Emini futures nasdaq-100 E-mini futures remain

Nasdaq-100 E-mini futures remain correlated tightly with megacap tech earnings trends. With Nvidia set to report stronger-than-expected margins, futures pricing implies a 1.5% upside risk over the next 48 hours. The Chinese September Non-Manufacturing PMI came in at 50.0, weaker than expectations of 50.3. Available futures liquidity started to decline abruptly on 31 March, showing a decline between US$150 million to US$250 million by the end of trading. S&P 500 E-mini futures volatility index eased to 15.8, reflecting calmer market conditions. Traders note lower implied volatility could encourage more leveraged long positions heading into next week’s macro data.