Skip to main content
🧠
🕯️ Intraday TradingIntermediate

Intraday Index Market Trading — 25 Questions

Test your understanding of US index futures, intraday setups, market open dynamics, and key concepts.

📝25 questions
🔤15 multiple choice
✅10 true / false
1 / 15
Multiple Choice

The ES futures contract is based on which US stock index?

About This Quiz

The Intraday Index Market Quiz covers US equity index futures trading — including the ES (S&P 500), NQ (NASDAQ 100), and related instruments. Questions cover pre-market analysis, gap strategies, session timing, VIX, economic releases, and how futures markets work.

Topics Covered

  • ✓ES, NQ, MES, and MNQ futures contracts
  • ✓US market open dynamics and gap strategies
  • ✓VWAP and intraday volume analysis
  • ✓VIX (fear gauge) and market sentiment
  • ✓Non-Farm Payrolls and key 8:30 AM EST releases
  • ✓Power hour (3–4 PM EST) trading setups
  • ✓Margin requirements and circuit breakers

💡 How This Quiz Works

  1. You'll receive 15 randomly selected questions from the full bank of 25.
  2. Answer each question and get instant feedback with a detailed explanation.
  3. Track your correct and wrong answers in real time with the live score counter.
  4. When you finish, review all your answers with the correct options highlighted.
  5. Hit "Try Again" for a fresh set of random questions — no two sessions are the same.

Questions in This Quiz

This quiz contains 25 questions on Intraday Trading. A random selection of 15 is presented each time you play.

  1. The ES futures contract is based on which US stock index?
  2. Intraday traders must close all positions:
  3. What time does the US stock market (NYSE/NASDAQ) officially open for regular trading?
  4. US index futures trade nearly 24 hours a day on which platform?
  5. What does VWAP represent for intraday traders?
  6. The "Gap and Go" strategy trades in which direction?
  7. The NASDAQ 100 futures contract is commonly referred to as:
  8. What is the "power hour" in US stock market trading?
  9. Margin in futures trading refers to:
  10. Which economic report, released at 8:30 AM EST on the first Friday of the month, most impacts index futures?
  11. "Relative strength" in intraday stock selection means:
  12. The MES contract is a smaller version of ES. MES stands for:
  13. VIX above 30 typically signals:
  14. What is the "opening bell reversal" setup?
  15. What does a "circuit breaker" do in US index trading?
  16. Index futures allow traders to profit from both rising and falling markets.
  17. The Dow Jones Industrial Average (DJIA) contains 500 companies.
  18. Pre-market price action and gaps often set the directional bias for the regular trading session.
  19. Intraday traders use end-of-day analysis exclusively and don't monitor charts in real time.
  20. The VIX is known as the "fear gauge" and measures the S&P 500's 30-day expected volatility.
  21. High trading volume validates price moves and gives them more significance.
  22. Earnings announcements have no material effect on index futures prices.
  23. ES futures settle to the actual S&P 500 index value at quarterly expiration.
  24. The "lunch hour lull" in US markets (11:30 AM–1:30 PM EST) typically sees reduced volume.
  25. An intraday trader who only trades for 1–2 hours around the open still needs a solid understanding of overall market structure.