S&P 500 (ES) will go up to grab Asia session highs while NASDAQ stays underneath, forming a bearish SMT divergence, leading to a short trade opportunity on NASDAQ.
"what I would want would be the S&P 500 to go up, grab these Asia session highs, have NASDAQ obviously stay underneath them, maybe take out one or two of these highs here, um, and then just make a bearish SMT divergence off of that. And then probably we would probably have to take the short on NASDAQ because ES would be the leading index or sorry, ES would be the lagging index."