$ES/$SPY Recap
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This blog has two more weeks.
The $SPX and Nasdaq rally today is once again being fueled by short-term options trading.
We also have Netflix and Tesla reporting this week which is a big deal from a contextual perspective on markets.
I made a 5 minute video on the YT for that you can watch later tonight.
I’ve talked about it on this site a lot but amateur futures traders are obsessed with:
Win rates
Trading systems
None of that matters if you don’t know how to ANALYZE a market from a top-down approach because all you see is a ‘set up’ and forget everything else in the market plumbing that works to make any of it work.
Things like Yen/ES futures correlation.
Things like high time frame candles.
Things like earnings this week.
Those play a factor in the analysis process for me and I’ll explain in detail in this post.