XAUUSD/ES/SPX Correlation
I thought I'd check it out in a shorter time frame. Tight.
(I should mention this has developed since around 10th Feb, from the 17th onwards, very close. From 24th XAUUSD frontrunning SPX.
Theory/cause: improvement in overnight XAUUSD swap rate). Just tested. Trading SPX on the similarity of (H&S) pattern & disparity. Gold dropping, therefore SPX will.
5mins. 6.47% Result.
(I should mention this has developed since around 10th Feb, from the 17th onwards, very close. From 24th XAUUSD frontrunning SPX.
Theory/cause: improvement in overnight XAUUSD swap rate). Just tested. Trading SPX on the similarity of (H&S) pattern & disparity. Gold dropping, therefore SPX will.
5mins. 6.47% Result.
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