Point value
YM changes by $5 per Dow index point for one contract. Confirm the current CME specification with your broker before trading.
YM is the E-mini Dow futures contract. For one contract, a one-point Dow move changes the position by $5 before costs. A useful signal identifies the exact instrument and contract month, then defines activation, invalidation, targets, and status.
Reviewed September 2026
Risk disclosure: Futures are leveraged and can produce rapid losses. Contract specifications, margin, fees, hours, and price limits can change. Verify current details with CME and your broker; this page is general information, not personalised financial advice.
YM changes by $5 per Dow index point for one contract. Confirm the current CME specification with your broker before trading.
Planned point distance × $5 × number of contracts gives the pre-cost cash risk if the stop fills at its level.
Commission, exchange fees, bid-ask spread, and slippage are additional. Fast markets can fill a stop at a worse price.
Use the active contract and note rollover. A chart or signal tied to another expiry can show a different price.
The setup should identify whether its levels refer to a cash index, CFD, ETF, or the active futures contract.
Wait for the stated condition; do not assume a published level means an immediate market order.
Define the point at which the thesis is wrong, then calculate contract count from your own cash-risk cap.
US data, Federal Reserve events, earnings, and the equity open can change spread, volatility, and fill quality.
YM is the E-mini Dow futures contract, a CME-listed futures contract linked to the Dow Jones Industrial Average.
The contract multiplier is $5 per Dow index point for one contract. Always confirm the live specification and fees with your broker.
Only after checking the price difference, contract month, trading hours, and execution conditions. Cash indices, CFDs, ETFs, YM, and MYM are related but not interchangeable.
No. Any setup can fail, and leverage, gaps, slippage, fees, timing, and user execution can change the outcome.
Match the contract, define invalidation, include costs, and choose contract count from your own maximum loss.