ForexAnalytix's Perry Says Buy S&P 500 E-Minis Down to 2660

The video tutorial provides an in-depth analysis of the micro S&P 500 E-Minis traded on the CME. It covers market performance trends, focusing on the percentage of stocks above the 200-day moving average. The discussion includes the impact of trade wars on market volatility and potential Fed actions. Technical analysis is conducted using ascending wedge patterns to predict market movements. The video concludes with insights into futures trading, highlighting the benefits of micro E-Minis for retail traders.

What was the market performance of the E mini futures before and after the New York Open?

• Up 7/10 of 1% before and down 9/10 of 1% after

• Down 7/10 of 1% before and up 9/10 of 1% after

• Up 9/10 of 1% before and down 7/10 of 1% after

• Down 9/10 of 1% before and up 7/10 of 1% after

What does a high percentage of stocks above the 200-day moving average indicate?

• Strong market internals

• Volatile market conditions

• Bearish market trend

• Weak market internals

According to Joe Perry, what could be a potential outcome if trade wars are not resolved?

• The market will remain stable

• Stocks will rise significantly

• The Fed will increase interest rates

• Stocks will continue to fall

What pattern does Joe Perry identify in the market, and what is his strategy?

• Descending triangle; selling strength

• Ascending wedge; buying weakness

• Symmetrical triangle; holding positions

• Double top; short selling

What is one advantage of trading the new micro E Minis according to Joe Perry?

• They are 1/10th the size of a regular E Mini

• They are more expensive than regular E Minis

• They require buying every stock in the S&P 500

• They offer less liquidity than regular E Minis