Princetontrader Futures Trading Education S&P Futures Webcast May 5, 2017

The S&P Futures despite FOMC and a healthcare vote remain in the same range 2475 on the downside and 2387-90 on the upside.  The trading in between has been whippy and choppy.  Today is the jobs report and Sunday the French runoff election.  The number of things the tape is waiting for is reducing.  Whether this translates into immediate volatility remains to be seen.  Don’t get chewed up trading a tape that wants to do 3 handles ranges then whippy moves that immediately whip back.  Better tapes will come.  See how the tape reacts today.  Trade the tape you have not the tape you want.