ELITE Tape | June 2026: Five Weeks, Not One Green
June 2026 ELITE Tape monthly futures recap. All five weeks closed net negative, NQ led the losses, and the Russell 2000 contracts topped a thin profit column. See the full breakdown.
June in One Frame
June closed net negative for ELITE accounts in all five of its weeks. Week 4 carried the heaviest loss, and even the lightest full week, Week 3, finished well in the red. There was no green week anywhere in the month to offset the slide.
ETF is a futures prop firm for traders who want uncapped Live Elite rewards.
Most of the damage sat in the NASDAQ contracts. E-Mini NASDAQ-100 (NQ) posted the month's largest loss, more than double the next-largest, and Micro E-mini NASDAQ-100 (MNQ) took the second spot while leading every instrument in volume.
The profit column was thin all month. The Russell 2000 pair, Micro E-mini Russell 2000 (M2K) and E-Mini Russell 2000 (RTY), led it, the only index futures to finish June in the green.
Elite Trader Funding uses sim-funded ELITE accounts as a stepping stone to real capital. ELITE accounts trade in a simulated environment, and the data in this recap reflects that activity. These results are not live trading outcomes.
What Drove Volume
MNQ was not close to second place. The Micro E-mini NASDAQ-100 generated the largest share of activity in June by a substantial margin, nearly four times the volume of the next instrument on the list.
NQ, the full-size NASDAQ contract, ranked second in volume. The pattern mirrors what we've seen for months: NQ is active, but it costs. Traders are engaged with it, but profitability has not followed. That divergence between volume and outcome in NQ has been one of the defining features of 2026 for ELITE accounts.
MES held third place in volume for the month. Micro Gold and ES rounded out the top five. Both S&P 500 contracts, full-size and micro, finished June in the loss column.
Week 2 was the busiest week of the month by volume, and Week 4 was the deepest loss week. Busy or quiet, every week of June finished net negative.
Where ELITE Found the Green
Only a short list of instruments finished June in the green, and the margins were small. Micro E-mini Russell 2000 (M2K) led, with E-Mini Russell 2000 (RTY) close behind, making the Russell the one index family that held up for ELITE accounts this month.
Micro Bitcoin (MBT), Natural Gas (NG), 100-Ounce Silver (SIC), Platinum (PL), Soybean Oil (ZL), and E-Micro Euro (M6E) filled out the rest of the profit column, each by a small margin. Nothing from the NASDAQ, S&P 500, or Dow complex, full-size or micro, finished the month in the green.
What June Cost
NQ was the single largest P/L drag in June. The full-size NASDAQ contract ranked second in activity and first in losses. That combination has persisted for months. The losses were not concentrated in one bad week; they accumulated across the entire month. This is a pattern, not a one-week event, and it is addressed directly in the patterns section below.
MNQ posted the second-largest loss for the month, so the busiest instrument on the board was also its second-heaviest drag. E-Mini S&P 500 (ES) and Micro E-mini S&P 500 (MES) followed in third and fourth.
Micro Gold (MGC) and Gold (GC) came next, in fifth and sixth. The metals complex had a difficult June, and silver didn't escape it: Micro Silver (SIL) and Silver (SI) closed out the top 10 losses.
Swiss Franc and Micro Crude Oil round out the notable losers. Currency and energy exposure both worked against ELITE accounts in June. These are not high-volume instruments in this dataset, but their presence in the top-loss column reflects challenging conditions outside the equity index space as well.
How the Weeks Stacked Up
Week 1 opened the month in the red, and it set the tone for everything after it. None of June's five weeks finished net positive.
Week 2 was the busiest week of the month and its second-heaviest loss.
Week 3 was the month's lightest full-week loss, though still clearly net negative. This was the rollover week for June contracts. Transitions between contract months create volatility and tend to compress the edge.
Week 4 was the deepest loss week of the month.
Week 5 covered three trading days, closing out before the Independence Day holiday. Volume dropped sharply, which is expected. The losses were smaller in magnitude but still net negative. June closed the way it opened: in the red.
You can read the full breakdown for the final full week of June here.
Patterns and What We're Watching
- NQ in the loss column: NQ has now finished as the top loss instrument in ELITE accounts for multiple consecutive months. June extended that run. The full-size NASDAQ contract has not produced a net-positive outcome for ELITE accounts across an extended stretch, and the gap between its volume rank and its P/L rank has not narrowed. This is a sustained pattern, not a monthly anomaly.
- MNQ as the volume anchor: June marks another month where MNQ led all instruments by a commanding margin, and it also posted the month's second-largest loss.
- Russell 2000 as the exception: Both Russell contracts, M2K and RTY, finished June in the green, the only index futures to do so.
- Busy weeks and bad weeks did not line up: Week 2 was the busiest and Week 4 the deepest loss, and every week lost regardless of volume.