U.S. futures opened lower on Wednesday as investors reacted to the unexpected bump in the Consumer Price Index (CPI).
While the major index futures (ES -white, NQ – blue & YM – yellow) made a swift recovery by mid-morning, the sharp decline at the opening bell reiterated that fears of inflation are top of mind once again. The CPI, released by the U.S. Bureau of Labor Statistics, rose .5%, beating economists’ expectations of a .3% gain. Read More
Underlying strength, rate of change and price fluctuation can all be analyzed using technical indicators to identify potential trade signals in the 10-Year T-Note futures contract (ZN).
The following 3 technical indicators are just a few of the indicators that can be used when analyzing futures trading markets:Read More
With the recent spike in market volatility, the return of large market swings may become part of a day trader’s norm. Earlier this week, the CBOE Volatility Index (VIX), which is largely used to measure turbulence in the market, surged to levels not seen since 2015. Intraday spreads in the VIX topped nearly 60% and the DOW experienced a record point drop. Read More
After suffering the largest point drop in a single day, the markets are likely set for another turbulent trading session. Dow futures saw a 206-point loss at the open after slumping an additional 400 points overnight while the E-mini S&P 500 opened 26.24 points higher followed by the E-mini NASDAQ with a 43-point gain.Read More
Today Crude Oil futures reached an intraday high not seen since October 2015. The high is backed by a number of factors including continuous OPEC led production cuts, low levels of U.S. crude and a dollar in decline.Read More
On Sunday, lawmakers in Washington were unable end the federal government shutdown with immigration issues and DACA at the center of debate. With the first day of trading amid a government shutdown, investors appeared to shrug-off any long-term concerns. Read More
Comparing the price action of two different futures contracts may uncover complementary or inverse trends and leading indicator relationships to be used in a potential day trading setup.Read More
The number of Americans filing for unemployment benefits climbed by 11K to kick off the first week of 2018. The 261K jobless claims is a high not seen in nearly four months, and claims have risen now four weeks in a row. Read More
Gold futures notched its eighth consecutive winning session on Tuesday kicking off 2018 trading at levels not seen since September 2017.Read More
Backtesting an automated futures trading strategy enables you to see how a trade would have performed in historical market conditions. NinjaTrader’s award winning software equips traders with a robust backtesting environment through its Strategy Analyzer feature. Read More