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Russell 2000 E-Mini Sep '22 (QRU22)

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Russell 2000 E-Mini Futures Market News and Commentary

Stocks Mixed as Hawkish Fed Comments Push Bond Yields Higher

The S&P 500 Index ($SPX) (SPY) this morning is down -0.24%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.03%. 

Stock indexes this morning are mixed, with the S&P 500 posting a 1-3/4 month low.  Soaring bond yields are weighing on stocks as the 10-year T-note yield today climbed to a new 5-month high.  Today’s US economic news was mixed with March housing starts and building permits falling more than expected, but March manufacturing production rose more than expected.  The markets are awaiting comments early this afternoon from Fed Chair Powell.

Hawkish Fed comments pushed bond yields higher today and are weighing on stocks.  Fed Vice Chair Jefferson said, "If incoming data suggest that inflation is more persistent than I currently expect it to be, it will be appropriate to hold in place the current restrictive stance of policy for longer."   Also, San Francisco Fed President Daly said Monday evening that the... Read more

Contract Specifications

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Contract
E-Mini Russell 2000 Index
Contract Size
$50 times Index
Tick Size
0.10 points ($5.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (Settles 3:00p.m.) CST
Exchange
CME
Point Value
$50
Margin/Maintenance
$7,150/6,500
First Notice Date
09/16/22
Expiration Date
09/16/22 (expired)

Seasonal Chart

Russell 2000 E-Mini Sep '22
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of Apr 9, 2024

View Chart Details
Commercials - Long / Short
363,610 (+536)
346,606 (-4,735)
Non-Commercials - Long / Short
67,862 (-6,376)
95,477 (-934)
Dealers / Intermediary - Long / Short
124,487 (+5,604)
104,507 (+1,891)
Asset / Manager - Long / Short
201,584 (-3,419)
134,728 (-3,999)
Leveraged Funds - Long / Short
47,552 (-10,997)
115,535 (-2,430)
Other Reportables - Long / Short
18,894 (+3,989)
48,358 (-114)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
1,778.70 +1.45%
on 09/07/22
2,028.90 -11.06%
on 08/17/22
-218.72 (-10.81%)
since 08/16/22
3-Month
1,649.80 +9.38%
on 06/17/22
2,033.00 -11.24%
on 08/16/22
+152.68 (+9.24%)
since 06/16/22
52-Week
1,640.70 +9.99%
on 06/16/22
2,424.80 -25.58%
on 11/08/21
-409.52 (-18.50%)
since 09/16/21

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Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 1,843.75
2nd Resistance Point 1,831.13
1st Resistance Point 1,817.85
Last Price 1,804.58s
1st Support Level 1,791.95
2nd Support Level 1,779.33
3rd Support Level 1,766.05

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52-Week High 2,424.80
Fibonacci 61.8% 2,125.27
Fibonacci 50% 2,032.75
Fibonacci 38.2% 1,940.23
Last Price 1,804.58s
52-Week Low 1,640.70

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