Originally posted by El Cazador So do you monitor the futures for a sudden jump and assume the programs are kicking in or is there a more reliable indicator of program trading activity? Thank you.
As mentioned above, Programtrading.com lists their buy/sell programs, and you can use them as a guide. Be aware of the pivot points and other data used by the floor traders (some of this is available on the website as well).
Originally posted by Don Bright
The S&P traders watch the bonds until they close at 3PM, and then you will see a bit of market "free-for-all" while the traders settle into the day ending pattern.
Thanks for your contribution. You say that the S&P traders are watching the bonds. Is the bonds leading the futures then? How come? Which bond are we talking about?
