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Dow Futures Mini Mar '17 (YMH17)

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Dow Futures Mini Futures Market News and Commentary

Strength in Chips Stocks Leads the Overall Market Higher

The S&P 500 Index ($SPX) (SPY) Thursday closed up +0.91%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.85%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.29%. 

US stock indexes settled moderately higher on Thursday.  A +9% surge in Qualcomm led chip stocks higher Thursday and boosted the overall market after it reported stronger-than-expected Q2 EPS and forecast Q3 EPS above consensus. The broader market also had carryover support from Wednesday when Fed Chair Powell said it’s unlikely the Fed’s next move would be to raise interest rates.  Stocks are awaiting earnings results from Apple after Thursday’s close and from Friday’s monthly US payroll report for further direction.

Stocks also garnered support Thursday after the Organization for Economic Cooperation and Development (OECD) raised its 2024 global growth forecast to +3.1% from a February estimate of +2.9% and said risks are becoming "better balanced."

Stock indexes maintained their gains... Read more

Contract Specifications

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Contract
E-Mini Dow Jones Industrial Average
Contract Size
$5 times Index
Tick Size
1 point ($5.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) CST (Settles 3:00p.m.) CST
Exchange
CBOT
Point Value
$5
Margin/Maintenance
$9,240/8,400
First Notice Date
03/17/17
Expiration Date
03/17/17 (expired)

Seasonal Chart

Dow Futures Mini Mar '17
Average Price Chart for 5 Prior Mar Contracts

Commitment of Traders Positions as of Apr 23, 2024

View Chart Details
Commercials - Long / Short
56,280 (+3,582)
64,010 (-5,147)
Non-Commercials - Long / Short
19,266 (-4,439)
12,414 (+2,388)
Dealers / Intermediary - Long / Short
38,151 (+4,897)
52,120 (-990)
Asset / Manager - Long / Short
15,757 (-950)
12,809 (-2,827)
Leveraged Funds - Long / Short
19,330 (-4,881)
8,742 (+1,938)
Other Reportables - Long / Short
406 (+6)
851 (-951)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
20,568 +1.96%
on 02/21/17
21,162 -0.90%
on 03/01/17
+384 (+1.87%)
since 02/17/17
3-Month
19,607 +6.96%
on 01/19/17
21,162 -0.90%
on 03/01/17
+1,178 (+5.95%)
since 12/16/16
52-Week
16,796 +24.86%
on 06/27/16
21,162 -0.90%
on 03/01/17
+3,784 (+22.02%)
since 03/17/16

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RGTI : 1.3100 (unch)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 21,014
1st Resistance Point 20,993
Last Price 20,972s
1st Support Level 20,933
2nd Support Level 20,894
3rd Support Level N/A

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52-Week High 21,162
Last Price 20,972s
Fibonacci 61.8% 19,494
Fibonacci 50% 18,979
Fibonacci 38.2% 18,464
52-Week Low 16,796

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