I was told that S&P futures can be used as leading indicators when day trading stocks. However, I do not have access to Futures through my broker. As an alternative, can I use the Spy (ETF) or the SPX (S&P Index) as a leading indicator when day trading stocks?
Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random
