mortdiggiddy

Dow Jones vs. SPX500 Futures Spread

We have reached an important inflection point. $DIA may start losing strength against $SPY. $STUDY
Comment: The spread is normalized for $5 X YM - $50 * ES. Each point of YM is $5, each point of ES is $50.
Comment: Last few sessions.
Comment: By contrast simply buying 1 contract of NQ and shorting 1 contract of YM at the 2018 open had a top value near $20,000 per contract spread.

This is interesting considering the huge drawdown in February when the dow jones lost thousands of points. The current value of the spread (per contract) is near $15,000.
Comment: Haven't looked at this post in awhile... kept going and going. Failed idea haha.
Another day another dollar.

Twitter: https://twitter.com/mortdiggiddy
Telegram: https://t.me/mortdiggiddy
Daily Edge Trading Group: https://www.daily-edge.com
Paypal: https://www.paypal.me/mortdiggiddy
Bitcoin: 3G7icnFJasC7WWShZy5qgczaf2GmkRFkNv
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out