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Next Open

While CME is closed, a predicted reopening price for ES, NQ and GC, with direction, a likely range and where it lands against the levels.

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Next Open predicts where ES, NQ and GC will reopen while CME futures are closed: over the weekend, at the daily break and on holidays. While CME is trading, it shows when the next prediction starts instead.

For each market it shows:

ElementWhat it is
Predicted openThe expected reopening price
BadgeUp or Down with the chance of that direction, Flat for a small gap, or No signal
GapThe predicted open against the last futures close
RangeWhere the open is likely to land; about 2 in 3 opens fall inside it
Opens ...Where the predicted open sits against that market's call wall, put wall or gamma flip

In the live widget a line under the predictions gives the backtest: how often the direction was right over past weekends or sessions.

Marked (Beta) in the widget picker: it is newer, and some of the data behind it can lag the live market by several minutes.

Practical application#

Next Open widget, illustrative example: a weekend gap up predicted for ES and NQ
Illustrative example data, not a real session. Saturday, for the Sunday 6:00 PM ET reopen: NQ predicted at 27,190 (+0.42%, Up 71%) from a 27,075 close, range 27,062 to 27,318; ES Up 66%; GC Flat.

Reading it. It is Saturday, and the card counts down to the Sunday 6:00 PM ET reopen (1 day 6 hours away). NQ closed Friday at 27,075; the predicted open is 27,190, a +0.42% gap, with a 71% chance the open is higher. The likely range runs from 27,062 to 27,318, and the open lands above the gamma flip, short of the 27,250 call wall. ES points the same way (Up 66%); GC is Flat.

What it means. The weekend leans toward a modest gap up for the equity indexes. The range still includes Friday's close, so a flat or slightly lower open would not be a surprise.

How to use it.

  • Plan the open before it happens: a predicted open near a wall tells you which level price will meet first.
  • Treat the percentage as odds, not a promise. A 71% call is wrong about three times in ten; size for that.
  • A wide range means an uncertain weekend: wait for the first minutes of trading before committing.
  • Flat or No signal: no edge in the gap; trade the levels instead.