Nasdaq / S&P Futures, index?

Hi this is a noob question, but I'm a noob. In alot of posts people say they check the Nasdaq Futures or S&P Futures to confirm direction of the market or trend. What exactly are they checking here? Are there indexes of the S&P and Nasdaq futures? If so whats the symbols? or are they checking specific contracts? Maybe the ones closest to expiration? thanks
 
Quote from Bladen:

Hi this is a noob question, but I'm a noob. In alot of posts people say they check the Nasdaq Futures or S&P Futures to confirm direction of the market or trend. What exactly are they checking here? Are there indexes of the S&P and Nasdaq futures? If so whats the symbols? or are they checking specific contracts? Maybe the ones closest to expiration? thanks

Sounds like your trying to say your trading stocks and want to take a look at the Futures for possible direction of the market or trend.

You can find answers to your questions at the following links.(direct from the source)...

http://www.cme.com

http://www.cbot.com

Tons of info at the above links including charts and free resources.

NihabaAshi
 
Back
Top