Index Futures

Index futures have a structural bullish bias — they trend up over time with intermittent corrections — creating a cleaner intraday dynamic than Forex. Forex futures represent less than 5% of total Forex volume, with the vast majority of transactions in the OTC spot market where no centralized volume reporting exists, making orderflow analysis unreliable. Central bank intervention in Forex markets adds a macroeconomic interpretation layer not required in index futures, making pure orderflow-based edge harder to isolate.