PmC future: the future's last price of last month
PmC future stands for previous month close, future: the last traded price of the main future — for example FDAX or NQ — at the end of last month's last futures session. Because futures keep trading after the stock market has closed, it is a different price than the official index's closing price of the month. Basics draws it on futures (main, mini, micro, nano) as it is, and converts it on CFD and index charts. The line is switched off by default; this page explains what it shows and how to switch it on.
On this page
1 Oct · new month
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- 1Wednesday 30 September, 22:00 — FDAX's last price of September: 25,248. It is PmC future for all of October.
- 2Thursday 1 and Friday 2 October — FDAX swings around the line and closes Friday above it, at 25,430.
- 3Wednesday 7 October — FDAX falls through the line and slides to 24,925 the next day.
- 4Friday 9 October — back above the line.
- 5Thursday 15 October, 05:05 — a dip to 25,237, 11 points under the line, and FDAX turns.
- 6Friday 16 October, 15:40 — FDAX trades at 25,827: 590 points above that dip.
Part of Basics
Free TradingView indicator with all session, week and month levels for index, futures and CFD charts.
Install Basics (free) →What the future's last price of the month is
On the last trading day of a month the futures session ends later than the stock market:
| US index futures (ES, NQ, YM, RTY) | 17:00 New York time |
|---|---|
| DAX future (FDAX) | 22:00 Berlin time |
| FTSE 100 future | 21:00 London time |
| AEX future | 22:00 Amsterdam time |
The last traded price before that moment is the future's closing price of the month: where monthly futures charts close their candle.
The future's last price or the index's closing price?
News after the stock market close moves the future but not the index's closing price, and the future trades at a different price anyway (the cash-future difference). On 30 September FDAX's last price was 25,248; the DAX's closing price, 25,199.19, is drawn as its own line: PmC index.
How Basics shows it
PmC future is drawn on every supported chart — futures (main, mini, micro, nano), CFDs and the index itself. On a mini, micro or nano future, for example FDXS or MNQ, you see the main future's last price (FDAX or NQ); on a CFD or index chart it is converted with the current cash-future difference.
| Default look | Dark pink, dashed, width 2 |
|---|---|
| Label on the chart | PmC future (renamable) |
| Switched on by default | No |
| Value | The main future's last traded price of last month |
| Price on your chart | Futures (main, mini, micro, nano): the main future's price as it is. CFD and index charts: converted with the current cash-future difference |
| Where the line starts | At the end of last month's last futures session; it runs through the whole current month |
| Timeframes | Charts from 1 minute up to the weekly chart, on seconds charts too, unless the level needs more history than the chart loads; not on monthly charts |
| Markets | Nasdaq-100, S&P 500, Dow, Russell 2000, DAX, FTSE 100 and AEX — all tickers |
| Lookback | 1 — last month only (up to 20 months) |
Right after a quarterly roll? In March, June, September and December the main future switches to the next contract, and the level can come from the old contract. Basics can also draw a b-adj version from the back-adjusted contract series; it only appears while the two differ. It is off by default, under Futures levels; see back-adjusted levels explained.
The same level on other instruments
Click a chart to enlarge it.
Why don't I see the line?
- It is switched off.PmC future is off by default. Check the box under Futures levels and the master switch Show all objects in 'Futures levels' group in the indicator settings.
- You are on a timeframe without it.The line is drawn on charts from 1 minute up to the weekly chart.
- Price is far away from it.Lines are hidden while the level is more than 5 % from the current price, so they don't squeeze the chart. You can change this under General → Level visibility range.
- Your ticker is not recognised.See the supported tickers — and if yours is missing, let me know: requests are very welcome.
What you can change
In the indicator settings (the gear icon next to Basics on your chart), under Futures levels:
| Show / hide | PmC future checkbox · Futures levels |
|---|---|
| Colour, width, style | Any colour · width 1–5 · solid, dashed or dotted |
| Label text | Default PmC future |
| Lookback | 1–20 months (default 1) |
| Back-adjusted version | PmC future b-adj, off by default · Futures levels |
| Label size, line end, visibility range | Shared with all lines · General |
Charts and defaults on this page: Basics v11.72.8 · updated 21 October 2026.
Frequently asked questions
When does a futures month end?
With the last futures session of the month: 17:00 New York time for ES, NQ, YM and RTY, 22:00 Berlin time for FDAX, 21:00 London time for the FTSE 100 future and 22:00 Amsterdam time for the AEX future.
Why is PmC future different from the index's closing price?
The future keeps trading after the stock market has closed and trades at a different price than the index. See the future's last price or the index's closing price.
Why don't I see PmC future?
It is switched off by default. Switch it on under Futures levels in the indicator settings.
Does it work on FDXS or MNQ?
Yes. On a micro you see the main future's last price of the month (FDAX or NQ).
Does it work on a CFD?
Yes. On a CFD such as US500 or GER40 the future's last price is converted with the current cash-future difference.
Related levels
See PmC future on your own chart
Basics is free on TradingView. Add it to any supported chart — for example FDAX or MNQ — and switch on PmC future under Futures levels.