Lowest E-Mini S&P Closing Value in September

Trade Signal Tournament

Your submission is now in Draft mode. Once it's ready, please submit your draft for review by our team of Community Moderators. Thank you!

Question

An E-mini is an electronically traded futures contract that is a fraction of the value of its corresponding futures contract. E-mini futures are predominately traded on the Chicago Mercantile Exchange (CME) and typically correspond to large range of indices, including the US S&P 500.

As defined by the Corporate Finance Institute,

"A futures contract, referred to as a futures, is a binding legal financial contract, or an agreement, to buy or sell an underlying asset at a predetermined price, at a specified, pre-agreed date, in the future, between two parties who don’t necessarily know, or are involved in business with, each other."

These transactions allow the presence of smaller traders who could not necessarily afford the full sized contract. Because the E-minis are broken down into fractional parts for this type of trading, it increases the flexibility of futures trading and the liquidity of the market.

The recent boom of the stock market following the recession during the COVID-19 pandemic has pushed E-mini trading prices for the S&P 500 futures contracts to their highest level since its origination in 2008.

What will be the lowest closing value for the E-Mini S&P 500 Future Continuous Contract in September?

This question resolves as the lowest closing value for the E-mini S&P 500 Futures Continuous Contract in September. For this question, inter-daily values will not be counted.

Resolution will be sourced from MarketWatch or other reliable financial reporting platforms.

Categories:
Economy – US
Finance

Make a Prediction

Prediction

Note: this question resolved before its original close time. All of your predictions came after the resolution, so you did not gain (or lose) any points for it.

Note: this question resolved before its original close time. You earned points up until the question resolution, but not afterwards.

This question is not yet open for predictions.

Current points depend on your prediction, the community's prediction, and the result. Your total earned points are averaged over the lifetime of the question, so predict early to get as many points as possible! See the FAQ.

Metaculus help: Predicting

Predictions are the heart of Metaculus. Predicting is how you contribute to the wisdom of the crowd, and how you earn points and build up your personal Metaculus track record.

The basics of predicting are very simple: move the slider to best match the likelihood of the outcome, and click predict. You can predict as often as you want, and you're encouraged to change your mind when new information becomes available.

The displayed score is split into current points and total points. Current points show how much your prediction is worth now, whereas total points show the combined worth of all of your predictions over the lifetime of the question. The scoring details are available on the FAQ.

Thanks for predicting!

Your prediction has been recorded anonymously.

Want to track your predictions, earn points, and hone your forecasting skills? Create an account today!

Track your predictions
Continue exploring the site