Futures Wrapped: 📈 NQ and ES 🎯 Take Center Stage in 2024

Welcome back traders to a BRAND SPANKIN’ NEW YEAR, congrats you all made it through 2024!

For now, let’s take a look back into the 2024 trading year in this weeks’ Wrapped edition!

Table of Contents

1. Futures Wrapped

2. Prop Firm Deals

3. This Week in History

4. Important Data Events

5. This Week's Trading Levels

NEWS
Futures Wrapped: 📈 NQ and ES 🎯 Take Center Stage in 2024

As the year comes to a close, it’s time to look back at the year that was for the futures heavyweights: the Nasdaq-100 E-mini (NQ) and the S&P 500 E-mini (ES). From jaw-dropping rallies to nail-biting selloffs, these indices gave traders a rollercoaster ride. Here’s the Wrapped 2024 for NQ and ES, complete with stats, surprises, and a few unexpected twists.

Headline Stats

Biggest Moves

Volatility Vibes

• Average Daily Range (ADR):

  • NQ: 311 points

  • ES: 62 points

• Most Volatile Month:

  • NQ: August (average ADR of 457 points)

  • ES: August (average ADR of 92 points)

• Least Volatile Month:

  • NQ: May (average ADR of 229 points)

  • ES: January (average ADR of 48.75 points)

Themes of 2024

1. Tech vs. Value Tug-of-War:
   NQ continued to shine during tech earnings seasons, outperforming ES in 6 out of 12 months.

2. Interest Rate Rollercoaster:
   Both indices saw significant drops on Federal Reserve decision days, with ES proving more resilient than the tech-heavy NQ.

3. AI Frenzy:
   NQ surged during the mid-year AI breakout, with NVDA and MSFT leading the charge.

4. The Resilient Consumer:
   ES benefited from steady retail and consumer discretionary sectors despite economic uncertainties.

Cumulative Gains

Trader Sentiment

• Longest Streak:

  • NQ: 8 consecutive green days in August

  • ES: 7 consecutive red days in October

• Volume Tracker:

  • Most Voluminous Day:

    • NQ: March 8 (1,048,847 lots)

    • ES: August 5 (3,436,080 lots)

  • Least Voluminous Day

    • NQ: December 24 (256,957 lots)

    • ES: December 24 (582,166 lots)

Closing Thoughts

As we bid farewell to 2024, both NQ and ES have shown why they remain the go-to playgrounds for traders. Whether you played the breakouts, scalped the pullbacks, or just held on for dear life, one thing’s for sure: futures trading never gets old.

Here’s to a profitable 2025!

PROPRIETARY FIRMS
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These are the firms that we currently recommend, this list is updated weekly!

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DATA
A Look Back Into The Past: This Week in History

Now that we have recapped the year, let’s look forward into this next week by looking back into history. Here are some stats on the last few years for the first trading week of the year!

Historical Stats

What is to come for the first trading week this year? We will just have to wait and see 😛 

EVENTS
Important Data Events - Week 1

The first week of the year! These are some market moving events that are occurring this week, take a quick screenshot of this list and set reminders as markets can get volatile during these times.

Monday, December 30th

Tuesday, December 31st

Wednesday, January 1st - Happy New Year 🎆 

Thursday, January 2nd

Friday, January 3rd

WEEKLY TRADING LEVELS
FUTURES INDICIES

Enjoy this list of levels that have been curated for you! These levels are some major support and resistance levels that have been identified as areas of interest.

Use them to guide your charting, happy trading! ☘️