# Trading the S&P 500 (ES / MES) with order flow

- Source: https://orderflowfutures.com/en/blog/order-flow-sp500-es
- Site: OrderFlowFutures (https://orderflowfutures.com)
- Author: Tom, Trader & founder of OrderFlowFutures (https://orderflowfutures.com/a-propos#auteur)
- Published: 2026-07-06
- Updated: 2026-07-06
- Reuse: free to quote and cite, with attribution to OrderFlowFutures and a link to the source URL.

> The ES and micro MES are among the most traded futures in the world — ideal ground for order flow. How to read them.
S&P 500 futures (ES, micro MES) is one of the most traded contracts in the world. Its depth makes it a prime market for [order flow](/order-flow): the flow is dense and readable.

## A clean, deep flow
High [liquidity](/lexique/liquidity) makes [absorption](/lexique/absorption) and [delta](/lexique/delta) especially reliable. [Heatmap](/heatmap-trading) levels tend to hold well.

## Session references
The [POC](/lexique/poc), [VWAP](/lexique/vwap) and value area structure the day. The ES respects these references, which helps anticipate reactions.

## The MES to learn
The micro MES lets you trade the same flow at ten times less risk — ideal to start or test an idea.

## Go funded
An [order-flow prop firm](/propfirm-order-flow) like [Phidias](/propfirms/phidias) (DeepCharts included, no intraday trailing) funds you after an evaluation. See the [comparator](/comparateur).