Explaining Correlation Studies

Comparison charts can be helpful to identify price disparity, says chartist Rick Ducat. Correlation help us see the degree to which two securities move together. There are opportunities for traders within some of the market's natural divergences that emerge, he adds. Rick gives chart examples of correlation of the Nasdaq futures (/NQ) and the Russell futures (/RTY). He explains the Russell downward channel.

Futures

09 Jul 2021

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7:00 am
Market Overtime
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Explaining Correlation Studies

Comparison charts can be helpful to identify price disparity, says chartist Rick Ducat. Correlation help us see the degree to which two securities move together. There are opportunities for traders within some of the market's natural divergences that emerge, he adds. Rick gives chart examples of correlation of the Nasdaq futures (/NQ) and the Russell futures (/RTY). He explains the Russell downward channel.

Futures

09 Jul 2021

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

FOLLOW US