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In this video tutorial, David Frost analyzes the daily chart of the Spy or spider, which represents the S&P 500. He discusses the importance of time in trading and compares charts that may appear similar but have differences. Frost emphasizes that time is more important than price and discusses the concept of intra-market divergence. He highlights that the market is on time according to his analysis and mentions the Lazy E-Mini Trader course, where various trading concepts are taught to help traders build a successful trading strategy.