The Significance Of /ES at 3,950

2023-03-09 / Jack Roberts

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In today’s video I discuss today’s intra-day move and the significance of /ES at 3,950 and why trading below that could very well mean that this thing falls apart earlier than expected. We’ve been tracking this inflection point and while the daily put/call ratio doesn’t exactly scream short this market, it might be a blessing in disguise to be cautiously bullish as we dip into what could be a super volatile next week.

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Jack Roberts

Hailing from the small town of West, Texas, Jack brings a light-hearted composure to Simpler Trading. A composure only maintained through almost two decades of trading and a solid grasp on trader psychology. Jack has a special relatability factor in the room — a characteristic that’s made many members feel right at home with his easy going mentality and thirst for knowledge. He tackles complex ideas in a way which allows for traders of all experience levels to understand, while taking a more humorous and entertaining approach of explanation. He’ll be the first to tell you that you never stop learning as a trader – that’s the only way to get better! After all, that’s what started his path to becoming a full-time trader.

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