Using SPX indicator - executing on ES ?

Cash rules futures---yes

 

Why? can't you simply use ES chart?

 

The overnight action clouds the real action of the market.

 

ok can't you hide the overnight chart and only use US Day trading hours chart

 

I tried this 20 years ago, slippage always nailed me in testing. Also tried other indexes including dow and 10year T-Note to generate signal on ES, the Dow was closest to generate a profit, gave up after 6 months.

Perhaps though now, perhaps software can create cash charts that are a percentage of the full index that are a second or two faster than ES.

Just too much work for a tick.

 

There would be no need. Cash rules futures

 

I still don't understand why this person want to use a Index chart when the futures chart is available

 

Because some indicators work well on SPX chart and NOT on ES chart....

 

Index chart is more accurate in determining the actual moves of the market in my view.