Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The CME equity index futures are undergoing a rollover from September to December contracts during this contract roll week. Traders are advised to transition to the December 2024 contracts as volumes for December have surpassed those for September. The ESU24 (September) contract settled at 5629.75, while the ESZ24 (December) contract settled at 5691. The rollover is expected to cause a widening spread between SPX and December futures. This period is characterized by rotational market activity ahead of the FOMC meeting and the release of Retail Sales data. Traders are reminded to adjust their charts to reflect the active daily continuation to account for rollover gaps. Today is noted as the heaviest roll day with volume in ESU & ESZ being about even.
Reminder the chart below represents the Dec contract (ESZ24). After a rotational day not too much has changed. The roll gap remained unfilled as volume was light. Tomorrow's pivot 5701.50 https://t.co/0I76d7zf04
Contract rolls are complete for the $SPX Options Visualizer from September -> December. If you're using this add-on for @bookmap_pro be sure to roll to the December $ES_F contract so you get access to the latest data! https://t.co/UC7HW2sTf6
$ES Daily Plan | September 17 Today's session was characterized by rotational activity, with the market in a holding pattern ahead of Wednesday's FOMC meeting. Retail Sales data is set to be released pre-open tomorrow. In terms of levels, the Smashlevel is at 5701. Holding… https://t.co/P27OLs9uxU
