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Learn: how index, futures and CFD levels relate

The background behind the levels: why an index and its future trade at different prices, why the main future's levels matter on smaller contracts and CFDs, the trading terms in plain language, and in-depth articles.

Concepts

Cash-future differenceWhy an index and its future trade at different prices Main futureWhy the main future's levels matter on mini, micro and nano futures and CFDs Back-adjusted levelsWhy a futures level exists twice after a quarterly roll Trading sessionsPre-market, regular trading hours and after-hours per market

Markets

ES: S&P 500 futuresThe levels for ES, MES, NES and US500, with real ES examples NQ: Nasdaq-100 futuresThe levels for NQ, MNQ, NNQ and US100, with real Nasdaq examples YM: Dow futuresThe levels for YM, MYM, NDOW and US30, with real Dow examples RTY: Russell 2000 futuresThe levels for RTY, M2K, N2K and US2000, with real Russell examples DAX: FDAX, FDXM, FDXS and GER40The levels for FDAX, FDXM, FDXS and GER40, with real DAX examples FTSE 100: Z future and UK100The levels for the FTSE 100 future and UK100, with real FTSE examples AEX: FTI, MFA and NL25The levels for FTI, MFA and NL25, with real AEX examples

Guides

Previous day high and low: 3 waysDrawing by hand, a typical script or Basics, compared

Reference

GlossaryThe trading terms on this site in plain language ArticlesHow index, futures and CFD levels really relate

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