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Nasdaq 100 Sep '15 (NDU15)

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Nasdaq 100 Futures Market News and Commentary

Stock Indexes Mixed as They Consolidate Below Record Highs

The S&P 500 Index ($SPX) (SPY) today is down -0.12%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.34%. 

US stock indexes today are mixed as they consolidate just below this week’s all-time highs.  Stocks garnered some support today on dovish comments made Thursday evening from Atlanta Fed President Bostic, who said if the outlook unfolds as he expects, referring to slowly moderating inflation and continued economic momentum, "then it could be appropriate for us to reduce rates toward the end of the year."

Higher T-note yields today and some mixed economic news from China limit stock gains.  An uneven recovery in China may weigh on global growth prospects and is negative for stocks.  China Apr industrial production rose +6.7% y/y, stronger than expectations of +5.5% y/y.  However, China Apr retail sales rose +2.3% y/y, weaker than expectations of +3.7% y/y and the smallest increase in 16 months.  Also, China... Read more

Contract Specifications

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Contract
Nasdaq 100 Index
Contract Size
$100 times Index
Tick Size
0.25 points ($25.00 per contact)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (RTH 8:30a.m. - 3:15p.m.) (Settles 3:15p.m.) CST
Exchange
CME
Point Value
$100
Margin/Maintenance
$19,800/18,000
First Notice Date
09/17/15
Expiration Date
02/06/15 (expired)
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Price Performance

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Period Period Low Period High Performance
1-Month
4,068.50 +3.23%
on 01/15/15
4,249.50 -1.16%
on 01/26/15
+118.25 (+2.90%)
since 01/06/15
3-Month
4,056.50 +3.54%
on 12/16/14
4,306.75 -2.48%
on 11/28/14
+70.50 (+1.71%)
since 11/06/14

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Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 4,200.00
1st Resistance Point 4,200.00
Last Price 4,200.00s
1st Support Level 4,200.00
2nd Support Level 4,200.00
3rd Support Level N/A

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52-Week High 4,306.75
Last Price 4,200.00s
Fibonacci 61.8% 4,078.22
Fibonacci 50% 4,007.63
Fibonacci 38.2% 3,937.03
52-Week Low 3,708.50

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