Dept.’s Bureau of Labor Statistics surveys about 141,000 businesses and government agencies, representing approximately 486,000 individual work sites. The report excludes farm workers, private household employees, domestic household workers and non-profit organization employees. The report also includes other detailed industry data including the overall unemployment rate as a percentage of the total labor force that is unemployed but actively seeking work, wages, wage growth and average workday hours. Mini SP 240 min chart (4 hours) for your review below with possible support levels.
Weekly Newsletter #1215 Important Notices - Elections, FOMC - Volatile Week ahead. Futures 102 - Crude Oil Outlook + Premium Daily Research Hot Market of the Week - March sugar Broker's Trading System of the Week - Nikkei 225 Swing System Trading Levels for Next Week Trading Reports for Next Week
Levels for tomorrow below. A good quick read about the VIX and elections here: Why is the VIX so high when the markets are making new highs.