When Does a Breakdown in Market Correlations Mean Something?


What if something that most traders and investors accept as fact, actually was not true?

The vast majority of people believe the four benchmark indexes are positively correlated to a value of 1. However, you may be surprised to know that over the last twenty years, for example, the Russell 2000 and Nasdaq 100, have not been correlated as such? Watch NinjaTrader’s Jim Cagnina & special guest Bob Iaccino explore correlation analysis across the major market indexes in our recent livestream.

Topics discussed include:

  • Discussing both positive and negative correlation as it relates to futures market analysis.
  • Demonstrating correlation analysis using specific historical and current charting examples.
  • Defining “bear markets” from a technical analyst’s perspective.
  • Identifying historical bear markets rallies with reference to current market activity.
  • How an understanding of correlation analysis could help in identifying potential trade opportunities using futures.

Ready for More?

Join NinjaTrader’s daily livestreams as we prepare, analyze and trade the futures markets in real-time.
View Upcoming Events

Get Started with NinjaTrader

NinjaTrader supports more than 500,000 traders worldwide with a powerful and user-friendly trading platform, discount futures brokerage and world-class support. NinjaTrader is always free to use for advanced charting & strategy backtesting through an immersive trading simulator.

Download NinjaTrader’s award-winning trading platform and get started with a free trading demo with real-time market data today!



Source link

Related articles

CrowdStrike Inventory Slides—Is Development Momentum Tapping Out?

It’s been a bullish earnings season for know-how shares, however that hasn’t been the case for CrowdStrike Holdings (NASDAQ:) Inc. The cybersecurity inventory is down greater than 14% within the final 30 days.Some...

US labor prices preliminary for Q2 1.6% versus 1.5% estimate

Prior quarter 6.9% for unit labor prices and -1.8% for productiveness.Unit labor prices 1.6% versus 1.5% estimateProductiveness preliminary 2.4% versus 2.0%.. The prior month was revised to -1.8% from -1.5%The information generally is...

Civitas divests $435 million in DJ Basin property, names interim CEO in management shift

(WO) — Civitas Sources introduced two main updates on Aug. 6: the reinstatement of a capital return program and a management transition that locations Board Chair Wouter van Kempen within the function of...

Bond, FX Market Volatility Hits 3-Yr Lows – Sharp Reversal Forward?

Volatility throughout main asset lessons is presently sitting at unusually low ranges. Whereas volatility is commonly seen as a broad measure of danger in monetary markets, its function has developed considerably in recent...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com