Why I Don’t Trade the S&P
Kal asked why I don’t trade the S&P.
Here’s my response…

Kal asked why I don’t trade the S&P.
Here’s my response…

The FOMC announcement is today at 11AM PT which is sure to be a market mover. Here’s how I’m playing it….
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When this indicator flips on the daily chart, I pay more attention…
Thank you Mindie,
Appreciate the reply.
My pleasure. ????
It’s very helpful when trading the /NQ to also have the /ES where you can monitor it. The NQ can and does influence the ES at times but the ES is always the Boss. When the NQ starts following the Boss you can predict your moves with more confidence. Also the ES seems to move more smoothly and many days that saves a lot of in and out trading. Just a thought. Mr. Ed
Thanks, Mr. Ed.