E-Mini Futures updates on MLK holiday

[JimRutherford]

I am receiving E-Mini futures updates on intraday charts and the weekly chart has begun to draw a candle for this week but nothing on the daily chart since Friday. This is using ES #F and NQ #F with the all sessions boxes checked on the intraday charts. Can anyone tell me if this is the expected behavior?

Thanks

Jim

[tradertom]

Hey Jim,

I too noticed that with intraday charts set for All Sessions, the futures are updating as are the Quote Sheets. Unticking All-Sessions reverts the charts back to Friday's closing charts which are static. I am not sure this is expected behavior. Futures markets are open for business and charts do not reflect that.

Can someone at eSignal correct this?

Thanks,
Tom

[dcash]

If I remember correctly, the daily chart always runs one day behind on volume, but is current on price. I just checked the prices against this URL - http://www.cmegroup.com/trading/equi...es_globex.html and they line up with what my Daily chart is showing for ES #F. What I also show is that the volume listed for today's date, which is not updating, very closely matches the volume CME shows on the settlement for 1/14/11.

So, is this behavior expected - yes. Is it correct - that's an entirely different matter.

[JimRutherford]

dcash, I believe you are referring to the price reported in the daily snapshot bar on the daily chart. I also noticed that. My concern though is no candle being painted for today and what effect that may have on indicators.

Thanks

Jim

[Larry Marchman]

The trading activity in ES is for Trade Date Tuesday, and there shouldn't be and will not be a Daily bar for Monday, the MLK holiday. This trading activity today will show in the All Sessions chart. The trading ceases today at 11:30 EST and resumes at 18:00. The Daily bar for Tuesday should begin forming this evening at 18:00 when Tuesday trading resumes. It's been this way as long as I can remember. A quirk of QCharts regarding the Daily bar formation.

Edit Addition:
For those interested, here's the CME trading schedule that talks to today's activity being for trade date Tuesday.

http://www.cmegroup.com/tools-information/holiday-calendar/files/2011-martin-luther-king.pdf

LAM

[JimRutherford]

Thanks for the reply Larry, that helps a lot.

Jim

[Larry Marchman]

You are welcome, Jim.

I added a link to my earlier post.

LAM

Originally posted by JimRutherford
Thanks for the reply Larry, that helps a lot.

Jim