E-Mini S&P 500 futures Context Report Review for Monday October 26, 2020

Recap of the action of the E-Mini S&P 500 futures in relation to today’s Context Report.

5 min (24-Hr Session) and 2 min (RTH Session) Chart Review

E-Mini S&P500 futures chart review


E-Mini S&P500 futures internals

Cumulative Volume Average


E-Mini S&P500 futures volume

Key Lessons From Today

  • Not all rotations/moves are the same. Where they start from and how they move from there is key. That is part of the context.
  • Do not scale out because of your emotions. Scale out because of meaningful price action that is saying the idea is no longer valid. Scaling out to feel good is a losing strategy and one that has been pushed by gurus since the dawn of time.