Busy week ahead! FOMC, contract rollover and more. Make it a solid, disciplined trading week!
Friday, Sept. 20th is Last Trading Day for September stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones and their Micro relatives. These futures contracts will halt trading at 8:30 A.M., Central Time and are cash settled, meaning any remaining open positions will be offset/settled using a to-be-determined settlement price. It is recommended that all new positions be placed in the December ’24 contracts.
Volume in the September ‘24 contracts will begin to drop off until their expiration next Friday, September 20.
Trading levels on our blog will switch to the December contract tomorrow!
See below a screen shot of volume and open interest on the Mini SP contract for example:
How to roll over Chart and DOM on E-Futures
Daily Levels for September 17, 2024
Improve Your Trading Skills
Get access to proprietary indicators and trading methods, consult with an experienced broker at 1-800-454-9572.
Explore trading methods. Register Here
* This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.