Intermarket Analysis: e-mini SP500 (/ES) vs. 30-year USA Bond (/ZB).

In a previous post about one of the dependencies (relationship) in intermarket analysis suggests that the bonds sagged seriously (it is the price of bonds, rather than the yield), while the price of the futures /ES continued to grow.

Last week, futures /ES dropped to 2560 – and that’s working out of this relationship.

To determine the time of the turn of the /ES it was necessary to follow the tape (every day) and watch several other tools (which will be discussed later).

All financial instruments are interconnected – money (by themselves) is not needed by anyone – you only need what you can buy (somewhere to invest). So in the market of futures, bonds, forex and raw materials – money (huge amounts) flow from one asset to another. And these marks are visible!

ES vs. ZB correl

 

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s