Let’s visualize this. In October 2023, the ES (S&P 500) futures contract made a high of 4400. A trader watching Jigsaw sees price surge to 4401.50 on a huge volume spike. However, on the footprint, the Delta at 4401.50 shows -5,000 contracts (more sellers than buyers).
Some potential benefits of jigsaw trading include:
: The Smart Gauge tracks the speed of transactions. A sudden slowdown in the "tape" at a price peak can indicate that the upward momentum is cracking.
: Jigsaw provides a wealth of free order flow analysis lessons on their website to help you decide if the tool fits your trading style before buying.